we purchased a bus from tata motors through X-finance company is rs.20,00,000. The X-finance company paid the total amount of rs.20,00,000/- to tata motors. After Next month tata motors give a discount of rs.1,00,000/- and deposited into our bank account. so, how to post the ledgers? please

at which amount of cash sale i need to take id of customer like adhaar or pan card

We are transporting goods by hand van of value of Rs400000/ . Is it mandatory to generate eway bill? Please advise. We are transporting our purchased goods by 3 to 4 vans daily and value is almost 16 lakhs. Pl advise urgently.

Please inform me the taxable Income & Tax :- FY 2019-20
1. GROSS SALARY [AS PER PAY SLIP] - 266729/-
2. LEAVE TRAVEL ALLOWANCE - 14200/-
3. INCENTIVE - 60000/-
4. MEDICAL REIMBURSEMENT - 9284/-
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PROFESSIONAL TAX - 1700/-
PF - 19155/-
MEDICLAIM - 15000/-

Can anyone explain the treatment on sale if depreciable asset (p&m) and stcg arises
Where the asset is used in business and claiming sec 44ad
What is the treatment and how it should be shown in itr 3 and in which schedule it has to be shown?

I have no purchase sale during fy 2019-2020 in my properitorship firm whose propritor is huf. Ihave interest income of Rs200000/ in my huf firm. Ihave loss of Rs4000 in propritorship firm. How can i show loss of 4000 in balance sheet without passing entry in profit and loss account. Please advise in details.

Dear All

Plz let me know whether an Insurance Claim Surveyor can file his Income Tax Return under 44AD or 44ADA

We have a proprietorship business (Tour operator) and our turnover below 40 Lakhs.
I wanted to know GST return filling is mandatory?

If I show my entire LIC Commission of 2,50,000/- as income, then also, may I liable to maintain account u/s.44AA and fill Balance sheet and Profit and Loss a/c in ITR 3 ?

can i receive cash against a single day bill amount of bill is 50000 and he gave me cash 27000 can i make a single cash receipt entry of it