Hello!

Me and my wife purchased an under construction property on September 7 2024 and are paying installments

So far, the installments have been for
September ( TDS paid )
October ( TDS not paid )
November ( TDS not paid )

On November 17, we registered our property

I'm paying the TDS for October today. In that case, what should I enter in the date of booking/agreement while submitting the Form 26QB?

Prior to registration, I have been using the Booking date of September 7

Secondly, since there are multiple buyers involved, what should be the value in the Total sale consideration value? The property is for 1.6cr, so should it be 1.6cr each or 80L each? I have been getting different responses from different CA's

what Adjustment entry should passed on 31st March while finalisastion books of accounts of individual and HUF,.

Sir,
Registered composition scheme dealer stock difference found rs:4 lacs visiting by gst officer in dealer principal place
Question:
Dealer stock difference value rs:4 lacs tax applicable on composite rate (1 precentage) or normal rate (5 precentage) for gst act

Credit profit and loss account in case of bonus share received by firm or LLP
entry is
purchase of shares .01
To Profit and loss account .01
is correct entry.

How to determine cost of acquisition of shares on merger or de-merger.
Please reply.

WHICH ACCOUNTS ARE CREDITED WHILE DEBITING INVENTORY(finished goods and work in progress)ACCOUNTS.

Furthermore in the credited accounts the expenses towards inventory will get reduced the why is the need to show change in inventory of finished goods and work in progress in P&L

Query resolved and deleted?

Hello everyone,

can a partnership firm registered under partnership act become partner in a LLP ?

Case:
1. An advocate has professional receipts and he has an income of around Rs. 15,00,000/-
2. He has another business i.e., like a farm they buy animals and feed them, and once they reach the exact weight as per the requirement they sell them. He has a turnover of around Rs. 40,00,000/- and as a result he has obtained GST registration.

He'll declare the business receipts in GST,

Doubt:
Is he required to declare the professional receipts in GST? all the receipts are from unregistered persons and hence RCM is not applicable.

I had taken ITC of last year 2022-23 in 2023-24, the information of which was shown in GSTR-9 of 2022-23. Now this year my input is 0, so how will I have to file GSTR-9? Please explain it, it will be a great favor.