Dear Sir,

Few Sundry Creditors balances show in Dr. Side in books of accounts as on 31.03.2022 because we have paid advance for purchase of Goods. So needs to Pass the entry in books of accounts so Creditors balance not Show in Dr. Side

Entry in books of accounts as on 31.03.2022

for example advance to ABC Sons ( Balances as per books) Dr. Current assets
ABC Sons Cr.

Entry in 01.04.2022
ABC Sons Dr.
Advance to ABC sons Cr.

Hello Experts,

I am trying to file annual return for a Composition GSTIN for year 2020-2021, but the total of its quarterly turnover does not match with the annual turnover displayed on the dashboard. Kindly suggest what should i do?

want to get ready draft of reply to notice u/s 272A(1)d I.T.Act 1961 AND u/s 270A FOR DROPPING PENALTY

What is the Procedure (Steps to be followed) to pay duty under protest against an Order in Original, if the Importer has decided to Appeal the OIO under Customs Act/Rules? .

Sir,
A registered dealer purchase of medicines from another registered dealer transaction details mentioned below
Dt:6-9-22 purchase of medicines value rs:4000/-
Dt:10-09-22 purchase of medicines value rs:2000/-
Dt:16-09-22 purchase of medicines value rs:7000/-
Dt: 22-09-22 purchase of medicines value rs:8000/-
Question:
Dealer purchase of medicines total value rs:21000/- dt:30-9-22 single tax invoice issued by selling supply dealer accepted in gst act.

Hyy, i want to know that how insurance and its taxation working in Bike showrooms , from buying it and when bike owner withdraw his insurance for various reasons. can someone explain with examples please.

PARTY - A FROM GUJARAT & PARTY - B FROM KARNATAKA
1. PARTY-A BUY FROM PARTY-B "COMMERCIAL GAS" CYLINDER
2. NOW PARTY-A WANT TO SEND THOSE "EMPTY" CYLINDER FOR REFILLING TO PARTY-B
3. VALUE OF GOODS IS 34000/- BUT NOT FOR SALE
THE TRANSPORTER NEEDED E-WAY BILL. So, QUERY WAS 1) WILL PARTY-A SENT THOSE GOODS WITH DELIVERY CHALLAN? 2) E-WAY BILL WILL CREATE WITH ZERO VALUE ?

I have filled ITR for the years 2021-2022 and 2022-2023 on behalf of my father as approved by Income tax department as his legal heir. He had refund for both the assessment years. Now I am unable to get these refund in my bank account, even refund reissue failed. ITD asking for a account link with the PAN of my father but all of his account deactivated. Kindly guide about the rules.

Respected Sir ,
Is tds to be deducted on Remuneration Paid to Partner

2nd Question:
There are 5 doctors (Active partners) in Partnership Firm (Hospital)
Partnership Firm Paid Remmuneration to each Partner according to law, But also also Pay professional services amount and deduct TDS u/s 194 JB
Now My question , Weather Partnership Firm pay any amount other than Remmuneration to Partner ??

Sir,
Mr.A trading of cloth business composition scheme registered in gst act
Sales turnover rs:48 lacs composite tax paid f.y.21-22
Another income rental from commercial property rs:1,20,000/- .but dealer rental income receivable head show in it returns f.y.21-22
Question:
Dealer receivable rental income from commercial property gst applicable.