I have short term loss in share market against which i have long term capital agst sale of Property. So to harvest loss i will sell the same and purchase on same time. I just wanted to know that the loss harvested can be set-off against my long term capital gain (with indexation) against sale of property.
What will be other impact on such transaction.

Dear sir,
A has raised a bill to B as follows:
Profession charge- 100000
Add GST @18% - 18000
Total Payable- 118000
Less Discount -10000
Net payable- 108000

In the Books of B - what will be treatment of 10000 as discount ?

Please guide me?
Regards,
Motilal Verma

What is Section 206 CR?

Please suggest a reference book for CA final new syllabus

In terms of Covid Relief in rate of interest was given by GST.
For February 20 total liability payable was Rs.35,42,354/-
of which Rs.28,00,000/- was paid on 24.04.20 and balance Rs.7,42,354/- was paid on 30.05.20.
As per notification no Interest was payable till 04.04.20. 9% was payable for payments between 05.04.20 to 24.06.20 and 18% from 25.06.20

For March 20 total liability payable was Rs.60,05,265/-
of which Rs.25,00,000/- was paid on 10.06.20 and balance Rs.35,05,265/- was paid on 27.07.20
As per notification no Interest was payable till 05.05.20. 9% was payable for payments between 06.05.20 to 24.06.20 and 18% from 25.06.20

My question is total interest payable will be how much month wise ?

We are selling Sarees online which attracts 5% GST, we are thinking of enabling the "Gift box" option where customer can choose that if they want to gift wrap the product.

We need to know the % for the Gift box (Carton box), and the % on shipping charges.

If Gift box attracts 18%, then Shipping attracts 18% or 5% (saree %)?

Hi,

We have received a notice from Income Tax Department to file ITR u/s 144, but in login tab they have not giving option to file ITR u/s 144. How can we file the same. Please suggest.

Hi all,
Could you pls help me for do comment on
Debt/PBDIT-0.22 in FY.21 & 2.61 in FY22
Current Ratio is 2.07 in FY 21 & 1.54 in FY 22
PBDIT / NET SALES (%) -13.97% in FY 21 17.98% in FY 22
NET PROFIT / NET SALES (%)-12.78% in FY 21 & 12.79% in FY 22
CASH PROFIT / NET SALES (%)- 14.23% in FY 21 & 13.52% in FY 22.
DSCR-9.19 in FY 21 & 12.06 in FY 22
PBDIT-9.02 in FY 21 & 16.04 in FY 22
Interest Cov Ratio-39.22 in FY 21 & 32.08 in FY 22

Please explain IDV & WDV. vehicle (Bus) insurance calculation on IDV value /WDV Value?

Can we issue gst invoice to registered dealer as unregistered dealer as requested by the dealer without the issuance of eway bill? Please clarify?