Dear Expert,
As per IT Act, under section 40A(3) the payment made through cash above Rs.10000/- is disallowed for any expenditures. Can it allowed, If cash payment show in advance (As loan in someones account) and adjustment entry will pass for the same expenditures which is above Rs.10000/-.

Pls. suggest the accounting treatment for cash payment except the payment mode by cheque, demand draft, NEFT etc.

HELLO SIR/ MADAM

GST 3B NOT FILLED BY ME FROM GST REGISTRATION , AUG 2018
PLEASE SUGGEST ME

Hello friends
Can anyone please answer if GSTR 9C has to be filed for a charitable trust which is running educational institution and also a canteen for its students for which GST is being paid at 5 %.

Sir,
I am a retired person from Indian Oil Corp. a PSU. Please help me for following doubts:

1. I am getting a Monthly Pension through the LIC Annuity, created by Ex employer,based on Super Annuation Benefit Fund (SABF) made up of employee contributions via monthly deductions from PF while in employment, till retirement.
2. Monthly pension under EPS-95 scheme from EPFO from the 58 years age.

In additions I have interest from some FDs/NCDs and some Capital Gain/Loss. So I am filing my return in ITR-2.
Please guide me if I can show the two pension receipts in the Salary Schedule SCH-S and can claim Std Ded of Rs 40000/- .

And how to show both the pensions in SCHEDULE-S in the samene ITR, as you can not add rows there.

I Shall be grateful for your valuable expert advice.
With kind regards and Thanks,
S K KAUSHIK
MAIL:- KAUSHIKSKMK@GMAIL.Com

Dear Sir

We purchased goods worth rs 10,000/-
freight rs 1.250/-
gst charges @ 18% on 11250 = Rs 2025/-

how can i take input
separately on goods and freight
how to enter in tally

Thanks & regards
srinivas

How to pay the liability of CGST SGST IGST with each other ? Whether anyone can be adjusted with any one ? or whether some rule is there for setting-off the liabilities ?

Indian co. having case in china on custom duty hired a Chinese law firm for case settlement, made payment to that firm without deducting TDS. is it legal???
Please provide provision regarding this in income tax act...

One of my client has opted for composition scheme since he is doing trading in purchasing & selling computer and mobile accessories, along with that he is also engaged in recharged business(recharging mobile phone). My question how can i treat this recharge business while filing GST returns? Where it has to be shown? And whether it should be shown or ignore from GST point of view?

Awaiting for Reply.
Thank You.

no tds from salary is deducted for some employees as their yearly total income is below Rs. 2.5 lacs. How to issue Salary certificate for them ? whether on simple printed form 16 Part B is sufficient writing by hand or salary certificate should be generated from System like the persons whose tds is deducted from the salary. What is the correct procedure to issue form no. 16 to employees whose TDS from salary are not required to be deducted?

is tds is application on central warehousing corporation or not