Our Annual Turnover is Rs. 1,98,03,220.00 for the Financial Year 2022-23
GSTR 9 (Annual Return) and GSTR 9C is Compulsory for the Financial Year 2022-23 for this above turnover amount ??????????????
School van was purchased through finance, how to entry the due amount with interest in tally.? for ex: Due amount was Rs.20000 & interest was Rs.10000. In tally single entry system, i made entries in payment voucher like, accounts - bank a/cs (credit ); ledger- finance due (debit )-20000 ; interest (debit)-10000; in total 30000/-. is that right.?
I have a question about the Reverse Charge Mechanism (RCM) for Goods Transportation Agency (GTA) services.
I got a bill from a transportation agency (Tempo Union) that's registered under GST. However, our GST number is not mentioned on the bill, and the agency hasn't included this bill in their GST return. Does RCM apply to this bill?
When accounting for an investment in an associate or a subsidiary or a joint venture, an investor restricts its reporting in the cash flow statement to the cash flows between itself and the investee/joint venture, for example, cash flows relating to dividends and advances. what does restrict mean?
Please guide, can we revise the figures provided in generation of UDIN after the expiry of 60 days ?
Hi,
As per email, the company will deduct only 10% TDS from the salary and rest will be deposited in my account. Do I have to pay more taxes when filing ITR or that would be it?
what would be the accounting group of security deposit of rent received.
One client import of goods from outside country and paid IGST to the custom department. so can we take IGST input against local liability on basis of GSTR2B OR need to go for IGST refund?
DEAR SIR
I DEPOSITED 380000/ AS BOOKING AMOUNT FOR US TOUR IN FINANCIAL YEAR 19-20 TO TOUR OPERATOR.BUT I UTILISED THAT MONEY IN MAY 2023 AND COMPLETED MY TOUR.
NOW I AM BOOKING FOR CANADA TOUR . AND TOUR OPERATOR IS ASKING ME TO SUBMIT TCS FORM . WILL THE AMOUNT OF 380000/WHICH I DEPOSITED IN FINANCIAL YEAR 19-20 BUT UTILISED MONEY IN MAY2023,WILL BE ADDED IN THIS TCS FORM?
Dear Experts,
We have paid custom duty including IGST on 20th Nov 2023 and it is showing in 2A, but we received the goods on 03rd Dec-2023.
Can we claim ITC in Nov or we should avail the same in Dec because of 16(2)(b) condition.
Kindly advise.
Rakesh Sharma
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Turnover GSTR 9