Sir, I am a fresher. I want to know in hospital what items we use from starting of business. Where to be post in the books if account. Eg. Land purchase, steel purchase, sand purchase, bricks purchase. Cement purchase, construction charges paid, labor charges paid, transportation charges paid, paid for painting, paid to electrical, paid to carpenter, paid plumber etc., Where all these expenses to post
in which account.

Please let me help.

Sir,
We are registered dealers in GST and have received notice from GST department that ITC claimed in GSTR3B for is more than credit available in GSTR2A and balance needs to be paid. Is it valid? For our knowledge, from 01.10.2019 onwards credit in GSTR2A is mandatory. Should we pay the amount? Is there any remedy? Please advice.

Thanks in advance...

Hi,
I am a Business Owner. And provide a warehousing service in Bhopal. I need to know If I have paid GST on the Purchase and installation of Weighbridge at my Warehousing site. Can I claim a return on such a purchase or a ITC when I charge the GST while weighing incoming vehicles at my warehousing site?

I Hope someone can help clarify this query. And recommend the right course of action.

Thank You.

One of the company had filed last annual filling for FY-2002-2003. After that company was strike off due to non filling in 2017. In 2018 NCLT had passed order to activate the company. Now in that company there were 2 director in 2002-2003 out of that 2 director one director is dead and DIN of another director is not added on MCA website so we can't file ROC forms. My question is how i can approach ROC to include name of that 1 alive director on MCA website as director of company for filling form? Any documents required for it?

Dear sir,
I have one doubt regarding gratuity exemption.
In our organisation some of employees are joined in middle of the year and submitted form 12B of previous company for computation of tax liability on estimation/actual basis, and that employees also received gratuity . At the time of full and final settlement of employee in previous company gratuity exemption also claimed under sec 10(10A).whether exemption claimed is correct or not before retirement or death.


Thanks in advance
Regards
BHEEMA REDDY.

Sometimes due to accidents and deaths people receive ex gratia from Government. Is it taxable as per Income Tax Act , If yes under what head ? and what is the Tax Rate

Hi Everyone ,
M/s A Ltd a registered dealer in Maharashtra , placed order to M/s B Ltd a registered dealer in Chhattisgarh for purchase of goods to be delivered to M/s C Ltd a registered dealer in Telangana .
In this transaction M/s B Ltd has invoiced the goods to M/s A Ltd with Consignee as M/s C Ltd and issued a bill to ship to ewaybill.
Now whether M/s A Ltd is required to again issue a ewaybill in favour of M/s C Ltd for supply of goods. As the goods are delivered to a distinct person and in a different state.

Thanks in advance.

MR.X earned business income rs 250000 and interest from firm rs 100000 as well as capital rs 15,00,000.
query is
1.whether i have to show interest from firm in PL credit side?
2.do i have to entry direct while computing the income.
3.can i enter 15 lacs as investment in BS?

Sir,

We are yet to submit the March 20 3B return.

We have received a debit note from our customer towards sales return in March 20 and the total GST amount involved in that debit note exceeds the output tax payable by us for that month ( without adjusting the ITC ). Shall we adjust the balance amount of GST pertaining to the Debit note in the Month of April 20, since the Financial year changes ?

Further, If we adjust the entire GST payable through 3B return against the debit note, can we show Nil value in the Table No. 3.1 in the 3B return, under the " Taxable turnover " column ?

Pls. advice.

Hello all,
A person say Mr. X and his wife say Mrs. Y are filing regular income tax return each year. Each are having separate income of their own. They have child Mr. A who is just 3 years old. They have executed Bank Account and FD Account in the name of Mr. A and there is regular source of Interest Income generated in the name of Mr. A. Now Income generated in the name of Mr. A should shown in which form under Income Tax. Also whether the Income of Mr. A shall be clubbed with the income of their Parents? If Yes, than under whom shall it be clubbed i.e. with the Income of Mr. X or Mrs. Y.?
Please Guide..