Respected Colleagues,
If we reverse ITC in others in GSTR 3B Part 4(B)(2) then reversed ITC reflected in Electronic Credit Reversal and Re-claimed Statement Ledger, but in actual its a permanent reversal of ITC, by mistake we plot the amount in Others column, Now how we remove that ITC from Electronic Credit Reversal and Re-claimed Statement Ledger and treated permanent reversal.............Please give your valuable advice

DEAR SIR,

ONE OF MY CLIENT RENTING HIS 12WHEELS HEAVY VEHICLE FOR SO MANY COMPANIES. HIS PREVIOUS YEAR RENTAL INCOME RS. 407006/-(154551/87900/164555) FROM ALL COMPANIES. NO ONE HAS BEEN DEDUCTED TDS.
AND ALSO HIS UPI TRANSACTION NEARLY ABOVE 40LAKHS PER ANNUM. RECEIVED FROM RENTING VEHICLES.

IN THIS CASE CAN WE DECLARE BUSINESS INCOME U/S 44AD

YOUR GUIDENCE MUCH NEEDED

THANK YOU

Donations 1,000,000.00
Less: set apart 15% (150,000.00)
Remaning to be applied 850,000.00
Applied (300,000.00)
Not Applied 550,000.00
Now, this 5.5 lac is taxable at slab rate or at MMR ? Kindly suggest with supporting laws

I am unable to deposit ESI dues. The challan number was not recorded and during payment, the link failled and transaction was not complete.
The challan can not be generated again.
I want to know is there any way so that payment can be effected.
Please guide. Thanks in advance

Mukesh Agrawal
9438135132
mukesh3325@hotmail.com

Sir,

I have two Assets Which is Value of Rs.144000/- ( Furniture Rs.100000 and Weighing Scale Rs.44000/- i have sold of Furniture of Rs. 111000/- So Gain Rs. 11000/- So Please suggest below Table is correct for Deprecation claim or note

Particulars W.D.V. as on 01/04/2024 Deduction During the Year Total Rate of Depreciation Depreciation During the Year WDV AS ON 31.03.2025


Land & Building 100,000.00 100,000.00 - 10.00 - -
Plant & Machinery 44,000.00 - 44,000.00 15% 6,600.00 37,400.00
44,000.00 - 44,000.00 6,600.00 37,400.00

Salary A/c Dr. ( Cost of the Company)
To Employees Contribution to EPF Payable
To Employer Contribution to EPF Payable
To Employee Contribution to ESI Payable
To Employer Contribution to ESI Payable
To Gratuity Payable
To Professional Tax Payable
To TDS Payable
To Advance Adjustment against Salary
To Salary Payable
is mandatory to separately show Employees and Employers contribution of EPF and ESI Payable in books of Accounts.

Sir, Electricity security deposit interest amount Rs. 17,54,001,
in this TDS deducted 10% 1,75,400 = 15,78,601 Net interest,
In this above Net interest value TSNPDCL people adjusted with my company regular Electricity bill Rs.10,32,134, so balance -5,46,466
so how to entry pass

is Gratuity calculated on Monthly Basis and Deposited it Monthly Basis
what is method of calculation of Gratuity and Bonus.

We have many branches in all over India with gst registration. Our HO is in Maharashtra.
We are paying salary from HO to all over India's employees.
Can we are liable to adopt cross charges.
If yes under what valuation? or actual salary amount.
What percentage of tax.
Whether Sgst + cgst or Igst

Hello all,

We are tour operators. We have booked few rooms outside India for our clients (who are from India, they will go outside India next month).
we are connected with a third party who will take care of our clients overseas.
can we do cost to cost billing and charge GST 18% on mark up or we should take whole tour amount and charge 5% GST.
which will be better
thanks in advance