Dear Member,
I have one most difficult question (According to me)
I work in one partnership firm with GST Registration.
Partnership firm received the following Amount (by Chq/RTGS)
1. 3 Lakh - 18/9/18 From A - Person
2. 4.60 Lakh - 26/9/18 From B - Person
3. 6.50 Lakh - 28/11/18 From C - Person
4. 3.50 Lakh - 20/12/18 From D - Person
Our firm doing work for Mr X (Maybe Relative of Person A, B, C, D).
Work is type " Work Contract with material supply & labour"
Now, Question is Mr X doesn't want any invoice (We also don't want to issue invoice due to GST liability)
So, Now & In further How to set of all above entry in tally & How to forfeit above all entry in the account?
CAclubindia
