Sir,
We have select option for composition scheme for FY 20-21 dt 23-06-2020 in fy 19-20 there is some stock in hand .Now i have two Question Please give the solution.

1. can we required to filed ITC -03 ? or if there is no stock than we required to filed nill ITC -03 ?

2. as per my knowledge ITC -03 filed with in 180 of after filling CMP-02 so as per that last date is 20-12-2020. so can we filed ITC -03 today is there any late fee interest on that ?
Kindly Guide ASAP

Sir,
It Assess money gift to wife Rs:50 lacs through on bank mode .wife gift money used for property purchase .if wife purchases property after 1 year sale .
Question:
1.capital gains tax clubbing for wife or husband incomes.
2. sales of old property after purchases of new another property name is wife or husband it benefits.

In case of Local transportation of goods i.e. cartage for incoming material and outgoing material, amount less than 750/- and more than 750/- , by auto or goods carrying motor vehicle not a GTA, IS GST applicable ? If applicable Who is Liable to PAY and at what RATE ? RCM or regular ?

The taxpayer has GST registration in the state of Assam. He is a contractor. He got a contract in the state of Manipur for repairing of office building. My question is does he has to take a new registration in the state of Manipur or he can continue with his current GST registration which is in the state of Assam ?

Please suggest and many thanks....

Hi All
Whether Interest and penalty amounts paid Under MVAT get reflected seperately in challan ?

Thanks in advance

Sir,
Attention xxxxxxxxxx your pan has been flagged for not filing of itr for a.y.20-21 . please file your itr or submit online response under e-campaign tab on compliance portal (cp) access cp by logging into e-filing portal (my account)-itd mobile sms received.
Question:
Assess itr filed or respond reply

Dear Sir,

In FY 2017-18 to FY 2019-20 the Sales Turnover is 48 Lacs P.A. approximately in Partnership Firm.
There is no tax audit as per Income Tax U / S 44AB, as turnover does not exceed 1 crore.
We are paying Rent to other for using of Gala Unit & paying monthly rent Rs.50000/ -without TDS deduction. My query is If there is no tax audit, then TDS is applicable on rent?

Please give your advice in the above.

Thanks
N.K.

Sir,
Sec 44ab audit it return filed person running a private hospital.some reconstruction expenses for hospital details mentioned below in f.y 20-21.
1.some reconstruction expenses Rs:8 lacs payment through on cash mode(Rs:10,000/- limit above per day)
2.somr reconstruction Rs:9 lacs payment through on bank mode.
Question:
Assess reconstruction expenses value rs:9 lacs or Rs:17 lacs show in books, balance sheet and transfer to hospital construction account in f.y.20-21.

Please share the list o HSN and SAC with complete digits. As per new requirements one has to specify 6 digits HSN/SAC for entities with turnover above 5cr. But on CBIC portal at Tax rate/ tarrif chart there are only 4 digits specified. Please share the list with complete digits.

Thanks you.

Hello,
I am doing my articleship in vadodara. I have worked almost 60 Hrs in week for 30+ weeks till date i have joined.
I have joined articleship in July,2019 and as per me I have credit of 3-4 months due to excess work during the article tenure.
Can I join Industrial Training from 1/4/21 assuming my 2 year completed.
My principle ready to allow me to take this credit period.
Please anyone help me.
Karan Agrawal
kdagrawal007@gmail.com