For FY 19-20 there was wrong availment of ITC credit in terms of section 16(4) of CGST Act 2017
GSTR 3B for March 20 was filed on 08.04.21 and as per notice last day for availing credit was 20.10.20

My question is how much interest needs to be paid u/s 73(5) of CGST Act 2017

Dear All,

I want to apply for registration of a Hospital u/s.17(2) of the Income Tax Act. Pl advice to whom the application made and the format for such application if any.
Thanks

is there any method that i can migrate from tally prime 4.0 to tally erp9?

Shall the Father in law accepts gift from his daughter in law. with out paying the income tax.

Please give your valuable advise,
Thanks in advance
K.B.Nagesha Rao.

If registered office is situated in Gujarat, India but service is provieded in Southee arebia so which Gst rate is applicable on such supply?

Sir,
We are export the goods in April 2024,in this we raise the E.Invoice,with payment of GST -IGST Rs.165157.89,but in SB our CHA wrongly entered in SB for Rs.16515.77.Taxable values are correct.what is the solution for this issues. Now we are filing the GSTR-1 as per SB only

Dear GST Experts,
We are running Schools & Hostel for Students, as well we are providing NEET coaching to our students. Some NEET Repeater students are requesting us to provide accommodation in our school hostel. As an educational institute we didn’t register under the GST.
In this case how do we collect the hostel fee from external student? Is there any GST Impact?

Dear GST Experts,
GST registration is require for collecting School Fee, Hostel Fee, Books Fee etc?

I have two flats.
One flat in Bombay, which is in my name only.
One flat in Bangalore, which is in joint name (my name first & wife)

If if sale my Bombay flat, which is in my name and invest whole sale proceeds
to buy another flat in Rajasthan.

i). Is there any capital gain if I invest whole sale proceeds.
ii). The new flat so purchased in Rajasthan can be in my name (single) or in joint name with wife.
IIi). Can one person have two houses?

Furniture shop owner purchase furniture 500000 from XYZ Ltd payment terms 2%CD will be allowed if we pay within 10 days otherwise bill is due in next 30 days as an accountant you realised that company do not have sufficient funds to pay within 10 days.
Company owner has made payment his personal bank account 490000 within 10 days and distribute purchase as follows
400000 company warehouse for business
75000 company office purpose
20000 for windows display for marketing purposes
5000 owner personal use
What are journal entries?