Hello,
I received the demand notice for AY2020-21 in Nov 2021,
I tried several times to file RECTIFICATION but I was getting 
ERROR: ITD-EXEC2003.
Can I file the revised return or belated return now.
Appreciate your kind response.
Rgds,
Anushka

1: Which Dollar to Rs conversation rate is to be considered while calculating Capital gain on selling of RSU of American company if Vestng Date is 6 June-22 & selling date is Nov-22 for calculating a) Acquisition Price & b) Selling price for computing CG?
2: Whether CC schedule will be populated automatically if we make entries in FA & FSI regarding Capital gain?
3: if not populated automatically then how & where to enter STCG & LTCG on foreign RSU?

Dear Friends,

I need your assistance, I need a solution for the below question that I have?


Purchases for the amount of EUR 12,000 were bought from one supplier in France and the invoice is payable within 60 days in Euros. the invoice was received and recorded in the company's accounts on May 31st, 2006 the exchange rate of Euros to US$ was 1 Euro=1.30 US$ and 1 Euro= 1.25 US$ on May 31st,2006 and June 30th, 2006 respectively.

Please prepare the required journal entries on May 31st and June 30th assuming that the company maintains its Accounting in U.S. dollars and closes its accounts on a quarterly basis.

i taken residency of other country and opened company and personal bank account. opening business account also. i will not stay in india to be nri. someone say if i open a company in foreign it is require by rbi to transfer capital for company from india. that is real? i have to or not? the country i opened company do not say to transfer capital no rule. so why india rule for foreign company? help please

Hello,

My name on all professional documents is changed after marriage but can use my maiden surname and current surname as a style of writing name my CA visiting card.

Regards
Priyanka

Hi team

I have entered wrong turnover in GSTR 1 in March quarterly gstr 1 return

How to i rectify now, it is showing shortfall of 2.16 lakhs

Please advise me on this

Thanks
Ravi

Mr.A received notice u/s 148 for the assessment year 2013-14 as on notice dated 31.03.2021 but the notice was digitally signed on 15/04/2021 .

As per the latest judgment of H'nble Supreme court state that reassessment notices issued under old law shall be deemed to be notices issued under new law.

Here sec 149 state that
As per substituted section 149, no notice shall be issued for the relevant assessment year if: (a) 3 years have elapsed from the end of the relevant assessment year, unless the case falls under clause (b) below

(b) If 3 years, but not more than 10 years, have elapsed from the end of the relevant assessment year unless the Assessing Officer has in his possession books of account or other documents or evidence which reveal that the income chargeable to tax, represented in the form of asset, which has escaped assessment amounts to or is likely to amount to INR 50 Lakhs or more for that year.

This limit of 50 lakhs apply to old notices also or not ?

Can I take the advantage of 18% GST that I've paid, if my private limited firm is sponsoring the course for me?

how to present Debit note and credit note in GSTR-3B.

Dear Sir,
We are a manufacturing Company having taxable turnover of less than 20 crore in previous financial year (F.Y. 2021-22). One of our customer have raised a debit note in the month of sep 2021 and does not shown that Debit Note in GST and now he is giving that debit note and want to raise credit note on 31st march 2022. What to do next as we have already filed GST return for March 2022