(1)Mr.X has business of guest house.(I.e.only renting room) Is Mr.X
required to take gst registration if turnover is below 20 lakhs during the
year and room tariff is Rs.1500 per night?

How to calculate age of senior Citizen in income tax for tax computation in income tax and also benefit of deduction.

what is major difference between Revenue expenditure and capital expenditure.

Buyer A and B finalized a property from Seller C and D for amount 80,00,000.
Buyer A and B have paid 40,00,000 each to Sellers C and D and registered the property
Now Buyers A and B need to fill 4 forms of 26QB (A->C; A->D, B->C, B->D).
In this scenario, I have below query:
In each of the forms, what should be filled in Total Amount Paid/Credited* field. Will this be total amount divided by 4 i.e. 20,00,000 or entire property purchase amount of 80,00,000 in all four TDS forms?

For capitalization assets useful life should be more than 1 Years,
Above Rs. 5000 should be capitalized and Below Rs. 5000 should be charged in revenue expenses.

I am sole proprietor of 'ABC' firm based on website development registered in Noida under GST and now I have moved to Delhi wants to open current accounts in delhi for same business. But banks will open current accounts based on registered address which is Noida (U.P.).

Q.1 My question is whether I can register new firm with similar name here in Delhi for same business?

In other words, Can person sole proprietor register two firm for same business in two different states?

Thanks in advance.

If expenses Incurred regarding Fixed assets on above Rs. 5000.(rs. Five thousand ) always should be capitalized, even incurred for repairs and maintenance Regarding, Any Fixed Assets.
or if any criteria then please reply also.

Sir,

I have received sms intimation for ITR processed.but yet no received any mail from department how can I check detail of 143(1) from IT portal.

Sir,
A Doctor running a clinic purchase of medicines personal name and clinic name
used treatment purpose to inpatient and outpatient after fees collections from patients and accounting records maintained of cash basis.
Question:
1.A Doctor purchase of medicines individual name or clinic name is corrected procedure
2.purchases of medicines used treatment purpose tax liability applicable in gst act and purchase of medicines any limit provision applicable in it act.
3.Doctor depreciation claim on fixed assets and closing of medicines treatment in books for cash basis accounting records system.
4. A Doctor drug licence registered compulsory.

Dear Sir

During purchase of share we have paid some expenses eg. Brokerage, Stamp duty,GST, STT please suggest entry in books of accounts and name of the group in which we create the ledger