Hey!! I want to know that how to show depreciation disallowed u/s 38(2) in IT return, as, in IT return, I found no such option even depreciation is auto computable means we cannot just put the correct amount of depreciation there also. So, will anybody guide me on the same. Thanks

SIR
MY CLIENT WAS TAKEN GSTIN ON 10/07/2017 AND NO ONE SALE AND PURCHASE (ZERO)DURING JUL-17,AUG-17,SEP-17 BECAUSE HE IS ILL DEEPLY ,AND NOT GIVING ME INFORMATION FOR ABOVE .WHEN I AM TRYING FILING OF THOSE PERIOD JUL-17 3B FILED SUCSESSFULLY BUT AUG-17B SHOWING 6200 RS LATE
FEE. HOW FILE THAT OR BEST SUGGESTION FOR ME, WHERE MEDICAL CERTIFICATE IS AVAILABLE

Three individuals want to develop and sell their ancestral land. They formed a partnership firm and transferred their land to the firm. After incurring development expenses they sell the land. The firm pays the taxes on the profits earned. Are the partners exempt from the capital gains on the land transferred to the firm? Is the firm liable to pay capital gains tax or should it treat the profits as income from business? Can ths ecperts explain the provisions of income tax in this issue?

dear sir/madam
my registration effect form 29.08.2017, but my business day is started on sep 1 st 2017, i am not file august 3b . but late fee will be applicable . how to wave is late payment . plz advice me as soon as possible.

I have sent my 109 form 1.5 months back .Till now I have not got any letter regarding this nor is it updated in the ICAI server.Can you suggest what to do on this ?please help

Sir
I provide service of renting immovable property to bank. My turnover is 15lakh and in pre-gst period I was registered under service tax.

I migrated and taken provisional registration in GST, but as turnover limit in GST is 20 lakh for registration, now I want to surrender my GST Reg.No.

Whats the procedure to surrender the no. and where to get form GST-REG-16?

Dear Experts,

Should we deposit GST under RCM u/s 9(4) in the m/o Sep-2017 also.

One more query is that we are depositing IGST today by 2 days late. So in which
head we have to deposit these 2 days interest i.e. in IGST or CGST & SGST.

Please advise.

Rakesh Sharma

I am trying to submit GSTR1 for August and also for September but there is "Counterparty Error" for both. In news I am reading that all are filing GSTR3B but I am stuck at GSTR1. Please help me to understand the entire process.

Mr. A, On 01/01/2018 started his business by opening a shop employing 3 employees. On the incremental demands of shop he added 10 new employees on 01/06/2023. On 01/09/2023 one of the employee employed on 01/01/2018 leaves the shop. Will this employee get gratuity or not? And from which date payment of gratuity act 1972 is applicable for above shop?

I can't file GSTR 3B for August, because of error showing "cash ledger not having sufficient balance to set off" even if cash ledger sufficient balance to set off the penalty and input tax credit. For this reason I'm also not able to file GSTR 3B for the month of September And my penalty goes up everyday What can I do. Please suggest me.