IN WHICH HEAD TAX PAYMENT SHALL BE MADE WHETHER IN 300 OR 400 HEAD?

what will be the accounting treatment of Trade discount and cash discount for
Discount Given
Discount Received
whether discount given should be part of other expenses
discount received should be part of indirect income.
please reply

How to make Journal entry of pre-operative expenses and deffer-ed revenue expenses ( what would be the accounting group)
if expenses for Total preoperative expenses = Rs.50,00,000
if Expenses for Total deffer-ed revenue expenses =Rs. 10 Crore for 5 Years.

How to make journal entry of write off of Trade receivable or trade payable
if Trade receivable and Trade payable for Rs. 1,18,000 and 1,18,000 each respectively. please reply.

Payment is made at time of Appeal, payment is made 100 percent. Now we are applying in DTVSV Scheme Whether assesses is eligible for DTVSV Scheme?

whether payment of tax before 31.01.2025 or after form 2 approved.

At time of Appeal payment is made for payment of tax but only matter is paid regarding 234A, 234B & 234C.
If form 1 is file till 31.01.2025 and payment is made after 31.01.2025 then, Assesses will need to make payment of 100% or 110% of Disputed Tax.

100 Shares of Company A were bought in 2002
Entire Holding was sold in Jun 2024 - Resulting in a capital loss of Rs 5100.
100 shares of the same company were bought in Jan 2025

Can I claim capital loss of Rs 5100?

a partner in partnership firm has supplied some inventory item (construction material) to the firm as his capital contribution..now do i need to retain the supplier bill issued to the partner? or a voucher authenticated by him(the partner) with details of item, rate amount and credit to capital account will suffice?
For GST and income tax point of view?
Note: he is an unregistered person in GST.

closing stock can be shown in balance sheet??? or it has to go through p &L

A & B are in the same of line of construction. A gives contract to B to build an apartment. 'A' also SELLS the material worth 200 lacs to B and B pays the amount.
So it is B2B transaction. By selling the goods, A also transfer the ITC worth 40 lacs to B. For B it is Purchase Tax ITC. B completed the construction and raises bill on main Contractor A for Rs.300 Lacs + GST @ 18%. Whether the ITC in the credit of 'B' of around 40 lacs (having purchased from 'A') can be claimed to OFF-SET the sale invoice raised on 'A'. Whether such a claim is okay ? By adjusting the sales including GST @ 18% can be adjusted against ITC available to the credit of 'B' ?





DONE