i have TDS Credit of Rs. 5420/- for FY 2017-18 which i have shown on Balance sheet. Now in FY 18-19 i have received Refund of 3300 /- adjusting the credit . Please help me for accounting entries in the books of proprietor.
my income from hardware shop is 50 lakh annual, I file return quarterly in gst but I won't file monthly. can I file monthly return?
Dear Sir,
Assessee has own 1 tempo and also other 1 tempo he has taken on rent. His total income from both tempo Rs. 245400/-. How income declared in I.T. return for Own Tempo and Tempo Taken on Rent?
Is it declared both tempo income u/s 44AE? or else one own tempo income in u/s 44AE or other income as other business head?
i have filed IT return on 24/12/2018 after due date. But it does not display any fee U/s 234F. But for my collegue who filed return at other place paid tax including 234F. My friend contened that as I have Remueneration from partnership firm, I have no liability to pay fee U/s 234f. Is it true?
please guide me. Is a person having partnership remeuneration liable to pay fee U/s 234F.
thanks in advance.
Is it possible to file AOC 4 and MGT 7 with ROC if one of the director not filed Form DIR 3 KYC?
A firm has got Bank guarantee issued by bank for purchasing goods.pls guide journal entries?. Also whether creditor account will be credited on receipt of goods?.
Respected Experts,
We have filed our GSTR-1 for Nov-2018 before due date. But after some days, we observed that we
have wrongly Yes "Whether tax is liable for Reverse Charges" in all 35 invoices during filling of return.
Now we want to change this "Yes" to "No" and the same is possible in GSTR-1 of Dec-2018.
We have issued Tax invoice Sr. No. from 331 to 365. During amendment can I use same Sr. No. of
Revised invoices or I have to start with 1. Moreover whether I mention these amended invoices in
Documents issued column of GSTR-1. OR any other option to rectify the above invoices.
Please advise me.
Rakesh Sharma
XYZ is issuing invoice for the supply of goods and charging full GST on the full value of the invoice. At the bottom of the invoice, a remark is given as ‘if payment is received within 7 days, 2% discount will be given’. Can XYZ subsequent to supply issue credit note with GST to the customer for 2% discount if the payment is received within 7 days and reduce his GST liability in that month to the extent of the GST on 2% discount shown in the credit note?
Sir,
After depreciation my rate of Car amount stand Rs 250000,i have sold it for rs 450000.
Where to show this excess Rs 2lac. can I show it in capital A/c.
Please suggest.
Sir, one of my friend, a Propreitor, has not filed GSTR 3B since April 2018. Can he avail Waiver of late fee if he files the return for all the pending months before 31.12.2018. If not, is there any proposal at GSTN for waiving the late fees in near future ?
Tds entry adjustment in accounting