How GSTR-3B should be shown when sales are around 3,00,000 and sales returns amounts to 7,50,000(relating to a invoice shown in Aug month Shown as sales in GSTR-1& GSTR-3B) -while filing December Months return....Where Negative values are not permitted in 3B and also cant show it in INPUT as it is not our Purchases & its our sales returns...Suggest me the best way

Dear sir,
we are wholesale dealers of Cement. As per the highly competitive market conditions, we are forced to sale cement to the customers, below the main distributor company's billing price.This is with the help of main distributor company, as the company is giving proper discounts and incentives by issuing credit notes. No GST is charged by the company on these credit notes and also these are not traceable bill wise. So we have no chance to reverse, already claimed inputs.So at the time of monthly GST filing, less than output amount payable is coming as compared to input.
kindly give your valuable suggestions/comments....
sunilpattuvakkaran@yahoo.com

Dear Experts,

Am getting standard Travel allowance Rs.40000 and Fuel reimbursement Rs. 30000 against of bill for every month.
Is it taxable or exempted from Income tax. What income tax rules said ?
Very very urgent . Pl. reply any one with section and sub clause wise . Pl..


Note : ( it is apart from my salary & paying 20% slab rate of tax for my salary income.).

Dear Sir,
I have a job worker (Unregistered), and I have made him Payment for his job work, more than Rs. 20 Lakhs.
I want to know what is the consequences ( for both Parties i.e. for Me and Job Worker) when I made him further payment of Rs. 5 Lakhs,

There is firm known as 'Sachin Enterprises' of which Sachin is the Proprietor. Now, Sachin wants to enter into a partnership with Kambli and convert the Proprietorship into a Partnership known as say 'Cricket Enterprises'. Please let me know how to go about it. How should the conversion be reflected or in other words what should be added to shown the 'conversion process' in the normal Partnership Deed?

Read more at: https://www.caclubindia.com/experts/conversion-of-proprietorship-into-partnership-deed-format-1186899.asp

Sir,
Please note that we have started new pvt ltd company, we want to register GST. All details filled up. As digital signature is mandatory for pvt ltd company. I have downloaded the application from the site. After doing the updation, the error message is coming as " sorry. Digital signature certificate missing.please plugin the token and ckick on process to proceed signing.

Please tell me the solution.
Regards

I have a simple query in which I would like to know if a major son can claim deductions u/s 80C if he deposits contributions to his parents not senior citizens PPF accounts from his own income to claim 80C deductions.

Sir/madam, I am a student of a CMA and i want to make my career in the bank after completing my cma . So what should i do to become a banker while getting the cma title as well. What are the job roles available for the CMA in the bank ? Please guide me .

Three individuals want to develop and sell their ancestral land. They formed a partnership firm and transferred their land to the firm. After incurring development expenses they sell the land. The firm pays the taxes on the profits earned. Are the partners exempt from the capital gains on the land transferred to the firm? Is the firm liable to pay capital gains tax or should it treat the profits as income from business? Can ths ecperts explain the provisions of income tax in this issue?

Sir There are 4 Companies
A,B,C,D

A Holds 45%in B,54% in C
B Holds 35% in C.
C Holds 26% in B.

Plz Suggest in Which Comapny and in what ways i made the considation.