ONE OF MY CLIENT (LLP) WANT TO GIVE EDUCATIONAL GRANT TO USA BASED SOCIETY FOR EDUCATIONAL COURSE

MY QUERRY IS WHETHER TDS IS APPLICABLE OR NOT ON GRANT GIVEN, PLEASE CLARIFY

A Goods Purchase of Rs 10000
Job work done on Goods of Rs 1000
Then What is valuation of closing stock ? 10000 or 11000

My company has given Advance Salary to an employee Rs. 20,000/-. His actual salary is Rs 13,000/- per month. My company is deducting Rs. 2,000/- per month from his salary against the Advance salary. Kindly tell me how to show these transactions in tally ?

Dear Sir/ Madan, Interest income from finance business, Can we show this income under section 44AD?

Whether Individual earning less than 20 lakhs commission from Brokerage service to Real estate. need to get register under GST ?

Sir(s),

We have purchased some rawmaterials from a supplier from outside our state. The transaction was as below:

* supplier raised invoice on us on 27.02.2018

*We received goods at factory on 03.03.2018

*we will pay after 1 month

Under this situation, can we claim input tax on this traction in the month of February 2018 (GSTR 3b)? or the credit should have been claimed in March 2018?

Previously one of the GST consultant guide us to take credit in the month when the invoice has been raised as it would facilitate to get credit in our GSTR 2A and made checking / follow the credit more easier. Is it correct?

If it is not correct then how could be the rule permit on the transactoins as deemed to be received at factory during the movement of goods / transfer of tile of goods ( not required to receive at factory) on the instruction of the buyer sending to another receiver.

Kindly suggest the correct way.

Thanks in advance.
with regards,

Bazeer L

I am out of job and need to get registered with a new principal . If you have knowledge of any openings , please help me with that as I am new in the city and don't have any contacts .

I terminated my articleship with my current principal and now I am out of job. If I enroll for this site's software courses will I have to take permission of ICAI?

Dear Sir, We have received debit note from the vendor. When the original invoice is issued, we have claimed the input credit and filed the return. Now after receiving debit note, we need to pay the gst(Gst on debit note). Please confirm where to show debit note in gstr 3b.whether we need to show it under output Gst colum(output gst+debit note) or need to show under reversal of input credit and pay the Gst. Thanks

Dear Sir, We have received debit note from the vendor. When the original invoice is issued, we have claimed the input credit and filed the return. Now after receiving debit note, we need to pay the gst(Gst on debit note). Please confirm where to show debit note in gstr 3b.whether we need to show it under output Gst colum(output gst+debit note) or need to show under reversal of input credit and pay the Gst. Thanks