When a proprietorship concern is converted to Pvt ltd company, what will be the accounting treatment of carried forward loss of sole proprietorship concern?
Will it be shown in P&L statement as a loss or Balance sheet as a negative capital Reserve?

Hello Sir,

I have a flat in noida and occupation certificate of the same is received by the builder . I received a possession on fit out basis. Can I claim the interest paid under section 24b of income tax for preconstruction period .

Dear Sir/Madam, Please inform the GST percentage for Cotton Cloth Bag on 1-1-2020 onwards

Thank you

Can amendments be made to invoices uploaded of FY 2017-18 now in Feb-2020?

Is there some time limit for such amendments?

Dear Sir,

Please confirm the below.
Do we have to pay GST on advances received in mulitple times in 3 or 4 months for wedding in hotel. I am working in Hotel. Here, Wedding group books n number of Rooms and Restaurant for Wedding and they pay advances for booking . If we have to pay GST on advances then what is basis for calculation of GST. Sometimes there is major changes all the time and while preparing final bill there is always variance between final bill and GST paid on advances. Please guide.

Dear Experts ,

If CSR Expenses we have booked in books of account and not spend in full financial year but gradually spent in next financial year whether it will be eligible as CSR expenses need expert advise

Respected Sir,
I have filed TDS & TCS Credit Received but my electronic credit not showing any credit.
Please reply

Is there negative vallue allow in table 7 of gstr1 (b2c small).due to large number of sales return from unregistered buyer we have negative vallue in b2c.

A hotel registered in odisha.Apart from providing accommodation service, the hotel also provide tour package sale to another tour and travel agency who is registered in u.p.what is place of supply? Whether hotel will charge igst on the bill issued to tour operator of u.p?

A hotel(registered) is situated in odisha.Apart from providing accommodation service,the hotel has tour and travel agency which provide tour package to u.p (registered).What would be place of supply?In this case whether hotel will charge igst on its bill?