Hi,

What is last date for filing revised return for FY 2019-20 AY 2020-21

Goods purchased GST Rate is 18% but Goods sold GST rate is 12% , can i claim GST Input at 18% or will may arise any problem to claim GST Input.

If society makes deposits in co operative bank then interest income is claimed as deduction us 80P(2)(d); but as per section 80P(2)(d) if deposit made in co operative society then only deduction available.
Whether co opearative bank is considered as society for section 80P ???

Sir,
One of the professional income it returns filed person
1.claim depreciation

value rs:10 lacs amount net loss show in books.
2.fees collections from patients some amount through on
online bank mode(hdfc and axis bank) Google pay and phone pay and paytam modes and balance amount cash mode received.

Question:
1.assessee net income loss show or fees income increased in it returns in f.y.21-22
2.fees collections from patients different types cash and digital modes accounting entry passed procedure and create ledger name .

Sir,

Why a bank can insist and under which rules ask to submit Form 15AC /15CB when I need to send funds from my NRO a/c to my own overseas a/c.
It is clear that in above case section 195(6) of ITax read with rules 37BB is not applicable , as remitter and receiver is same individual, and there is no one else there. Even structure of these forms conveys that it is to be filled by remitter while transferring funds to another( person ) NRI.

How to deal with such case. Pls guide on this issue.

Freelancer is provided translation services to our client and freelancer Is not registered under gst portal. in such case also our client is liable to do pay GST under RCM?

HELLO SIR,
This is my query regarding input tax credit on gym machinery and other items. We are running a fitness club or Gym. We have taken tax invoice GST paid on machinery and other items and we have taken GST number regular scheme. GST return filing monthly basis.

Dear Sir,

Some goods defective due to godwon roof fall down can we face any issue from IT/GST department if we can sale to low price

I'm a trader and I have to transfer big amount from my broking account to savings account and now with increasing earning the amount is getting bigger.

So I have "10 lacs" fund and I need it that full amount for 2 days only so transfer it from my savings account to my broking account and other 5 days of week I don't need it so want to transfer back to savings account to earn intrest on that sum.


So basically I have to move it from my "one income source" to "second income source" Evey week.

10 lac ×52 week = 5.20 crores transection would be yearly in my accounts.


So "what should I do to avoid income tax department notice or any doubts on me?"

As I'm doing it only in my account (or sometime my family members account) and it's my only income source.

Should I clarify them in advance and how?

Or what should I change to look it 100% legit

Or it is okay and legally correct what I'm doing?

Capital account of proprietorship firm and Partnership firm can be in negative.