LAND PURCHASED IN YEAR 2006 AT RS 150000/-
ASSESSEE STARTED CONSTRUCTION OF FLAT BUSINESS DURING F .Y. ENDING 31/03/16 AND CONVERTED ABOVE LAND INTO STOCK IN TRADE AT THE COST OF RS 150000/- ASSESSEE ALSO SHOWN PROFIT OF RS 10 LAKHS FROM CONSTRUCTUION BUSINESS TAKEING WORK IN PROGRESS (VALUE OF CONSTRUCTED FLATS) WHETHER STILL LONG TERM CAPITAL GAIN ARISES ON LAND TRANSFER/CONVERTED INTO STOCK IN TRADE DURING THE YEAR

When can the penalty u/s 271B for late filing of Audit report is to be paid (i.e before filing of audit report or after filing of audit report but before filing of ITR )and whether the details of the same are required to be furnished in the ITR as well as in Audit report ?????

Total Sale Consideration is Rupees 1,52,00,000. The property is Sold under single agreement. There are 3 members, an elder sister & two younger brothers. The sister making payment of Rs. 80,00,000 whereas the brothers agreed to pay the sum of amount of Rs. 36,00,000 each.
The query is whether the liability of TDS is to be paid only by the Sister or all?

Please reply at the earliest

Dear Respected Members.,

We are manufacturer of TOOLS & HOLDERS for CNC machines. We supply material (Tools - GST @ 18%) to SEZ buyer. We don't have LUT/Bond. So, Supply with taxable...

Using tally and As per Invoice the

Taxable/Basic Value - Rs. 10000

IGST (SEZ-Taxable) - Rs. 1800. We paid the Tax in my pocket. Buyer can't give Tax amount. Only give Basic cost. So, Tax amount right off or any other. I don't know what can I do...?

In Tally GSTR-3B it's showing 3.1 b.

But., In Tally GSTR-1 return not showing the details....



What can I do now...?

How can I get the Tax Amount...?

What are the procedure about this transacton under GST...?



Please guide me...

Dear Sir/mam,
I am Ecommerce seller. as u know almost all my sale to unregistered person only.
and also sale return from unregistered person. so my questions are:-

1.) is it necessary to show "sale return from unregistered customer means credit note invoice" in column No.9B
because i already show the "Net amount (sale-sale return)" in column no-7(B2C others)



Pls answer. thans

Dear Respected Member,
Please guide me on following Case,

Company has made payment in the month of Apr-18, along with IGST of Rs 45,000/- but Invoice not booked in its book of accounts, can Input Credit of IGST utilize against gst Payable for the month of Nov-18.

A salaried person has received a notice about not filing of Income Tax Return of 2016-17. His TDS is deducted by the factory every year. His gross salary for that year was Rs.629986 and TDS Rs.20640. On the compliance portal, it has been shown to have a total salary of 25 lakhs and TDS 82000 of his many years. What can i do on compliance portal.

Dear Sir/Madam,
Our company purchased cement, brisk, TMT bars,steel windows and Flash Doors for making a new shed. My question is the input credit can we availed and utilized of all said items.

Thanks & Regards
Chandan Mukherjee

Can a Company can pay its Statutory Liabilities eg. TDS , IT , GST . in installments if so what is procedure can anyone Help me ?

we have a manufecturing co

I have purchase 2 Pics as a sample 5000/-
igst input 900/-

then i have to pay only 900/- to Party & bal. amount treat as rebate & Dis.

Can we take input