Hi,

What should be journaled entry when advance received by seller in GST regime?

Ex. Mr. A receives Rs. 118000 (50% advance) from Mr B on 5/7/17. Mr. A pays Gst Rs.18000 To governemnt.

Actual sale occurs in August. - Rs. 236000.

Experts. Please reply.

Dear Experts
The Proprietor baught digital signature for GST registration process in rs 1500 cash and also paid 3500 rs to Advocate for GST migration in cash. I want to know under which expenses head should these expenses booked and please also passed journal entries for this

My one client have 1 flat his own name in Mumbai
And one flat is on his mother in law in Mumbai.
Now client wants to sell both the flat and buy new big flat in Mumbai.

Please guide about how to tax planning for flat on mother in law name.

Dear Experts,

Please let me know can we use single copy of MOA for filing with MCA for Adoption & Alteration of the Share capital of the Company.
As we are Adopting the MOA as per companies Act 2013 & simultaneously we are altering the share capital of the Company. so according to me there has to be two copies of MOA one for Adoption as per companies Act 2013 & other for Alteration of Share Capital.

Please give me your valuable suggestions on this.

Respected All,
What remedies are available if we have deposited TDS u/s 195 along with 194C and 194J in same challan?

what's the gst rate on gunny bags or non woven fabrics?

Hi Team

Good Afternoon

I'm New one to this portal group. I want ask one query regarding income tax.

can we less personnel expenses in income tax individual head like electricity bill, fuel charges, water bill, gas bill etc?

I have made some investments long long ago in plots. Want to exit out of real-estate. Can I sell one plot every year say in April and claim exemption under 54EC by investing 50lacs in REC bonds within 6 months every year. OR is the investment capped at 50lacs for a PAN at any point of time. which means I can invest 50lacs every 3 years only

I found a mail for demand by the IT department even when the return was filed offline. is it the practice these days..and Whether the demand is justified?

Dear Experts.
pls clarify...is it necessary to upload the tax invoice on GST portal before issuing it to buyer or service receiver or it can be upload consolidated after month end.

Thanks
Megha Gupta