What is the journal entry for commission Paid for purchase of Land?

Dear Experts..we got issued LUT for zero rated supply in February 2019 for contract work from SEZ. Our contract work was completed in March but Bill could not be handed over to the party as they said that we will accept Bill after inspection work is done but they didn't do it before 31st March 2019. We have already filed GSTR 3B of March 2019 and they completed their inspection work in April. We didn't show the Bill which was raised against LUT in GSTR 3B of March. Can we now handover Bill to them of April date with mentioning LUT which was issued in February 2019?
I am asking this question because validity of LUT remains for one financial year which ended on 31st March 2019.


Thanks in advance

If your salary is 40000 in that Basic is 30000, HRA 5000 and conveyance 5000 and deduction will be PF 2000 and TDS 2000 So what will be entry pass in books ???

If net profit is 60,00,000 and we have paid advance tax Rs.5,00,000 then provisional for tax what in balance sheet at time of making ???

Dear Friends
A non profit organization that is registered as AOP (association of person) has employed some security guards and house keeping staff through a man power supply agent. Total man power supplied not more than 20 and raise GST invoice on monthly basis.
Whether the man power supplier need to comply with PF/ESI ? also state the legal liability on the organisation in this case?
REgards

Dear Experts please advise

We are doing recovery of some amount from our Vendors or Transporters or Employees against related losses.

Please advise what should be the accounting treatment to book

1. Should I net off / reduce the related expenses
2. Should I show these recoveries in Cr/Income side in P&L as 'Recovery from Customer/Transporter/Employee" under group other income

If in a company on 31st march there was a share application money pending allotment but before signing of the balance sheet in may share were allotted against the share application money. Then as per Ind As how and where the application money pending allotment is shown.

Dear All Experts,

Question about the books of account of the company and other entities.
The company was following the Financial Year April to March.
Why does the provisional expense entry in the company books in March?
The date of the bill is in April and the expenses have been booked in the month of March.
I know what the expenditure is in the relation of the month of March.
But I am having this question repeatedly in mind.
Is there any income tax act behind this?

Please response your valuable.

Thanks & Regards
NK

Respected Sir's

As per above stated subject I am working in a Partnership Firm as an accounts position.
Two partners started working as a partner through partnership firm.
One of Partner paid the amount through his saving account for purchase of goods from vendor.

So please tell me how to treat this entry for capital account as well as payment made to vendor.

Regards
Ashok

Hi all,

Is it mandatory to have Plan Assets for employee benefit (Leave encashment)?