IT notice received u/s 143 1 A for mismatch income of Rs 9092/- FD Interest accepted the amount and ready to pay tax & revised return also but the same amount demanded in notice 2 times like
Part - A
Adjustments u/s 143(1)(a) Income as per Return Income as per Form Proposed addition in income
1 Form 16A/16-Other Income 0 9092 9092
2 Form 16/16A-Gross Total Income 746142 755234 9092
How to reply the amt 9092/- 2 time show in proposed addition in income, pls reply.
pls clarify that can a unregistered dealer make interstate purchases . and he can carry his goods from ur own vehicle without bilty.
dear sir/ madam, At present Stock details uploading facility is enabled in gst portal or to be enable?
Can a dealer purchased goods from unregistered dealer avail ITC in the return on the same month on its purchase.
A dealer deals in medicine.He has made interior of business costing 120000.purchased furniture costing 60,090.whether he is allowed ITC on the expenses he incurred?
i'm buying from my home state (rajasthan). tax comes cgst 2.5% and sgst 2.5%, when i am selling to out of state (gujrat). which amount % leviable to gst and how many input credit available.
my commodities is cloth.
urgent reply
If the trader have 2 GSTN 1 each in 2 different states under the same PAN then does he have to file 2 returns for each GSTN or only one return.
Sir what is the definition of MAT in income tax ? Whether it is applicable in PVT LTD company only ?
Finally our Indian Government wants to collect more & more revenue from the public sector. Instead of collecting the revenue through the channel of the GST Government should collect the direct tax out of the realized amount against the sales bill as raised by the assesee. Indian Tax/Revenue Collection System should be simplified as much as possible. Whatever gets credited into bank account during the period from April to March should be 100% taxable. There should be made certain slab to collect tax on total receipt during the whole financial year. Just to file GST Return even a poor man has to pay professional fee to GST consultant. GST Rules have been framed with so many restrictions. For example GST return cant be revised/corrected once it is uploaded.
Entry for Reverse charge Inward supplies