Accounting treatment of income tax refund and interest in the case of individuals.How to make journal entry in the books of accounts.

what would be the accounting group for accounting in the case of individuals
Tax paid by Partnership firm /Refund for parthers
Profit and Loss transferred to partners

WhaWhat is the Gst rate of Job work for Ms fabricated Materials?

whether may be negative capital for individual or what may be reason for negative capital.

in which condition Tax paid or refund of LLP can be book in books of individuals as Firm Expenses.

Freight Inward for RM Purchase
Freight outward for RM purchase return
Freight outward for Sales outward
Freight Inward for sales return,
My question is whether Freight inward and outward for purchase of Raw material under Direct Expense Freight Expenses
For sales outward and inward keep under Freight for sales under indirect Expenses.
is correct way to maintain books of accounts.

whether in the case of maintain books of accounts of individual for interest received to be maintained Receipt basis or accrual basis or Hybrid systems
please reply.

whether right issue shares issued first to be sold with to right issue.
what is criteria to sold right issue share.

whether Journal entry in the case of individual can be passed while maintain his books of accounts
for LLP TDS, , TCS Advance Tax and self Assessment Tax

Firm Expenses Dr
To LLP A/c
and in the case of Tax Refund
LLP A/c Dr
To Firm Expenses
Is correct way to accounting.

I am working in a partnership firm. The firm partners draw cash from bank for their personal use lakh together. For example 25 lakh etc. How to account it. Is it correct to withdraw cash from the bank for their personal use. Please explain.