what is operating profit and non operating profit
how to calculate it.

what is operating income and operating expenses
List of operating income and operating expenses.

what is net income and type of revenue as per schedule III of Balance sheet.

what is Gross profit , Net income and Net Loss as per schedule III also.

Kindly advise if we have to pass special resolution for sale of property in case
1. Pvt ltd co.
2. Pvt ltd co if subsidiary of holding co. which is also pvt ltd co

A travel agency was charging GST @ 18% for Financial Year 2023-24 with ITC . In 2024-25 it shifted to 5% without ITC. Balance remaining in Credit ledger was Rs. 17000 CGST and 850 SGST. It was transfer of electronic credit reversal ledger. The balance is still lying in that ledger. How to permanently reverse the Credit available in the ledger. ?

Sir/Mam,
Our company is incorporated in June 2023.
We have filed AOC4 and MGT 7A in the month of Oct 24 by mentioning the Due Date of AGM wrongly as 30-09-2024 instead of 31-12-2024
MGT 7A which was filed is immediately processed, whereas AOC 4 got rejected and sent for re submission, we have filed the AOC 4 again along with clarification letter mentioning the same
And could not change the Due date of AGM in AOC 4 due to following error " Details of AGM and due date should be same as specified in MGT 7A filed " and ROC is rejecting AOC 4 again
Please suggest and explain process to solve above problem

Dear All

If holding company is taking group insurance policy of employees of subsidiary company and billing the same to subsidiary , then whether on the bill charged by Holding to subsidiary , GST is applicable?

Thanks in advance.

Dear Sir,

We have exported the goods to Korea, but they have done re-work on the goods we exported.
We are required to pay USD 32,400.00 for the rework charges now.
Can we deduct the TDS from this payment?

Thanks.

As per the Gujarat VAT Act, do we need to refund VAT ITC or pay VAT due to excess or more than the admissible limit of evaporation loss on petrol/diesel?