We have taken excess IGST credit for the month July 2017 and reverse the same on June 2018 . We have not utilised the IGST excess credit till date. Should we pay interest on the excess credit taken not utilised?

dear Sir,

i have wrongly deposited TDS in different TAN.
so tds officer has told me to give a indemnity bond

so please help me with the format for indemnity bond

Hello,

So a company A has leased a shop to a company B. The contract specifically bars subleasing.

Can the company B form a partnership with company C to transfer its liability of managing the venue in lieu of a fixed amount and/or share in income?

Will such a partnership require a renewal of contract with A?

Thank you

one of my client is govt salaried employee. he forgot to file his income tax return for AY 17-18. TDS was also deducted on his salary.
what can he do now? what was the consequenses if he not file his ITR

Dear Sir,
I was working with an private organization as a director and as a branch manager. Promoters are from Dubai, we are 2 directors they have appointed. Now i have to remove from this directorship but they are not proceeding and accepting my resignation, kindly guide me sir, i want to leave from this post and company as soon as early.

Hello,
In year 2017-2018, I worked for a company for around 45 days (June-July) but left without taking any salary (they delay salaries). I did not serve notice period and in return asked to not credit any salary. The account also shows no credit. However, form 26AS shows some entries on their behalf which are like follows :
Txn Dt Status Dt o/Booking Remarks Amt Credited Tax Deducted TDS Deposited
20-Jul-2017 O 02-Dec-2017 70463.00 934.00 934.00
20-Jul-2017 F 02-Dec-2017 0.00 0.00 0.00
20-Jul-2017 O 02-Dec-2017 B -70463.00 -934.00 -934.00
20-Jul-2017 F 12-Jun-2018 70463.00 934.00 934.00
Plz make me understand what does O & F mean corresponding to 70k? What does the B remark mean? Should I include it in ITR inspite of the fact that I have gotten no such money. Why the amounts are in + & -?

Our company is providing electrical projects under govt. of Karnataka.

Scope of work-

1.Supply and installation of transformer, poles, wires etc.

Billing will depending on project clause-

1) Supply invoice and erection invoice (after installation of supply item) seperately.

2) Supply and erection together.

Please advise me rate of GST to be charageable.

Hi Experts,

My friend is running an grocery store and he got the GST Registration as compounding dealer on july 2017 and he was not filed any gst return as on date. can he able to file the returns now, if he file the returns now, how much penalty he needs to pay or he can able to surrender the Registration. what shall we do now? Please give your valuable suggestions.

Sir,
I am doing accounts works for a partnership firm.For the firm, Tax audit is applicable and due date is September 30. Partners salary is less than Rs.250000 per partner.Is return filing is compulsory for the partners? If yes,Which due date is applicable to Partners? Please reply me at the earliest

Sir/Ma'am,

Mr.A has a property in Bangalore (his family stays in this property) and another property in Mumbai (Mr.A stays in this property) .His place of employment is Mumbai.

Can Mr.A claim both the properties as Self Occupied properties ?
Please clarify

Thanks & Regards.,
Mahesh.Kothagolla.