i have recently done some civil work for a construction company and for them to process my retention amount they have asked me to submit a Letter of undertaking on Rs 100 stamp paper.
My question is:
- Who will be the 1st party and 2nd party in this case?
- Should i print the letter of undertaking on the stamp paper or can i attach a copy of the letter and mention in the estamp that it is for LOU?

what is the procedure to avail input tax credit-IGST in case of import purchase

Late fee capped at Rs. 500/- for each GSTR-3B Return
In a major relief to the GST taxpayers. the government has decided to cap the maximum late fee for Form GSTR-3B at Rs. 500/- (five hundred only) per return for the tax period July 2017 to July 2020 subject to the condition that such GSTR-3B returns being filed before 30th September 2020.

BUT MY QUERY IS THAT IF GSTR3B IS STILL NOT FILED THEN WHAT WILL BE THE MAXIMUM PENALTY FOR FILLING GSTR3B FOR OLD RETURNS .

ITC as per 3B is Rs.100000 ITC as per 2A is 120000. difference is of rs 20000. Reason being Rs.30000 we have not taken in 3B and Rs.10000 not reflected in 2A.
Auditors' asking for payment of Rs.10000..is it justified?
As overall ITC in 2A is more than ITC in 3B even than payment required?
If yes then as per Rule 36(4) too we are falling within 10% limit that was prevailing last year

AS PER NEW RULES WHETHER THE VOLUNTARY CONTRIBUTION TO PF IS TAXABLE OR NOT?

I am a director of a company, I am planning to purchase Iphone Pro 12, which costs 125k, If invoice is made on company, can Company avail input credit on this mobile phone purchase?

Is there any online app for CA CPT exam preparation?

Students can buy classes for CA Final, CS Executive, CS Professional, CMA Final Lectures of Best Faculties will be listed in this app. Demo of all the classes will be available to student.

Sir
while preparing GSTR-1 for the month Jan 20 ,we are come under quarterly. we unable to record B2C transaction ,only B2B Can uploaded . One more thing we are unable to submit and file the return . That option is not available for us.
Please advise in this case.

Hello Sir. I have submitted form 112 but it has approved by RO but send back for correction by RO for external id proof of university. I have edited the form again and submit also. And i have uploaded that form 112 which was submitted at the time of articleship registration . And now the other engagement status is showing submit and also showing the date on which that form had resubmit i.e. 15 feb. 2021 But now i have query i have uploaded my documents for correction and submit the same signed form 112 which i was submit at the time of articleship registration but still action is showing that generate the pdf 112 form then sign and scan then, edit the form and submit. But i am confused .. i have already submit the form 112 which i submit at the time of articleship so why it is showing action like that and if form 112 will signed again then , on which date it will sign today's date or at the articleship date? And 112 form filled at articleship registration date i.e. 1 october 2019. So why is it showing for resubmit.