Dear Sir/Madam, Please help me know how to get rid of if all B to B Sales invoices have been shown in B to Cs in GSTR-1 for the FY-2020-21.

Sir-s

I purchased a flat in 2000. sold it in 2016 . With the LTGC I bought another flat.

Now I want to sell this in (2001), I do not want to buy any flat. How will the proceeds will be accounted?
Thanking you sir.

vijayakumar

Goods Wrongly delivered by Bluedart to dealer of different state, against Invoice and Eway bill generated to customer of different state, now how to get back the goods.

How to generate Eway bill

I had cancelled my PTRC registration, becasue I had shut down my proprieorship, and hence cencelled my PTRC registration.

I have started a proprietorship again.
But now the option to re-register is not available on the dashboard, how do I re-register?

Sir, जैसा कि आप जानते ही है कि 1अप्रैल 2021 से e-invoice system शुरू हो चुका है, हम आपसे ये जानना चाहते है हमारी manufacturing Unit दिल्ली में है और Sale Depo U. P. में है, हम दिल्ली से U. P. में माल transfer करते हैं और U. P. से Sale करते है। दिल्ली से Transfer 50 करोड़ से कम है , और U. P. (डेपो) से Sale भी 50 करोड़ से कम है । लेकिन दोनों मिलकर 50 करोड़ से ज़्यादा है, जैसा कि Income Tax Portal पर भी show हो रहा है, मैं ये जानना चाहता हूँ कि क्या हमें e-invoice system अपनाना चाहिए या नही?? भविष्य में हमें GST या Income Tax में कोई दिक्कत तो नहीं होगी ??
Thank you- Ikramuddin Saifi

The criteria for the limit of ceiling for TCS of rs 50 lakh on sale consideration received,
we have to check for fy 21-22 also
or TCS should continue to collect from 1st day of April for the parties whose tcs was collected in fy 20-21.


Plz guide.

Dear Sir,
My relative is doing Trading business for branded furniture & has manufacturing hub for local manufacturing also. I have some query as follows:
1. From time to time business requires new machinery for capital expenditure purpose.No depreciation benefit allowable as per Tax Computation filed by the CA.
2.Business has CC & OD limit in Bank. Interest charged by the Bank is showing as expenses in books of account whether it is right or not?
3.Business also has Motor vehicles like Car & Two wheeler. If Business want to purchase through financier the above motor vehicle whether interest charged by the Bank will be booked in Business or not?
4. Now a days Govt has introduced new start company with maximum benefit in Tax etc. Please answer whether Proprietorship can go for avail this or not?
5. Whether Udyog Aadhar will be benefited to business if I will apply for this & what are the benefits.
6. Also give me comparison chart between Proprietorship Business Vs LLP/OPC with merit & demerit with less paper work.

Also let me know whether propertioship firm can introduced capital from time to time for business expansion of his own source / relative / friend etc. What is the capping for this, Is there any condition or limitation linked with Turnover etc.

What is the drawing limit for the proprietorship firm with capping if any.Can proprietorship firm use business money towards Tax Savings purpose & other purpose.

We use to deduct TDS on payment made to a transporter which is a company. Transporter co. has various branches in india, one of our employee paid bilty amount without deducting TDS on it. Now the query is that the bilty is on the name of company and full amount without deduction of TDS has been paid by the employee related to november 20 month. Now he is claiming reimbursement of expenses he made.
please suggest TDS liability to us as we are also a limited company.

Sir
I want to know whether I can file revised return after 31.3.21 for AY 20-21. There is change in other sources income... My client received a enquiry under Ecompaign . He tried to file on 31.3.21 but site crashed.
Pl guide
Regards

SIR/MAM -

We are the Partnership firm, having the turn over below Rs.1 Cr., and had commenced our business in 2020-21.

We are hiring our 7 trucks to GTA Pvt Ltd Company.
Can we file ITR u/s 44 AD ?

If yes? Can show the profit as 6 % on receipts and payments?

Plz guide us
Thanks in adv