My client has 15 cr as zero rated supply of services for the quarter Apr-Jun19 out of which 5 cr has been termed as time barred. His domestic supply if 6 cr and net ITC for the quarter is 40 lakhs. Refund sanctioning authority has sanctioned 10/16*30=18.75 lLakhs. That is, the zero rated TO has been reduced by time barred FIRCs (15-5=10)and the ITC also has been proportionately reduced by Time Barred FIRCs (40-10=30) and refund calculation done accordingly. Is it correct.

For the FY 2020-2021 ITC claimed in GSTR-3B Rs.3733460.00 but as per GSTR-2B it should be Rs.3438809.00. So, we have claimed ITC in excess 294651.00.
Please suggest me in QRMP system FY 2021-2022, how we should adjust the excess ITC claimed last year.

Respected Sir/Madam,

Greetings for the day. How are you All ?? Hope 'All are you Safe and All should be going Well at you End ??

I need more 'Clarity/Information' on:-

1) When a 'Sales and Purchase' Transactions take place and "Cr.Notes & a Debit Notes" is Involved:- Where does this 'Both get's Impacted / Affects as Well as Appears' in our "Books of Accounts" like:- 'in Trial Balance (or) P & L A/c (or) Balance Sheet' and 'What is the Treatment given against this '2' Notes............??

2) What will be the 'Effects / Treatment / Rules' in GST' Scenario ??

Can 'You Please throw Me more Lights (Clarity) on this recent Query.........' ??

Request to "Treat it as most Urgent and kindly give your Valuable Reply."

Be Safe and Take Care of You and Your Family.

May God bless Abundantly, be with All and have Mercy on All of Us.


Thanks and Regards
S.Sugadeesh Kumar

Sir
We are publication co. want to know if we print another out side news magazine ( Not. Regd.) or broucher etc from our printer on contract basis ( printer raised bill to us ) in this matter our company issued bill to another party what should be charge GST Rate and what is HSN Code ?


Thanks & Regards
Rajendra

dear sir, i am receiving income as brokerage.should i apply for gst no.and i have to pay gst ?also advice please is gst apply for payment of brokerage to person who has no. gst no.
with thanks

Sir,
A gst registered composite scheme dealer annual return gstr4 filed in f.y.19-20.dealer mistake sales turnover not reported table 6 negative liability show in gstr4 in f.y.20-21.
Question:
Dealer previous sales turnover added outward supplies setoff negative liability adjustment in gstr4 or gstr9a in f.y.20-21

My friend asked for validity of 80g in income tax act that the certificates issued after 2012 are no need renewals. it is correct or not. If correct can you give the notification no. please

I cleared my CA final in May 2019 and working as a Financial Analyst in MNC. I want to study further but don't have a clarity on what to do? Looking for a suggestion for career growth. Thanks in advance

Respected Sir/Madam,


Greetings.

I really 'Thank you Thank you Thank Both of You' for your 'Concern; Valuable Time; Effort ; Sharing your Reply.' How so Kind both of You.

I understand 'but' the things is 'Sorry'---> I need more 'Clarity/Clarification' on:-

1) When a 'Sales' Transaction is Involved:- What is Cr.Note & a Debit Note ?? :-

"In this Scenario---> Where does this 'Both Impacts / Affects / Appears' in our "Books of Accounts." Like:- 'In P & L A/c; Balance Sheet' and 'What is the Treatment given against this '2' Notes............?? Secondly:- What will be the 'Effect / Treatment' in GST' Part also ?

2) When a 'Purchases' is Involved:- What is a Cr.Note & Debit Note ??

"In this Scenario also---> Where does this 'Both Impacts / Affects / Appears' in our "Books of Accounts." Like:- 'In P & L A/c; Balance Sheet' and 'What is the Treatment given against this '2' Notes............?? Secondly:- What will be the 'Effect / Treatment' in GST' Part also ?

Can 'You Please throw More Clarity on my recent Query.........' ??

Request to "Treat it as most Urgent and I look forward for your Valuable Reply."

Be Safe and Take Care of You and Your Family Always.

May God bless Abundantly and have Mercy on All of Us.


Thanks and Regards
S.Sugadeesh Kumar

Dear Team,
I require assistance.
My wife has a 3 in one account (Savings with Demat and Trading) with bank which is opened in her maiden name and it has maiden name PAN Card details registered in bank as well as Demat.
Currently she is filing her incometax on her after marriage name with a new Pan card since last 4 years.
She made a mistake by making a new pan after marriage and did not cancel or changed the old pan card and name in bank and Demat account.

The bank account is disclosed in the tax filing under new Pan.

But now the problem is that I cannot fill the 15G form for avoiding the income tax to be deducted on dividend income because this maiden name Pan Card is not linked to aadhar card and also this Pan is invalid.
So how do I claim this tax deduction on dividend income and how do I proceed with the cancellation of this old Pan card.
Pls suggest
Regards
Zubin