Dear Experts,

01.We have declared the liability at the timing of GSTR1.For Example Rs 10000.00
02.After reviewing the GSTR 2B, we have adjusted the availed ITC against the declared liability.Ex : ITC availed as per GSTR Rs 3000.00
03.We have discharged the balance liability during GSTR 3B filing.Ex We have paid Rs 7000.00
04.Queriy:
a.If the ITC availed + Tax paid are less than the Liability, we will be getting the information through DRC-01A.
b. Is it possible to file GSTR 3B in such scenarios.ie ITC availed + Tax paid are less than the Liability.
05.Please clarify the situations with examples in which the tax payer will be getting informed through DRC-01.

1) My Father expired on 26.3.2022.
2) As per process I have filed his last return and claimed TDS refund in his PAN as legal heir.
3) Since it was near end of financial year, TDS was deducted by banks on interest income of FDs till the time they were closed during next financial year.
4) My query is how to claim TDS deducted in his PAN in my ITR (will it be allowed?)
or
I can still file an ITR in his PAN and claim the TDS.

5) Kindly guide. I hope the query is clear.

Can company claim itc on company events for business promotion purpose, there is room rent bill + food bill + event hall rent etc. also please tell itc eligible on same state or outside the state.

Hi Experts,

I have situation regarding home loan which was take by of my client and unfortunately she died :(.

Now her legal heir, her husband agreed to pay the EMI to the bank and continue to pay the same.

Now my query is will he able to claim housing loan interest as he is the paying the EMI on monthly

WE ARE UNABLE TO UPLOAD SFT 16 (INTEREST INCOME) ON PORTAL
https://report.insight.gov.in/reporting-webapp/portal/homePage

PLEASE HELP

working in an industry since 2011 and now got offer in Nexdigm ...consulting organisation...
Should join or not? My query is it is like a CA firm although formed a corporate but a consulting organisation then if i join this organisation in future can i never come back in industry?

What is the treatment of trade receivable related to previous year confirmed not to be collected in current year i.e, bad debt as per Ind AS.? No provision is made in previous year for bad debt.
Weather it should be recognized as bad debt in current year profit and loss account or should prior period financial should be restated (reduce income of comparative year)?

i have one clinet and his trading account (IT IS 44AD IT RETRUN AND IT IS MANUALLY EXCEL TRADING ACCOUNT)

PARTICULAR AMT PARTICULAR AMT
OP BAL 2,85,200 SALES 8,45,860
MATERIAL PURCHASE 4,20,360
GROSS PROFIT 4,90,900 CLOSING STOCK 3,50,600
TOTAL 11,96,460 TOTAL 11,96,460

MY QUESTION IS HOW TO REDUCE CLOSING STOCK AND WHICH ENTRY MADE DR OR CR SIDE

OTHERWISE EVERY YEAR CLOSING STOCK INCREASE

today I tried to submit itr 3. It showed " Validation successful", no errors found" . But when I try to press ' proceed to verification' button , then the below message is coming:

#/ITR/ITR3/TradingAccount/OtherIncDtls/0: required key [NatureOfIncome] not found];#;Please contact the developer of your utility with the error key

Kindly suggest me in this regard.

My TDS was deducted every month. But in ITR interest is charged u/s 234B & 234C for non payment of advance tax. How can I resolve this?