Hello,

I recd the demand against the Overbooked challan of Rs 63000/-
how can i clear this notice?
plz guide me

RCM was applicable on transportation invoice but the same was hold till march-18 and again it was made applicable or not please confirm as i got invoice from transporter for Rs 75800/- dated 15.05.2018 should i have to pay rcm on the same. please confirm.

Can somebody tell me what has to be done with dissolution deed. do we need to get it printed on a stamp paper? if yes, what shall be the value of it and what is suppose to be done do we need go for Notary and all? Please somebody help

Dear Experts,
Partnership firm having net profit 14030 before partners remuneration. Pls let me know In this case how much maximum remuneration can be given to partners.

Thanks
ASAP

-Banks are deducting TDS @ 10% on gross interest on FD and do not take into account the exempted income of Rs 3lakhs (for Sr citizens) and deductions under sec 80.They also do not consider rebate u/s 87 A .With the result. While there is no tax or very little tax the TDS. Is very high .And then then apply for refund
They do not accept form15H also.What to do? The income is only from Bank interest from this one Bank .very

Dear , My friend have poultry firm of hen and pig. He sell these animals in market.
Under what head to be shown in balancesheet these animals.
Secondly whch business code to select in ITR.
And whether it is busines or agriculture income

my problem is that , in oct 2017 i files GSTR 3B and make a payment of GST of reverse charge but have not taken the ITC of tax payment till july 2018 . can i take this ITC, if yes then how t

Kindly clarify which treatment is Correct.
1. In Trading Account (example) Gross Purchase Less Input GST Credit = Net Purchase.1,12,000-12,000= 1,00,000/-
Gross Sales Less Output GST paid = Net Sales. 1,50,000-20,000=1,30,000/-
And GST Payable Say Rs.8,000/-s shown in the balance Sheet

2. In Trading Account : Purchase (Net of GST) =1,00,000/-
Sales(Net of GST)= 1,30,000/-
GST payable Rs.8,000/- Shown as liability in Balance Sheet.

My Query is; In Trading Account is it mandatory to Show Purchase and Sale inclusive of GST and then deduct it for Net Purchase and Sale.
OR
Can we show Net purchase and Net Sales (exclusive of GST) directly in Trading Account.
GST Receivable or payable is a balance sheet item
.I am concerned with Presentation in Trading Account. Which method is correct and to be followed to comply with the provision of I-Tax for Tax Audit.
Experts,Thanks in Advance
Please suggest me .

Dear Experts,

We are GST registered hotelier, now we wish to start new fmcg under gst, whether we need to take another one new gst number or not, if not what we need to do. can you please update us

Whether apartment owners' association (registered under Societies Act) is liable to get registered under GST? Whether GST is applicable on monthly maintenance collected by association from the member houses?
The Total maintenance collected by association was above 50 lakhs for the year.