Why in Financial Lease the asset is recorded at net present value instead of purchase price ? What is advantage of doing this over writing asset at market price and crediting lessor by total liability
If someone having registered under GST is running hotel having room rent arround 1000-2000 but total turnover during the year is less then 20 lacs during current financial year as well last 3 financial year is he liable to pay gst or he can cancel his gst registration ????
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CAN WE CLAIM SHARE OF LAND MORE THAN 1/3 RD IN JOINT LAND DEVLOPMENT AGREEMENT ?
IF SHARE OF LAND MORE THAN 1/3RD I.E. 60 %
GST IS PAYABLE ONLY 7.2 % (40% OF 18) IS IT CORRECT
Respected Experts
I need Format of Gift deed as gift from Father to son through cheque amount
For discontinuance of CA course there is a requirement of an affidavit duly sworn in front of first class magistrate
How to draft the affidavit?
Dear Sir,
Need FORM XXI any one filled doc for reference.
what is Format of vehicle of vehicle No. In Eway Bill.
And whether any Fixed alphanumeric No. For Registration No. while mentioning in Eway Bill.
our eduction instutute. We hired driver only for our own vehicle for 2months only, it is necessary to deduct TDS
Dear Sir,
We being a corporate client has rec’d GST notices from FY19-20 to FY21-22 regarding mismatch in ITC claimed between GSTR - 3B Vs GSTR - 2A.
Background:
The client has not updated their GSTN in our record. As a result, we have reported all their sales under B2C sales in monthly GSTR-1 return instead of B2B category.
Now on client request, we have issue them confirmation letters saying that the said sales are treat as B2B sales and enclosed all taxable invoices of respective Yrs.
Request you to guide whether client would get GST input Credit for all the Yrs?
Regards,
I would like to inform you that, I wish to amendment shipping bill number. And it's date is 21-09-2021. Now IGST refund Rs. 5.42 lcas hold in this reason.
Please reply.
Asset Value in Lease Accounting