Sir,
It Assess accounting books outstanding balance as on 31-03-20.
Cash loan from friend balance rs: 5 lacs.(name Mr.A)
Cash loan to friend balance rs:4 lacs(name Mr.b)
Cash loan from friend Rs: 5 lacs balance cash loan to friend Rs:4 lacs Contra adjustment accounting entries passed in books as on 31-3-21.
Question:
1.Assess above contact accounting transactions allowed in it act.
2.sec 269st or 269ss applicable

have a value of Rs 101735.6 ( which includes GST 12% & after deduction TDS @7.5% )
need to know the invoice value

Sir
PF contribution for an year includes the following
1.Monthly voluntary contribution.
2.Compulsory contribution as part of Pay revision.
3.Annual Interest Added to the Fund.
Is there any exemption for the above contribution for calculating the interest

Credit Notes were issued in December 2020 with CGST & SGST. Correct reporting was made in GSTR 1.

However, there was no intra state sale in the month of December 2020 hence no adjustment could be made in GSTR 3B because the outward lability column of GSTR 3B does not negative figures.

Now we will be filing return for March 2021. How to make this adjustment pending for GSTR 3B. We still did not make any intra state sale in March 2021.

I want to apply for PTEC registration of partner of firm...But while entering the PAN in temporary profile, it is showing me PAN already registered with active TIN...If i entered the details in REgistered Dealer menu, still it is not allowing me for registration , giving the error "Active profile already exist for PAN with another TIN"

Please guide

Please highlight on interim dividend(recivable) declared by the other company after the closing of accounts on at the end balance sheet date.
kavan ltd has declared divdend on 10th may 2017 for theyear ended 31/3/2017, which is approved by shareholdersin AGM meeting held onn 30th june 2017.
how to report it in the books a investmnet company that has invested in the kavan Ltd.

My father , mother and sister want to gift me money every year for supporting me in my business , i am income tax assese (My Firm books is audited every year by my ca )
and they all are also , 1)
is which money they gift me is taxable or not ?
2)
is these banking transactions are attract to fix scrutiny cases ?
Kindly clear my these 2 points

sir, on payment to karate trainer by an ngo, whether tds
is required,
at what rate,
is it a payment for profesional/technical service,
under which head, sub-head n catagory for preparing challan.

A small business person projected turnover details mentioned below as on 31-03-21.
Sundry creditors :2,00,000/-
Sunday debtors :1,50,000/-
Closing stock Rs:3,00,000/-
Capital Rs:3,00,000/-
Cash on hand Rs:50,000/-
Projected sales turnover Rs:30,00,000/-
Question:
A person how much cc loan eligible from bank for turnover based.

A composition dealer cannot supply exempt goods. But whether can he supply exempt services. I believe there is a recent notification to this effect. Please clarify