what is the gst treatment in sale of fixed assets by way of cash at the time of closing of business
Hello Experts,
as per RBI circular clause 4.2.5 Upgradation of loan accounts classified as NPAs
If arrears of interest and principal are paid by the borrower in the case of loan accounts classified as NPAs, the account should no longer be treated as nonperforming and may be classified as ‘standard’ accounts.
My question: if partial amount is collected in NPA account and reduced to less than 90 days overdue period, then the account will be treated as standard or still will be in NPA??
Advance amount received from Insurance company against flood loss claim against the full claim amount yet to assessed. what will be accounting treatment?
DEAR SIR, MY MOTHER IS SUFFERING FROM GLUCOMA AND HER EYE SITE IS ONLY 10%. SO CAN U CLAIM I TAX DEDUCTION U/S 80DD. THNAKS
Read more at: https://www.caclubindia.com/experts/deduction-u-s-80dd-2774589.asp
what is jurisdiction of residence of marhent navy who is non-resident technically? In ITR 2 - option given apart from other countries are - india, others , not residence of any country. Also required TAN number / passport details.
Can we choose - india or others and in place of TAN/ passport details - not applicable??
Pls let me know the procedure to close AOP ?? it is also registered under society act and under 12A income tax
We have a vehicle which is used for delivery of goods & it is shown on business account. So, can we get ITC of GST on insurance bill of that vehicle
IF I FILE GSTR-1 FOR THE PERIOD OF APR 2018 TO NOV 2019 ON 11.01.2020, WHAT WILL BE THE LATE FEE?
THE DEPARTMENT HAS CANCELLED REGISTRATION DUE TO NON FILLING OF RETURN.
ASSESSEE HAS NOW FILED ALL GSTR-1 & FINAL RETURN 10 BUT HAS NOT FILED GSTR 3B. NOW THE ASSESSEE IS LIABLE FOR LATE FEE ON THESE OR NOT
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Sale of fixed assets