Dear All,

How will I be able to show gratuity in itr -5, as the opening balance was 70 lac now the closing balance is 65 lac so I have passed a reverse entry of 5 lac i.e. in credit side of P&L. So now how will I show 5 lac in the ITR as it is increasing my profit by 5 lac.

We have recived 100% trade discount on some items purchased . How should i record these item would be recorded as per value shown in bill or zero because on total billing amount, we have recieved 100% trade discount.
As per my knowledge trade discount is not shown in books.

Kindly advice if GST registration is required for a person doing freelance work as writter and getting fees through foreign remittance. However the annual fees amount remains below INR 10 lacs.

Thanks in advance

WE PURCHASED A CONTRUCTED BUILDING OF 3FLOORS IN THE NAME OF COMPANY FOR RS.70,00,000/-. WE TOOK LOAN OF RS.52,50,000/- FROM OUR BANKER KOTAK BANK AND BALANCE PAID FROM OUR ACCOUNT TO THREE SELLERS OF RS.26,25,000/-, RS.26,50,000/- AND RS.17,50,000/-. WE INCURRED THE EXPENSES OF STAMP DUTY OF RS.3,57,000/-, RS.70,000/- AND RS.35,000/-. ALONGWITH THIS WE HAVE PAID RS.36108 TOWARDS INSURANCE.

LOAN AMOUT: 52,50,000/- AT A INTEREST RATE OF 9.6% REPAYMENT PERIOD 120MONTHS

COULD YOU PLEASE SHOW THE ENTRY FOR THE SAME.

we have given Rs. 3,00,000/- for labour charges in a single voucher how can we split it ? we have taken single voucher. can i take as advance and split it below 10k????

Hello,

Sir, How to LUT Form Submission limit & How to generate Invoice Bill With Tax or Without Tax ?and 1 time which doc requirement?

Whether ITC details of GST is required to be mentioned in Clause 27(a) of form 3CB3CD report in case of client having GST Registration with regular basis.

I have received a message stating that an order u/s 143 (1) on my PAN ID has been generated. What does this mean?

Respected Sir

What was the first assessment year in which section for TCS was inserted into income tax act ?

Please guide me and oblige.

Composite dealer delay of composite return gst cmp-08 how much rate of interest and late fees paid per day.