Sir;
Last date for payment of tax under VSV scheme was 31st oct 21??? Or it is extended??? Can we make the payment now & file Form 4 ????

Due to non submission of information of outward supplies in Table 6 of GSTR 4 for FY.2020-21, we had negative liability. But we have not utilised the negative liability but discharged the tax through DRC-03 on quarterly basis. Since, we have filed the return ever quarter, the negative liability is automatically adjusted and the same is reappearing as negative cash in the e-cash ledger when GSTR 4 for the year 2021-22 is uploaded. Kindly provide any solution to this please.

A car purchase and resale to emplyee at the time of his retirement at cost below its book value as per the Balance sheet after giving effect to holding period deprectiation.
So whether GST has to be charge on the sale value on not ?
As the sale value is lower than its current book value
E.g purchase cost 50lakh
Deprecition 20lakh
Book value 30lakh
Resale value 28lakh

Sir gramin area ka trade licence kaise bane ga or kaha se banega apply kaha karna hai

Sir my mother filing itr-1 for last 2years showing nil return as her only fd and sb intt much lower than basic exemption limit.She has got "widow bhata(Bidhoba bhata)" from wb govt as social security scheme(rs 1000/month×12=12000/-).Sir how to show it in itr-1?Is it to be shown as 'income from other source' or as'pension income'in salary/pension head in its?Please help sir.

Sir, what are the procedure to file Form C (withdrawal) and Form G (Closed) of closing of Capital Gain Deposit with Bank. Actually, we make application to Bank Officer or Assessing Officer?

PLZ HELP ME

Dear experts, i have mistakenly entered GSTIN of another client in GSTR1 of Q2 of FY 2021-22 now i want to correct it but there is showing no option of edit or amendments in GSTR1 return of Q4?
Kindly guide me so that i can correct wrong GSTIN of GSTR1 of Q2.

Thanks in advance..

Sir,

One of my friend is running a Partnership firm. He and another person were the partners.
Now, that another person is retiring from the partnership and a new person is entering the
partnership to join hands with my friend. The exclusion and inclusion of partners comes into
effect from 01.04.2022.
Can he make a single deed combining the outgoing partner and the incoming partner or a separate deed has to be made for each ?
How should we communicate the change in the partnership to the income tax department ?

Pls. advice.

I have received the following mail from Department

Dear Taxpayer,

It has been noticed that while filing GSTR-4 of the FY 2019-20, you have inadvertently either

not filled up table 6 of the said return, or
filled up zero values therein,
even though you have paid the liabilities for the year through Form GST CMP-08s filed on quarterly basis. Therefore, to nullify the undue credit, the excess amount credited to negative liability statement has to be debited. In case where the amount so credited in negative liability statement, has been utilised; the recovery of amount so utilised is being done by debiting the amount in cash ledger. If sufficient balance is not available in cash ledger, the negative balance in cash ledger shall be adjusted out of the amount deposited through challan.

You are, therefore, requested to:

Deposit the amount equal to the negative balance in cash ledger urgently, in case there is a negative balance.
In case you have already paid the amount, now being debited in cash ledger or negative liability statement by including the same in any return/statement, the same can be claimed as refund by filing refund application in Form GST RFD-01.
Inconvenience caused is regretted.


At present my GST account shows negative cash ledger balance of -5207 and -5207 with CGST & SGST respectively.

Earlier during the first quarter of FY 2021-22 it showed 5207, 5207 in electronic cash ledger. So when i filed my CMP-08 for that quarter, I added 5207 along with the due tax amount

For Example my sale was for 1,00,000 , In tax section I file 500+5207 = 5707 as cGST and 5707 as SGST.

Please help what to do now as it is now asking for 5207+5207 = 10414

I have not filed my annual return for 2021-22 yet, and i am a composition dealer

Thank You