why sole proprietors in India use a current account for their business, rather than a savings account, to avoid interest.

I don't understand why — if you account for the interest properly and pay tax on it, it shouldn't be a problem, right? I won't have a transaction every day on this account, so a savings account should be fine. I see no reason to refuse the interest if I can earn it
i am a medical professional.should i need current account ?
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If a job worker return the good after completed the work to the principal manufacture then what amt of gst charged to manufacturer .

my client is composition dealer he purchases URD purchase of rs 4500/- . can he do self invoicing and not to pay reverse charge liability...and show this purchase in his purchase.....

In the 21st GST council meeting held on 9th sep it was mentioned that mark or name in respect of which actionable claim is available shall be deemed to be registered brand name. what kind of scenario will be covered under actionable claim. please give some examples. Dal or flour Miller's who uses their mark or name on the packing will be liable for 5% GST

DEAR SIR,
CAN I TAKE GST CREDIT OF MONTHLY WATER BILL,ELECTRICITY BILL AND TELEPHONE BILL.

Dear experters, whts the new amendment about practicak training? is now cpt passed student can also start training without passing ipc?

I have filed and submitted TRANS-1. by process of TRANS-1-Credit Carried Forward- State/UT Tax
(Balance of ITC of VAT and [Entry Tax] in last return ) That now showed a 25000 rs balance in Electronic Credit Ledger . But How about another 10000 rs SECURITY DEPOSIT .... WHAT SHOULD I DO FOR THAT ??????
GSTR-1 of July is already filled on 10/09/2017.........................

Details of the Provision: If the assessee transfers urban agriculture land,which was been used by the assessee or his parents or his children for the agriculture purpose for a period not less than 2 years,and if invests the resultant capital gain in the purchase of an agriculture land,then the capital gain invested shall be exempted u/s:54B only if he stratifies some conditions. MY QUERY:One of the conditions to be satisfied for claiming the exemption is that the assessee shall hold the land so purchased for a minimum period of 3yrs. IF ASSESSEE HAS CLAIMED EXEMPTION BY PURCHASING RURAL AGRICULTURE LAND(I.E SITUATED IN NON SPECIFIED AREA) THERE AFTER IF HE SELL THE LAND SO PURCHASED BEFOR EXPIRY OF 3YRS FROM THE DATE OF TRANFER,THEN WHAT WOULD BE THE CONSEQUENCE FOR EARLIER EXEMPTED C.G AS HE DIDN'T SATISFY THE REQUIRED CONDITION?

Can anybody explain in detail the meaning of Adventure in the nature of trade...? And please, an example is requested by my side...

last date to file gstr trans1 form?