As you know that currently we have to produce confirmation ledger by uploading template on Mahagst site. we have done upto F Y 2015-16.but we are facing issues to generate confirmation ledger from F.Y.2016-17 onwards. please guide us whether it is still available for this year also or not. and what is other remedy

As per Notfn. 25/2002 Customs, concessional rate of duty is available on imported inputs used in the manufacture of specified finished goods. XYZ is importing Input “A” which is used to manufacture Intermediate Goods “B” and “B” in turn is used to manufacture the finished goods “C”. Now customs department is denying the concessional rate on ‘A’ since the same is not directly used for “C”. Any defence possible?

Dear Sir / Madam,

I have filled a return for FY 2016-17 & Assessing Officer had issued three notices u/s 139(9) but I couldn't response any notices so far and officer has 143(1)/154 and ITR processing completed.

Now, I wish to response U/S 139 (9) but there is no link available under tab "e-file---->Response to Notice U/s 139(9)". Therefore, you are requested to please advice me how to rectified our defective return.

Also, Can I file rectification request for said FY 2016-17?

Regards

Shoeb

Mr. A HAVE REGISTERED DEALER UNDER REGULAR SCHEME UP TO 24THMAR 2019.
AFTER Mr A AMENDMENT TO 25H MAR 2019 REGULAR SCHEME TO COMPOSITION SCHEME.
AR NUMER GENTERET AND APPROVED AS ON 29TH MAR 2019.\
NOW TILL THE DATE NO CHANGE IN DASHBOARD REGULAR SCHEME TO COMPOSITION SCHEME.
MY QUERY IS
1) MR A ISSUED INVOICE WITHOUT GST FROM APR 2019.
2) TOTAL TURNOVER RS.12 LACK FOR THE YEAR 2018-19
3) NO STOCK AS ON MAR 19.
4) ONLY 5% ITEM AND EXEMPTED ITEM

THANKS TO ALL

a pvt ltd co. engaged in engineering contract business and works on various manufacturing plants at various locations or city now my question is whether co. is eligible to claim itc on canteen bill raised by canteen where co's worker avail facilities of tea and refreshment at site.
company does not recover any money from worker in the name of canteen expenses.

July 17 GSTR 1 Return was submitted and filed
However invoices were not uploaded and only data in Table No 12 - HSN wise summary of outward supplies was uploaded

Can I now upload the invoices and what is the procedure ?

Dividend distribution tax paid for the AY 18-19 to be paid as mentioned tariff

Tax -15%
Surcharge- 12%
Cess- 3%

But it is declared in the AY 19-20 and the same is paid on 29.05.2018, we have remitted 15%+12%+3%, but the tariff is amended on June'18 w.e.f from 01.04.2018 as 15%+12%+4% whether it is applicable for the payment made for the AY18-19 also. pls clarify

Sir i bought a piece of plot for 722300 eight years back and spent about 700000 for the building which is under constructed due to promoter problem.i recently sold the plot along with under constructed building for total sale consideration of 2800000.But the buyer registered it only as a plot by paying 1400000 as stamp duty.Balance 1400000 he gave it to me as cheque but not mentioned in registration.I used the entire proceeds to buy a new property.My problem is while filing it in ITR FORM2 under long term gains can i mention full sale proceeds as 2800000 which is more than registered value of 1400000 or i can only claim 1400000 as sale proceeds which is mentioned in document and balance as income from other sources and pay 30 percent tax on it.Kindly help me.

Mr A is doing trading business of non durable goods (ie. Garlic). He had deposited old currency of Rs. 32 lacs in his business account (current account) during the demonetization period. everyone well known demonetization implemented suddenly as per announcement by PM on evening dated 08.11.2016. Mr. A could not hold his stock till new currency come in market because his stock is non durable goods (garlic) gone to in wastage form and creditors increase. Mr A suffer huge loss they may be lost his business, goodwill, credit and all things. So Mr. A sold all his stock in old currency and deposit these old currency in his business account. As per IT Department Mr. A could not sale in old currency during demonetization. IT Department is considering said amount Rs. 32 lacs as income and computing tax on this amount under scrutiny u/s 143(3).
I am expecting from experts to give any reference or notification regarding above case to convince ITD to not consider Rs 32 lacs in computation of demand/Tax liability.
Thanks & Regard

Hi experts ...
I am going to give me 6th attempt of CA final ..I haven’t started studies full fledgedly yet for the exam due to office ..but I am very scared if it is possible or not to clear CA final both groups in 1.5 months..I have basic knowledge of the subjects..I need guidance should I go for both the groups or not ? If yes then please provide the motivation to achieve the target