Nitin Manohar Mulik
25 January 2020 at 11:56

Gst payment relaited

kindly give me suggestion

"A" proprietor of 2 company "B" & C" firm both firms is different purpose. B firm Business is Scrap Trading & C firm Business is Labour Suppliers both firm Accounting is sepreatly, but problem is that C firm Used extra input credit of B firm at the time of Gst payment.

Example : B firm Input Credit = 45000/-
OutPut Credit = 35000/-
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gst = (-) 10000/-
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C firm Input Credit = 60000/-
OutPut Credit = 85000/-
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paybale gst = 25000/-
------------------------------------

Then A proprietor done payment in C firm as per
C firm GST 25000/-
less B Firm GST 10000/-
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paid gst 15000/-
------------------------------------------------

so please suggestion how to take entry in tally


Kishan Kumar Gupta

Fixed travelling allowance is exempt or not


Kishan Kumar Gupta
25 January 2020 at 11:44

Fixed travelling allowance exempt or not

Fixed travelling allowance is paid to process server is exempt under salary head in court


Kishan Kumar Gupta
25 January 2020 at 11:37

Fixed travelling allowance exempt or not

Fixed travelling allowance is paid to process server is exempt under salary head


Deepak
25 January 2020 at 11:32

Transfer of Employee to another entity

ABC Pvt. Ltd and XYZ Pvt. Ltd. are separate entities. Mr. A is an employee of ABC Pvt. Ltd transferred to XYZ Pvt. Ltd for 15 days. What will be accounting treatment in the books of both the compnies?


Harshvir Singh
25 January 2020 at 11:32

LTCG Exemption Eligibility

Hi
We sold a joint property last year which was in the name of my grandfather who expired few years ago. My mother and my uncle were declared legal heirs of the house as my father had expired earlier than my grandfather. From my mother's share of sale proceeds, we are planning to buy land and construct a house. The price of land itself is high and entire share of my mother from sale proceeds will be used. We are planning to take a home loan for constructing house. My question is:
Will my mother be able to take LTCG exemption if we complete construction of house within 3 years of date of sale of old house without depositing any money in capital gains account?


CA Garima Bhayana
25 January 2020 at 11:22

Issue in GSTR9

If a party correctly claim ITC But other party shows invoice of CGST & SGST in IGST in their GSTR1 so it shows in IGST in GSTR 2A. But in GSTR 9 auto populated column of 2A it is not showing amount in IGST. can party claim ITC of invoices wronly entered by other party and not shown in auto populated column?


BILAL AHMED
25 January 2020 at 10:57

GOVT FEES FOR 12A AND 80G REGISTRATION

Hello Sir,
what is govt fees for 12A & 80G registration of trust.
who can do such registrations?


Shingala Devang
25 January 2020 at 10:48

Registration

If a person partner in the firm and he also started a business with proprietorship so, he can give the partnership details at the time of proprietorship registration?


R S Sai Kumar
25 January 2020 at 10:10

GSTR9 and GSTR9C

The turnover of a company for the financial year ended 31-03-2018 is as under:-
Excluding Taxes
VAT sales 33.26,000
GST Sales 1,70,92,000
Total Sales 2,04,18,000
Taxes collected
VAT 1,66,000
GST 13,02,000
Total 14,68,000
Please let me know whether I have to file GSTR 9 or not.

Sai