Under Deemed Exports , which amount is *refunded to supplier* of Deemed Exports If *ITC is not taken by receipent* ......is it refund of IGST Paid or refund of unutilised ITC on Inputs used for making supplies?? whether this turnover is called turnover of supplies on which refund claimed under rule 89 (4A) ??

Dear Sir, we have issued the cheque for SBI life insurance on 02. 04.2020 Please advise to me below is the right method of entry

CAPITAL A/C. DR. 31.03.20
SBI INSURANCE PAYABLE CR. 31.03.20

or any entry please suggest in books of account.

KINDLY LET ME KNOW THE PROCEDURE OF ADJUSTING TDS REFUND AMOUNT AGAINST AMOUNT PAYABLE.

TDS REFUND AMOUNT IS TO BE APPLIED FOR TO ADJUST THE SAME??

Hello there. I'd like to know which return to be filed in case my client is a wholesaler with a profit margin of 2% without books of accounts.

Sir, we have deposit Rs. 56000 in PPF account on 01.04.2020 please suggest how to make the entry in books of account. PETERING to FY 2019-20

Dear Experts

Company A has appointed a C&F Agent , who is providing the services from a warehouse owned by him/Lease from some one else.

Lets say the company pays Rs X as per month fixed charges that included use of the warehouse as well.
the company decides how the warehouse will be maintained , temperature etc among others .

In such a cases is there an identified asset . Do the company has a control over the use of the ware house .

Many Thanks in advance

what is the last date of

(1) GSTR-1 for March'20 for QUARTERLY/MONTHLY
(2) GSTR-3B for March'20 QUARTERLY/MONTHLY

Person engaged in the business of trading of lignite and transportation work income. He is quoting "FOR" rates to his customers to his customer which includes freight charges also , whether he can take input credit of GST paid on purchase of trucks ?? (HE IS NOT CHARGING SEPARATELY IN BILLS FOR TRANSPORTATION CHARGES RATES OF MATERIAL ARE INCLUSIVE OF FREIGHT AMOUNT)

Composite scheme dealer detailes mentioned below .
1. Sales turnover Quater 4th Januvary to march,2020 Rs.6,00,000/-
2.interest income on sundry debtors( cash loan) Rs.72000/- yearly.

Composite tax payble on sales turnover only. or interest income tax applicable .

Mr. A has received in his bank A/c Rs. 25 lakh from a group of friends who are not in the defination of relative for his cancer treatment.Whether 25 lakh is taxable in hands or not.Is there any provision or method so that he can save income tax which was received for his cancer treatment