Hello sir/Mam,
I want to know the treatment of inventories/opening/closing stock and creditors in the balance sheet for Tent house(chairs,tables,crockeries,fan,lights,etc) rental services provider.
Also these items would be considered as inventories or fixed assets nd depreciation applied to them if asset.

Error in establishing connection with TRACES Websocket Esigner. Please ensure that WebSigner Setup is installed and service is running on your machine and there are no proxies enabled on the browser while doing DSC activities

While doing with DSC request for correction the above message appears on screen. Please guide me and oblige.

How to show turnover details in GSTR 9C. As per Gst law turnover of Commission agent (arhtiya) is value of I form issued ie sale value (advance rulling is also recognising sale in this case). And as per Income Tax Law turnover of a commission agent is commission earned on sales. TDS was also deducted U/s 194 H on commission.

How can we justify our turnover while filling GSTR 9C and also in Tax audit under income Tax Act.. Are we liable to tax audit under Income Tax Act considering Sale as per GST returns filled.

Thanks

Raj kumar Goyal

we are in construction business. allotted 1 flat to a party A. he paid us total sale price. now he selling the same flat to mr. B. Here final sale agreement will be between builder & mr. B.
1. Can we to triparty agreement stating mr. A as confirming party ?
2. what is the accounting treatement in books of accounts?
please guide.

DEAR SIRS ::: PLEASE LET ME KNOW ::
(ONE) WHETHER 1) SALES / COMMISSION AGENT 2) TECHNICAL CONSULTANT ARE COVERED UNDER RCM IF THEY GIVE SERVICES WITHIN STATE AND INTERSTATE or THEY HAVE TO OBTAIN INDIVIDUAL GST REGISTRATION AND CHARGE ACCORDINGLY

(TWO) IS TRANSPORTER IS REQUIRED TO BE REGISTERED UNDER GST AND UNDER WHAT CIRCUMSTANCES HE IS EXEMPTED TO "NOT TO CHARGE" GST ON INVOICES

REGARDS

Mr A has 2 house property in same city (house and apartment). as per the budget 2019 an individual can claim 2 houses as self occupied property. While filing the return income tax return utility is giving error when we show both the houses as self occupied

How do I show it in ITR 2.

Dear sir,

As per AS-13 all long term investments are valued at COST unless there is permanent diminution in value.

What is the year end accounting treatment for long term investments in mutual funds by private limited company (INDAS not applicable)

What is the accounting treatment for mutual funds as per INDAS

Thanks & Regards,
SAI KUMAR
+919642414296

Mr. K, a qualified professional, from Surat, wishes to subscribe Rs. 10.00 lakhs to the Vay Vandan Yojana run by LIC, in the name of his mother, aged 70. The pension derived from the scheme will be credited to the bank account held in the name of mother and the money will be at her disposal for spending as per her wish & will. Will this attract the clubbing provisions? This does not involve "transfer of income without transfer of asset" because the money will actually flow to LIC. The money will come back to the subscriber in the event of the mother's demise or at the expiry of the Policy term.

Will there be a difference if the bank account is opened in the joint names of the mother (as the primary account holder) and the son?

DEAR SIR/MADAM
who will filed GSTR-9 AND GSTR-9C FOR FINANCIAL YEAR 2018-19 ????
How many turnover required for GSTR-9 AND 9-C for financial year 2018-19.

please reply the same.

I shall be very thankful to you for the same.

We did not file ITC-04 return for year ending 2019-20, All return i.e GSTR 1 & GSTR 3B filed for the year 2019-20.
My query

can we file ITC-4 for the 2019-20 in recent year.
we never mention challan in GSTR 1 we send for job work
Is there any penalty or interest for not filing ITC-4.
we received tax invoice for job work and w took all itc for the same..


Please help us