As our Accounts were Audited and finalised We were to file our ITR and Tax Audit Report on 28/09/2019 and Our CA will be generating UDIN for the same but
on 27/09/2019 we came to know the extension of Date to 31st of Oct 2019 and our Managing Director (A Construction Pvt. Ltd. Co) recalculated the stock and asked our CA to change the Closing Stock/WIP figures and Net Profit. (Genuine One)
But our CA refused and told us that he has already generated UDIN and can not change the figures and will file as per earlier audited accounts.

Queries

1) Is he correct or is there any solution for our right to change the figure which are genuine in nature.

2) Can an assessee lost his right of revised ITR after UDIN made mandatory by ICAI ?

I wrongly Paid Output liability in IGST tax head instead of CGST AND SGST in GSTR-1 AND 3B, so how can I adjust that excess paid liability if I don't have IGST sale from Last 8 months ......thnx it will helpful for me if you provide notification detail in reference of your answer

Dear Sir/Mam,
I am the son of my father . My father purchased a property in november , 2006 and then gifted to me in november , 2016 by transfer deed of the property and recently in september , 2018 i sold this property .
My questions are below :
1) who can taken the money of that property my father or I ?
2) If i then under which section of income tax i recieve that money ?

I got a notice under section 142(1) of income tax act for FY 2016+17, they which they wanted to know details sources of income against cash deposit in bank....but the problem is I use to run a small fruits shop and don't maintain any accounts.
So how should I reply.

Trust registered under section 12A paying rent to trustee & salary to wife of trustee whether we need to report the same in form 10B ?? if yes where ??

We generally dont accept any expenditure in cash if it exceeds 10,000 my doubt is there is something called credit card sales, where goods are sold to customer by accepting their credit cards , upto receipt of cash its an expenditure for us , so my doubt is is this expenditure comes under net of this section 40A(3) please clarify!!!

I got sum of RS.8300000/- from land acquisition by govt. I did the FD in nationalised bank. Bank is denying to accept 15g.. Please guide us

I have a travel company audit, the company does not have any inventory nor any fixed assets , would like to know whether the financial statement require disclosure of inventory and property plant and equipment.

Have read that disclosure is required only of the accounting policies used in the preparation of financial statement

Please guide me

Dear Experts,

Individual have GST registered Person and he is also partner of Partnership Firm.

He is Business Income and also Remuneration from the Partnership Firm at the end of FY.

Now my question is does he is liable to pay GST on Remuneration ?

Thanks & Regards

There was a long drawn dispute with respect to the getting possession of structure build on the land own by a landlord. Landlord claiming the possession whereas tenant asking compensation for the vacating the same. Out of court settlement arrived at and the compensation paid by Landlord to tenant.
Question is Compensation paid to be treated as Capital Expenditure or Revenue Expenditure in Books of Landlord?