Dear Sir / Madam,

In aug-2020 exports have been made with IGST by us from JNPT, but by oversight in GSTR-1 shown it as letter of undertaking, during month of Sept-2020 error has been rectified through table 6A and the system also accepted but till today we could not get the refund of IGST. We enquired at ICEGATE, book the ticket but they are telling us that first scroll have to generate from customs and only than after refund can be release. contact made at JNPT over call and mail but could not get the result. Please guide us what we have to do for the IGST refund.
Thanks

A Ltd is located in an IFSC and has distributed dividend. What & in which section would be tax implications in the hands of shareholders. Solve my query please.

Suppose iam having propitorship business and cash sale of 1lakh rupee per day so monthly 30 lakhs.. i deposit 29 lakhs in current acnt of bank and take 1 lakhs rs cash to home for expenses monthly and show that drwaings in accounts
So taking 1 lakh out of business for personal use in cash would amount to violation of sec269st where above 2 lakhs we cant tak cash on an event.. so here i am taking 12 lakhs in a year cash.. so would i lialble for penalty here same as in cash of partnership firm sec 269st applicBle on profit withdrawl in cash

Dear Experts, Capital subsidy has been received (2017-2018) by a firm. To purchase the (Embroidery Machinery)asset the firm has taken term loan from a bank. Now the bank has received the capital subsidy Which bank is showing in the Subsidiary Loan Saving Account, there is no change in the O / S terms also, how to do it in the entry book?
Is this entry correct for me?

Term loan A/c Dr. 700000
To Subsuidy A/c. 700000

Mr. A is a CA holding certificate of practice, is also holds directorship (by virtue of being a minority shareholder) in a private company (Company X). He appoints his junior Mr. B, who has passed CA and holding a separate certificate of practice, as an auditor in the Company of holding directorship. All the finalization of books, closing entries, preparation of financial statements has been made by Mr. A and Mr. B puts his seal and signature on the Financial statement without verifying the authenticity of the financial statement and without the approval of the board. The other Board member of X company not informed of the signed financial statements and later efforts are made to convince the signed financial statements. There are many irregularities that have been observed in the preparation of financial statements like lack of carrying out inter-company reconciliations, failure to get the bank confirmations, adjustment is made to related party books with the approval of the board, etc.
Now, the Majority shareholder wants to have a legal remedy for the above problem. Whether the above members (A & B) can be punished for the above wrongdoing.

Our assessee is having income from House property and income from other source, He has a habit of preparing balance sheet and capital account at the end of the year at the year ending 31 March 2016 he had shown a Cash in hand in his books of account at Rs 13.5 lacs which he deposited in bank account during demonitization period.AO made addition U/s 69A as regarding Cash as Manipulated. I want to ask

1. Is assesseee having income from house property and other source required to maintain books of accounts as contemplated U/s 69A .
2. Can AO consider the cash in hand in balance sheet as manipulated.
Kindly quote any case law if possible.

A dealer sbi personal netbanking used gst tax some amount challan paid.but challan amount bank account debited challan amount not show in Cash ledger in gst portal(pending message)
Question:
Dealer how to rectify challan problem

My father (85 years old ) has sold land in 2021 which was acquired in 2003. He has three children. He is not interested in investing in any property in his own name. He wants to give sale proceeds to children equally. If children invests same in construction of their own house/buy a flat or land in their own name as per timelines, will this be allowed under capital gain tax. Kindly clarify.
If above is not possible, what is best way of investing sale proceeds. Kindly suggest.
Thanks

Sir,
Dealer maintained a private hospital include sales of medicines(medical store)
Dealer itc credit claim (medicines purchases ) on in patients sales turnover or out patient turnover or total hospital collection turnover gst out put itc applicable in gst act.

I have one client who got some of mony from her brother for relinquish of rights (by virtue of registered relinquish of rights deed) in ansestral property that is agricultural land situated in municipal jurisdiction. Now assessing officer is adding this amount for capital gain. Will it be attract capital gain.please suggest me. And is there any case law for the same