Hi

We have purchased Laptop. Recently we have decided to make payment for extension of warranty.
Is tds applicable

Trust name is GOPI KRISHNA MEMORIAL Society. Under this trust Greenfield international school is running. In Audit report how to disclose the school.Q.2 Does school require separate Bank Account or not?

Dear Sir,

I am a Tour Operator.
My query is
1. Suppose I received rS.50000/(Air ticket+ hotel+Vehicle etc+including Margin) from Client for Total tour package. will I raise Bill on Rs.50000+5% =52500/- or Rs.47619+2381=Rs.50,000/- .(no itc)
2. I take car and hotel service for Client from unregister. can i liable to pay tax under RCM??
3. can I charge 18% GST only Margin??
4. Please explain Billing Formate regarding tour operator
please reply as soon as possible
thanking you.

Dear Sir / Madam

I have successfully filed the TDS Return for fourth quarter for fy 2017-18 and downloaded Form 16 for the same. Now one of the employees submiitted proof for deductions under chapter VI after filing of Annexure II and he wants to be shown in Form 16. There is no change in Tax payable. But the only thing is he wants correct Form 16 . Now the institution wants to accept his request but only one query is there whether it will be allowable the difference in details of Form 16 for deductions in Chapter VI with those of details filed in Annexure II of quarterly tds return Q4. If this is allowable and institution has no problem.

Pl reply

A paid B an amount towards refund of loan and interest from period Apr 17 to Mar 18. A Paid B the last installment (which comprised of interest in Apr 2018). B has not yet filed the return for FY 2017-18. B is an individual. B wants to know whether the payment made in Apr 2018 is to be included or not while computing tax for FY 2017-18.

it is mandatory for a banking company or a cooperative bank to report cash deposits aggregating to Rs 10 lakh or more in a financial year, in one or more accounts (other than a current account and time deposit) of a person to the Income tax department .my query if the deposited cash more than 10 lakh is accounted (white) ,can IT department create any problem ?

Sir,

Mr A came from delhi to jharkhand stay in hotel bill Rs.10000 .Mr.A said send bill in favour of our co. Name pqr ltd in Delhi.IGST WILL APPLIED?

Invoice
Bill amount. 10,000
IGST. 18%. 1800
Total. 11,800

Is it correct?

GSTR-1 jason file uploded & processed on GST portal but no data showing in GSTR-1 now what can i do

Thnaks

i want to know which entry is correct totally confuse please tell me journal entry of prepaid expenses for my point of view is

Prepaid Rent A/C DR
To Bank
(exp paid in advance)

Rent Exp A/C DR
To Prepaid Rent A/C

The net effect of entry is

Rent Exp A/C DR
To Bank

but the correct entry is

Prepaid Rent A/C DR
To Rent A/c
how, can any one explain when we paid exp in advance then bank account should be use as above i mention. please explain the step wise because first we paid exp in advance and then in future we received invoices shoe both the event/transaction.

Thanks
Sanjeev Kumar

R/Sir,
My Query is :- if vehicle delivered in the name of customer with insurance policy and to that vehicle a job work has been carried out like ac fitting from other vendor , which is build along with vehicle to the customer as a complete invoice (i.e. vehicle plus ac fitting) than e way bill generation will be required at the both the times (i.e. at the time delivery in the name of customer and final billing of vehicle fitting with ac)