Good Afternoon Respected all,

I have a query for making journal entry of GST as below.

feb-19
OUTPUT CGST 9344.68, INPUT CGST 19686.67= ITC 10342
OUTPUT SGST 9344.68, INPUT SGST 19686.67= ITC 10342


If i have ledger of CGST Payable & SGST Payable & Output CGST & Output SGST & Input CGST & Input SGST then how should i make the entries. how many entry will be done????

Please reply .

What is the tds rate on film distribution shares as per applicable from April 2020.

sir,
if a person(individual) registered under gst but billing very less in previous year and now wish to show OTHER SOURCE INCOME head (other Misc. income, not billed in gst)
Example:- PY GST Sale Rs 66500 net profit US 44AD Rs 6000
others Misc. income Rs 3,00,000 + 419 (saving interest)
ANY TECHNICAL ISSUES? PLEASE SUGGEST
regards

SIR
I am the manufacturer of TMT steel in Madurai and I have decided to open a shop for selling the product in Salem in future for which now I send the product to my rental place in Salem.
Here, there is no sales. No registration is taken under GST still now for my rental office. The product value is Rs.7,00,000?
So,
1) Can I send the material by invoice only with the product value without GST?
2) E-way bill is necessary?

Guide me plz
thanks in adv

Respected Sir,

Due date is 10-01-2021 and the earlier due date was 31-12-2021. Just now I was filing an ITR it is showing 234-F penalty as of Rs 10,000. What to do now.

Sir,
I have required for excel sheet in rice milling & bhagar mill stock valuation sheet. With gross profit

Loan taken from icici bank ltd
Whether tds is required to be deducted

Sir, I have partially completed a work-contract till 31.03.20, but still a lot of completion is to be finished. Bill has not been raised by me yet. But I have purchase bills of raw materials. Hence, I have only purchases and input and not sale and output. For Income tax, there is only purchases e.i. net loss. And for GST, there is only input. Sir, how should I treat the above in GST and Income tax ?

one clent named : santosh collects crop from the farmers , sells the crop in the market yard or somewhere... the buyers transfers the amount to santosh account. he takes some commission and withdraw cash and give cash to farmers... but in his bank acccount cash withdrawals crossed 1.5 crores...he collects commission of Rs 632000 and 194N applied... and showing SFT 003 in 26AS..... how to file the return

Dear Experts,

If a property is transferred by Husband to wife without consideration and necessary stamp duty is paid and agreement registered, how will this be treated in Income tax? Will there be any minimum consideration to be considered for computing capital gains? Also will this be treated as Gift under Income tax?

Regards,