A partner ship firm unsecured loans name Mr.A Rs:1 lacs and Name Mr.B Rs: 1 lacs outstanding balance as per books 31-03-2020.but a partnership firm Name Mr.A Rs:1 lacs and Name B 1 lacs advance income tax paid through on firm bank account.
question:
a partnership firm how to passed unsecured loans written off account entries in firm books.

Dear experts
Should we do billing if our party's gst number is suspended.

Assessee Type - Library registered under Bombay Public Trust Act, 1950
What will be the treatment of Purchase of books if Book is shown under Fixed Asset ? Kindly guide

a person own a property , enters into rent agreement for it. however money is received by his spouse.
should he show income as his own or income as his wife and then club with his own.

Sir,

Can i show repair and renovation cost of my house in capital account.
Please suggest.

Dear Expert ,
Is there any late fee waiver option available as the gstr 3b returns filing was due since 2018November..
It's a Pvt Ltd and company turnover was less than one crore..
Kindly suggest

I try to file GSTR 3B for Nov.2020. GST portal is disallowing ITC claimed by me. The suppliers from which I received ITC file their GSTR 1 on quarterly basis. As such, GSTR 2A does not show the said ITC and the portal is disallowing me the same Now, how can I file I my GSTR 3B ?

A Private limited company registered as 100% EOU exported its products and claimed refund of IGST paid during November 2018. Now the department is asking for paying back the amount refunded.
1.How can this be rectified ?
2.If Payment of IGST has to be made along with interest, can the company take credit of the tax amount paid through DRC-03?
3.While making payment of IGST through DRC-03,Can the available input tax credit be utilised,or is cash payment compulsory?

Hello everyone, my one of friend is engaged in artificial jewellery business through Amazon, Flipkart.etc. on gst rate is 3% but Amazon and Flipkart charging the heavy commission etc. on sale made by friend through them, on which they charging gst @18% and this gst is claimed as input by my friend against the output liability but after adjustment there is a balance in electronic credit ledger and he wants claim the refund of that, now my question is that what should option I should select in refund application where it is asking select the refund type, i.e. it is 1. REFUND ON ACCOUNT OF ITC ACCUMULATED DUE TO INVERTED TAX STRUCTURE or 2. ANY OTHER (SPECIFY)

Pls let me have the ITC latest set off procedure in GST