sir
i am raised a po from ahmedabad to delhi to supply me material and i am received goods against that PO From Ahmedabad branch of my supplier and also received invoice against that PO from ahmedabad branch of that supplier but the prob. is that my PO address and invoicing address is differ with eachother so do suggest it is ok to accept the invoice against the PO even though po address and invoice add. is differ or i have to request to supplier to issue invoice from delhi and cancel the ahmedabad barnch invoice bkz both are showing different different gst no.

Whether turnover for Q1 of F.y. 2017-18 will be included in aggregate turnover for checking threshold (100cr/ 500cr) for applicability of E-Invoicing. As specific clarification is issued for GST audits, whether any such clarification issued for E-Invoicing, if yes, please share for the reference.

Thanks in advance.

A composition dealer sales turnover rs:15 lacs in f.y 19-20.
assess sales turnover rs:15lacs profit@8% rs:1,20,000/-.as per sec 44ad

But assess profit decalre @32% rs:4,80,000/- show income tax return in f.y 19-20.
Question:
Assess high value profit decalre future any problem and same profit ratio decalre compulsory next year under i.t.act

we purchased a bus from tata motors through X-finance company is rs.20,00,000. The X-finance company paid the total amount of rs.20,00,000/- to tata motors. After Next month tata motors give a discount of rs.1,00,000/- and deposited into our bank account. so, how to post the ledgers? please

We are transporting goods by hand van of value of Rs400000/ . Is it mandatory to generate eway bill? Please advise. We are transporting our purchased goods by 3 to 4 vans daily and value is almost 16 lakhs. Pl advise urgently.

Please inform me the taxable Income & Tax :- FY 2019-20
1. GROSS SALARY [AS PER PAY SLIP] - 266729/-
2. LEAVE TRAVEL ALLOWANCE - 14200/-
3. INCENTIVE - 60000/-
4. MEDICAL REIMBURSEMENT - 9284/-
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PROFESSIONAL TAX - 1700/-
PF - 19155/-
MEDICLAIM - 15000/-

Can anyone explain the treatment on sale if depreciable asset (p&m) and stcg arises
Where the asset is used in business and claiming sec 44ad
What is the treatment and how it should be shown in itr 3 and in which schedule it has to be shown?

I have no purchase sale during fy 2019-2020 in my properitorship firm whose propritor is huf. Ihave interest income of Rs200000/ in my huf firm. Ihave loss of Rs4000 in propritorship firm. How can i show loss of 4000 in balance sheet without passing entry in profit and loss account. Please advise in details.

If I show my entire LIC Commission of 2,50,000/- as income, then also, may I liable to maintain account u/s.44AA and fill Balance sheet and Profit and Loss a/c in ITR 3 ?

Hi,

One of my friends is getting about Rs 22-23 lacs being directly paid to a foreign university by her maternal uncle (Mausa Ji), there are two question regarding the same
1) What would be the tax Implication in the hands of my friend
2) Will there be any Tax Implication upon the maternal uncle himself
will provisions of 56(2)(X) be applicable.