If one company have unit 1 in Ludhaian other in HP. Unit 1 trf. machinery WDV Rs. 15,00,000/- trf to HP unit for Rs. 20,00,000/- under GST. Then unit 1 will book profit on sale of machinery and unit 2 will book the machinery at cost rs. 20,00,000/-. whether this treatment is coorect as per accounting ? please suggest

Sir/Ma'am,

Whether supplier state or Recipient state receives the GST revenue in case of Interstate supply. I knew that 50% will be taken by central and what about remaining 50%

A supply made from Bangalore to Hyderabad Invoice value is Rs. 1,18,000/-(Value of supply1,00,000+18,000 )
Central Govt takes 9,000/-
Who will take remaining 9,000/- Whether Telangana or Karnataka?

​ We had received total advance of one lakh from many unregistered persons in September 2017 for organizing yoga shivir in March 2018. We had paid GST on advance in September 2017 GSTR 3B return. In March 2018, Shivir was cancelled and we had refunded total one lakh to all unregistered persons. We had not issued any invoice. Now we have to file GSTR-1. Please tell how to show advance refunded in GSTR-1 ...? How to get refund of GST paid and how it will show in our cash ledger...?

Dear Team,

Currently I m doing Job with bank as credit Manager , i m single and qualified CA and CMA , 2.5 year job experience , Earlier worked with Rcom and ICICI bank.

Currently Very confused between Job and Practice ?

Please Provide suggestions

Hi everyone, While going through annual reports of some companies, i have noticed that the amount debited from profit and loss statement for provision of doubtful debts is less than the actual provision created( as seen as a deduction from trade receviables). I wanted to know what are the possible cases when such a thing can happen.

Thanks.

In tally schools account admission fee and other fees should be enter in which voucher,
I firstly entered it in sales voucher and when payment received I pass in receipt voucher. But when i take admission fees as direct income in ledger this entry is not pass in sales voucher that should i do.

Our one company in USA which is S-CORPORATION BY ONE BROTHER.PARTNERSHIP FIRM IN INDIA BY ANOTHER BROTHER. NOW WHAT IS THE IMPACT OF INVESTMENT MADE BY USA COMPANY IN PARTNERSHIP FIRM IN INDIA IN EVERY ASPECT. WHAT TO DO FOR THAT.

EMAIL ID : mkpandya10@gmail.com

for 17-18 assessment year i filed a company return . the company has not yet commenced and there is no Profit and loss account . noe dept is asking me to rectify the return by filing P&L account. what is the solution

Our Company ABC Private Limited is struck off company and petition for revival under section 252 of Companies act,2013 is pending before NCLT. Time limit for CODS, 2018 has passed. Even if company is revived by NCLT then also directors will remain disqualified or disqualification will remove if company is revived by NCLT .....? NCLT has a power to revive company. Does NCLT has a power to remove disqualification and order activation of DIN ......? Does directors have to file writ petition before High Court for removing disqualification after revival of company by NCLT ...? How DIN will be activated..?

bill to another state to a unregistered person and ship to own state, which tax applicable cgst+sgst or igst. please suggest