Respected Sir,

I purchased room heater worth 2000/- for office purpose now my question is:-

1- In my books of accounts what should be shown either fixed asset or expenses ??
2- Can I take GST input on it ??

If professional person annual gross receipt is below 90 lac. So in this case mandatory to fie gstr-9 or not?

How to get Surname given in PAN.
In old PAN, they forgot the surname given in PAN, when they applied the PAN.
Now we can't register in Income Tax website without Surname.
Pls help us to get surname in PAN

A person provide professional services to his client and total receipt amount is below of 2 crore. So this case Gstr-9 mandatory or not?

What is the basic difference between NEFT & RTGS ?

Sir,

My friend is running a Propreitory business and manufactures steel bench and desk, Bearau, etc. To
transport these goods to his customers' place, he has purchased a Tata Ace, commercial vehicle in Dec 2019
in the name of his Business ( Not in his personal name ).
Now, can he claim ITC on the purchase of the said vehicle and the GST paid on the insurance amount ?

Pls. advice.

Respected Sir,

What is the basic difference between both these forms ? Upto which Assessment year the ITR-4-S was continued ? and later the said ITR-4-S was replaced by which of the forms ? Please guide me and oblige.

If a partnership firm is having a zero turnover in F.Y 18-19 and the firm is in loss then the audit u/s 44AB is required or not.

HI,

PLEASE LET ME KNOW IF THERE IS AN INVENTORY LOSS DUE TO OBSOLETE STOCK,EXPIRY OF AN ITEM,FOC ITEM ETC , THE SAME SHOULD BE ADDED TO THE COST OF SALE AND DEDUCT FROM COST OF SALE IN CASE OF INVENTORY GAIN. PLEASE DO CONFIRM

X Pvt Ltd in Maharashtra is willing to takeover an existing Sole proprietorship business of Mr Y . Mr Y is already a Shareholder and Director in X Pvt Ltd .The transfer of business is via Slump Sale where X Pvt ltd will takeover all the existing movable assets ( There are no immovable assets in the books of Proprietary concern) and all liabilities of the concerned business.
An agreement is to be entered between the two parties stating the terms and amounts pertaining to the transfer.
Is this agreement of Slump Sale required to be registered? If yes, is stamp duty payable on the same in Maharashtra and at what rate ?