Dear Sir,

Kindly answer the the following query.
On 01/04/2014 Received an amount of Rs.200,000 as Rent Deposit from a tenant. After 3 years, the tenant wants to vacate, and we have refunded Rs.175,000 to him after deducting Rs25,000 for Cleaning, Maintenance, Whitewash etc..
Now the entries will be,
for receipt : Bank A/c Dr
Rental deposit a/c Cr (under Loans & Advances)

Please tell me what entry have to pass for Payment(Advance refund).

Thanking You.

Regards,

Sasidhar

Sir, who can file GST e-Return? Is the Practioner compulsory to file the Return or any GST tasks?

Dear Mates,

I'm a new startup of proprietorship firm (Registered Under Service Tax / GST / Turnover 15 Lacs) and want to know is Serial Numbering on Invoice will be compulsory? like INV0001, INV0002, etc.

Because till now I was use to send based on customer's UID such as:

Customer UID: 785881
Invoice No.: INV/785881/1, etc.

So what can do? Because I'll get business if I use INV0001, etc. because then customer will be able to see I don't make business.

Looking for serious help. Thanks

Sir, If llp/partnership firm holding more than 50 % shares of ABC Ltd then whether llp/partneahip firm is required to prepare consolidated Balance sheet as per AS -21 or have to give treatment as per AS - 13 ? Assuming that llp/partnership firm falls under level 1 category.

What is the GST rates for silk sarees Manufactured through Power looms

1.What is the GST rate for bread,tost,khari and cream roll? and HSN code

1.What is the GST rate for bread,tost,khari and cream roll? and HSN code

Hello All
I would like to take advise on the tally file. One of my file in tally 9 is not showing on the Gateway Menu, but the file no is visible in the data folder. I am not able to understand the reason. Pl help me out. I think it is corrupted but while scanning it has not shown any problem. Pl advise.
Sincere Thanks.

All Dear sir i want to know we are in wholesale lense business and turnover is under 20lac and we purchase lense outside state .then should i have to take gst registration ?

sir I want to know whether is it necessary to create two separate account head for input tax and output tax. or is it okay if we maintain in a single account head like 14.5%tax instead of 14.5 input tax and 14.5 output tax