Dear Experts My friend purchased vacant land in Acres after some time he converted the same in to residential sites and sell to individual parties. My query is whether these transactions covered under GST Regim. If So, please provide the details. Thanks in advance.

Dear Experts,

In which cases Company can waive the Requirement of Advertisement in News Paper for Issue of Duplicate Shares?

We are Basically Engineering Advisory Service and Dealing with Government and Semi Government Departments. as we raised bill of Above Mentioned Service Which attract 18% GST. But Department are not Providing UIN of GSTN Number to us.In that Case what will be Supplied Will Called as B2CS & B2UR

Can we claim GST input for international hotel booking and international flight booking made via MakeMytrip?

If a register dealer did not claim GST in their issued invoice , what the effect will be created in favor our for accessing service from this dealer. Like, A Land lord did not claim GST of room rent in issued invoice and utility bill.

We are already filed for JULY'17 - GSTR-3B. But, 3- JULY purchase bills missing for our calculation. what is the solution?

Hello,

Can a Practicing Chartered Accountant or a Partner of a CA firm act as a Executive Chairman/Working Chairman of Public Limited Company ?

Please Reply ASAP
Thanks in advance

pls give me detail I am getting fail since 5 attempts I am in depression

Dear Sir,

We need your precious help. An ancestral 6 storey building. It has been shown in the balance sheet of Private Limited Company (Trading Company) since 1960. The Private Limited Company has been availing depreciation for the same building in every year. Being an old and ancestral building, it does not have any record like date of purchase, value of purchase etc. In a word, there is no document which shows its present value as well as past value. The building is situated in Kolkata and its document of Corporation Tax is there. Whereas, tenants are there and rent and maintenance charges, collected from the tenants, are being shown as ‘Income from House Property’ in company’s P & L A/c.
Now, the matter of concentration is that in the Financial Year 2016-2017, a portion of a floor of this 6 storey building has been sold out near to rupees 1.05 crore. As, yearly depreciation has already been taken, the sale can’t claim the privilege of ‘Capital Gain’. So, if the sale amount is directly taken at the credit side of ‘Profit & Loss Account’ as an Income, then the Payable Income Tax Amount is becoming near about 30 Lakh which is quite a heavy amount for a Private Limited Company whose turn- over is 8 Crore. Further to say that in the same year a repairing expense near about Rs.50 Lakh is incurred in order to repair another floors. Can this expenses be adjusted with the above mentioned sale amount subtracting directly from total sale amount or putting the expenses at the debit side of P & L A/c ? So, please advise mentioning the ways how can we reduce the amount of Tax.

Regards,
Subhadip Acharya

HOW TO DO JOURNAL ENTRIES IN CASE OF GOODS LOST BY THEFT. AND INSURANCE CLAIM IS RECEIVABLE IN NEXT YEAR.
WHETHER INPUT CREDIT WILL BE REVERSED.