Dear sir madam my question is
After adding additional place of business in gst , while selling goods from that additional place making e invoice and e way bill does that place shows to select ?
And can same serial number tax invoice used for both place ?

My wife is a salaried Individual. She filed ITR-1 for last many years. She also invested in Mutual funds. In FY 2024-25, she sold some units of Mutual Fund amounting Rs. 10,000/- Please give your expert opinion for :-

(1) Under which "HEAD OF INCOME", Profit on Sale of Mutual Fund Units, WILL BE SHOWN in ITR-1?

(2) Under which "HEAD OF INCOME", above amount of Rs. 10,000/- will be shown in ITR-1?

Please give your expert advice.

With Regards!

1. At the end of the year it is seen that a sum of Rs. 2000 paid excess due to wrong return. Our Auditor is saying that this amount will be shown under the head of P/L account as Expenses. Please advise what is the actual accounting entry.
2. During checking of the GST credit ledger the FY 2024-25 is seen that one IGST amount of Rs. 2000 related March 2019 has been adjusted from the input balance. Then how to pass the accounting entry for the amount of Rs.2000.
3. As per the books, the opening balance of GST Credit ledger showing Rs. 200000. However as per the Electronic Credit Ledger the opening balance is Rs. 50000. The auditor is saying that please make an adjustment entry for the difference amount. Please advise for the same to pass an accounting entry.

MY CLIENT HAS INCOME FROM SALARY WINNING FORM ONLINE GAMES & STCG ON SALE OF MUTUAL FUNDS WHICH ITR FORM I WILL CHOOSE TO FILE MY CLIENT ITR FOR AY 2025-26

Sir,

I have little confusion for preparation of pnl ad b.sheet.

1) in pnl we have to mentioned in total Sell Value and total purchase Value ? Or we have yo shown directly profit or loss??
In some video opinion are different!!

2) Absolute Value of Realized profit only calculation for applicability of Tax Audit?? It is not effected in pnl right??

3) in b.sheet can we mentioned only bank balance, investment balance of only Value based on holding statements in demat account?? And capital assets ,if any?

Please guide me urgently
Thank

A charitable trust has started Diploma Course afflicted with Government University, which is vocational course whether trust is liable to pay GST on fees collected from students ?

Sir whom (seller or purchaser) can claim tds deducted u/s 194IA in case of residental urban property???????
regards
vikas

I HAVE MADE A MISTAKE IN GSTR 1, CAN I CORRECT IT IN GSTR 1A?

Hi All,

I have an issue where the I have to file ITR of the person who has died on 11th September 2025. Now my question is that since the person was alive for the Financial year 2024-25, so should the itr be filed as original person or should the same be filed as by the legal representative.

Regards,
Manik

Dear Experts,
Custom duty, social welfare surcharge, and stamp duty, paid at custom clearance of goods for furtherance supply.... be allowed as deduction in income tax.... can we book all three heads in debit side of profit & loss Account.

Pls suggest.....