If any firm received machinery interest subsidy more than Loan interest for the financial year than how we can show in P&L account.
E.G. A firm received Interest Subsidy Rs. 75000 ( 50000 + 25000). and Loan interest for the year Rs.50000.
Please help me.
Interest subsidy is taxable? How can show in P&L account.

what comes under ITC Reversed (a) As per Rule 42 & 43 of CGST/SGST rules (b) Others in GSTR 3B?

Dear sir/madam,
Our company is in manufacturing of certain products( other than paper). now the management wants to additionally trade in paper products which is not there in our MOA. Any ways we can amend our MOA. but while registering for GST, we have already given top 5 goods, we are dealing with. As GST allows only 5 HSN codes, is it enough if we change our MOA and trade in new products? or if we have to inform GST officer, how can we inform him?

One person running medical stores regular scheme under gst.
Closing stock as on 31.03.2019 4 lacs
Itc 12064.
Chane producure of regular to composite.

Sir/madam,
if assessee deposit the LIC premium as on 29-03-2019 entire amount which relates to two financial years (1) F.Y 2017-18 and (2) F.Y 2018-19 because LIC policy premium pending from last two years .... so my ques Is assessee revised the A.Y 2018-19 ITR to claim LIC premium u/s 80C??

Respected Sir/Madam
What if Income Tax return of Deceased assesse is filed from his own e-file Login Account without appointing legal heir ?

What should be the proper accounting head for DSC purchase? I have put is as General Expenses.

GST Council has waived Late Fee for Jul 17 to Feb 19 Returns as per Notification 72/2018 dated 31.12.2018 for migrated case. But while filling Return for Oct 18 onwards GST Portal is levying Late Fee as Due Date is not updated to 31.03.2019. Now how to file Returns from Oct 18 to Feb 19. Further is late fee will refunded back once it is paid and set off. Please guide me at the earliest as last date is 31.03.2019

WHAT WILL HAPPEN IF DUE TO CERTAIN REASON PAN IS NOT GETTING LINKED WITH AADHAR EVEN AFTER 31ST MARCH 2019. WHETHER IT RETURN WONT BE FILED.

One of my friend has not filed ITR-4 for business income for Assessment Year 2018-19. Now he want to file ITR-4 for business income. But, there is a late fees/penalty of Rs. 10,000/-. Is it true fact?

My friend's GROSS TOTAL INCOME is before deduction of 80 C etc. is approx Rs. 3,50,00,000. But after deduction of 80 (C) his TOTAL INCOME IS BELOW Rs. 2,50,000/-. Whether he is fined any penalty or late fees or not ?

Please give your expert advice.