Hi, We are a Trust running School, we not have GST i want to know how i verify that our vendor paid B2C Invoice GST amount to Govt.
I GOT ANSWER:=
You can't verify it. Only GST official can verify it based on the record. Check it's a tax invoice having serial number and GST registration number.

the vendor given any proof that he paid gst amt ?

An assesee having business income filed Income tax Return Opting new sec.115 BAC of Income Tax act, 1961 for the F.Y.2020-2021. But in F.Y.2021-2022 Income tax return was not filled with in the due date for the same assessee but filed after due date. In this case can we opt New sec.115 BAC or opt out from new sec.115BAC. In summary, in one F.Y.2020-2021 filed income tax return by opting new sec.115BAC with in the due date after next F.Y.2021-2022 return filed after due date. In this case new sec.115BAC can opt or not. Thanks in Advance.

Dear Sir/Mam,

I have salary greater than 5 lakhs rupees per year and apart from this salary I am earning 20000 rupees per year by Google admob which is paid by Google through wire transfer in USD and I earn around 10000 rupees per year by in-app purchases which is paid by Google by bank transfer in INR after deducting TDS. Now I am having very difficult time understanding how to fill tax return and what to do. The extra earning is not that big but still I do this as part time activity, I do not want to take any risk please help, any help is appreciated.

personal expenses and withdrawal by HUF routed through drawing while making journal entry.

Journal entry of withdrawal of
Cash ,
Goods
what would be the journal entry.

whether profit or loss on redemption of mutual fund , how to know profit is STCG or LTCG.

personal expenses and withdrawal while preparing books of accounts of individual, should be made under DRAWING.
Please reply

what would be the journal entry of Term insurance second installment due.

I have joined with an infrastructure company recently. This company is engaged in developing of land after development of basic facilities like installation of Water Tank, Sewerage, making roads and parks etc.
My queries are as follows: -
1. Our final product Land Sale are leviable of GST or not?
2. For development works we are procuring materials like – Sand, Bajri, Stones, Cement, Saria, Paints etc by payment of GST.
3. These above materials input can be claimed or not (i.e., GST Refund can be claimed)?
4. Sometimes, we are procuring materials from unregistered dealers- Reverse Charge to be paid or not. (Presently Reverse Charge are payable on Freight & Professional Charges).

Please settle the above queries’ as soon as possible.
Regards,
M.K.Mandal

Kindly advise about HSN code of panch-dhatu products