There are 6 partners (Mom - Dad - 4 Children) (20%-20%-(15*4)%). Dad died and profit-sharing ratios now will be (Mom - 4Children) (20% - (20*4)%). i.e, 20% each. What will be the treatment of the capital of Dad if it is inherited to all the 4 children equally? And what will be the points in the highlight in amended partnership deed?

GTA unregistered = UP
Supplier of goods registered = MP
Recepient of goods registered = UP
Freight paid = supplier
RCM applies.
IGST OR CGST & SGST Applicable?

Tax free goods sold by Composition Dealer and under GSTR-4 Turnover Nill Show for FY 2018-19. Now under FY 2019-20 GSTR-4 Previous year Turnover want by GST Department. What is my turnover for FY 2018-19 Nill or Exampled goods sold valur.

A old car used is exchanged for new one. Old car was sold for Rs,305000 and New car is purchased for 1700000.
Whether GST invoice is to be prepared for exchange of old car?
whether GST is to be levied on old car exchanged??

I.t.assess cash loan to debtor outstanding balance Rs:30,00,000/- as per books.
each rs: 1,50,000/-*20 different dates total rs:30,00,000/- through on cash mode received.
Doubt:
Assess above transaction violation of sec 269 St under I.t. act.

CMP-8 filed for 1st Qtr Only and after than GST Number cancelled as on 30/06/2019. my question is ;- Annual return GSTR-4 mandatory to file or not.

Respected Sirs,

What is the tax audit limit for the Ay 20-21 & for the Ay 21-22 ?

tks in advance

Annual Return for GSTR-4 Saying under Table 6th that "Tax rate wise details of outward supplies / inward supplies attracting reverse charge during the year" . My question is : is it only RCM Details on Inward/ Outward Supplies or We should submit other also.
Thanks

Hello Professional,
I have received one big problem one client filed GSTR-3B And GSTR-1 Wrong for the FY 2017-2018 and also 2018-2019,
It is possible to correct old date and upload missing invoice in FY 2020-2021.
Please advise

Regards
M.Yaseen

How much maximum gift money i can received from father who is not not taxable?