The Gross value of plant and machinery is Rs. 400000. As on 31st March 2009, the depreciation reserve of plant & machinery was Rs. 100000. Calculate depreciation as per SLM @ 10% and pass the journal entry as on 31st March 2010.

What will be Accounting Entry for this.??

hat Category of TDS is applicable on Calibration charges (Noise Level Meter)??Contractor or Professional??

Sir,
I am a interior contractor. i buy various materials like ply, cement, tile, steel, light electrical, pvc flooring & complete works with labrours with varied tax.
My queries to you are as follows :-
1. Whether i am eligible for ITC,when buying of above said raw materials have different HSN codes to my selling HSN codes.
2. Whether i should use Accounting head "Sale" or "Contract services" for making my invoices to Services received from me.


Regards
Rupinder kaler

I am dealing in sale of tractor and spare parts. we charge labor charges separate in sale of spare bills.
what is the labor charges entry and it is our direct income or indirect income.

I have applied for GST Practioner Registration on dated 14-04-2018 and got ARN No. AA0903180651264 But its shows " PENDING FOR PROCESSING" How many days would it be cleared

Dear All,

We have retail store of Mobiles. At present there are numbers of mobiles whose prices are more than Rs.50,000.00 Could you please confirm whether we have to generate E-way Bill when the sale price is more than Rs.50,000.00 although the delivery is made to customer at store & transportation isn't done at our end.

Regards

Shoeb

Please provide the GST Applicablity of Various service provided by Pvt Ltd Hospital to their patient by on roll and consulting doctor.

I have a salary income from my employer. Also I have an consulting income (which is with permission of employer).
I pay GST on consulting income.

While I pay tax at normal rates for my salary income, can I avail benefits of Presumptive Taxation Scheme under Section 44ADA of the Income Tax Act for Consulting Income ?

Please advise. Thank you.

Dear Experts,
We are charging Freight from our customer which is also mention in Invoice. Pls clarify :- assume if goods sold with 5% GST slab then whether Freight also will be charged by 5% or 18%

Thanks & Regards
Ankur Jeswani

Hello Expert

Private company taken unsecured loan from director and relative of director by passing Board Resolution in Second Board Meeting .
Now company plan to convert such loan into equity.

can company eligible to pass special resolution in General Meeting in respect of above loan.