Sir,
We have booked the invoice on 01.05.2017 for base price Rs.1,00,000/- plus ST @ 15%
However that contract has cancelled & we raised credit note now for the same base price of Rs.1,00,000/- plus GST @18% what is the accounting treatment for that 3% excess value due to raising of credit note?
Please do the helpful,
Regards,
Kiran.

Hello sir,
I Have a query regarding valuations of investments made in different companies, which further gone into losses, but actually the turnover of the company increases due to those investments in other companies.
So now how Companies can safe those investments from writing off and how can we value those intangible benefits.

I own sole proprietor firm,i have purchased vehicle for personal use in name of my firm so can i claim ITC under gst if no then what entry to be passed in books of accounts.

Dear Experts,

Which ITR to choose if a person getting salary income and income from car rental for which TDS has been deducted under section 194C.
He is also getting pension from military.
Please suggest.
Thanks in advance.

Hello Everyone,

Got a mail from CTO Department requesting Revenue details for the period July 2017 to Feb 2018 with corresponding period VAT+ CST Collections.

Requesting to please guide on how to fillup the sheet.

As per my understanding 

Monthly SGST Revenue details should be given 

My doubt is SGST collections should be total wise or breakup of each and every sale.

And what reasons should be given if there are any differeces.

Thanks!

Download report from below liNk:
https://drive.google.com/file/d/1qUGJTyEEFZGRBXcXB2zcC3r1DclrY4r9/view?usp=drivesdk

Dear Experts

Kindly Provide Deprecation Rate of below items

Furniture & Fixture
Coller & Fans

Computers
Printers

Thanks

When consignor sends goods to consignee at invoice price , why does the consignor does not want consignee to know the actual profit made my him?

Sir,
Company intend to take all staffs for picnic. Expenses incurred for Resort and GST on it can be claimed ?
Please let me know
thanks
Vinod

Dear Experts,
Mr. X is my brother. And I have taken loan of 60 lakh. bank has deducted Mr. X loan's of 20 Lakh and rest 40 Lakh was credited in my account. However Mr. X will not return/give 20 lakh to me. Pls let me know the complete accounting treatment.

Thanks
Rishu Jain

Sir,

We do not have any purchase & sale transaction for the last 5 months. We are filing nil return GSTR-3B month on month. Just wanted to know is it necessary to file GSTR-1 when we wanted to file it is saying no transactions!!
Please reply sir
Thanks
Vinod