ACCOUNTING ENTRIES

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..... ACCOUNTING ENTRIES
Query (Issue) Started By: - AJIT Tiwary Dated:- 16-8-2020 Last Reply Date:- 15-7-2021 Accounting - Auditing
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Companies Law
Dear Expert Pls clarify, example .....

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..... are given below Mr. A and Mr. B has been created a Joint Venture Named: AB(JV) with percentage of share 52% by Mr.A and 48% of Mr.B. Now AB (JV) got the work amounted to ₹ 10Lac. But at the sam .....

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..... e time Mr. B is suffering from crisis, due to this reason Mr.B make a MOU with Mr.A in which Mr. B outsource his share of work to Mr. A for a certain consideration. It means 100% of work of JV will be .....

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..... completed by Mr.A against which bill will be raise by Mr. A to AB (JV) on subcontract basis but when the material supplied by the supplier and raise the bill(including royalty) to AB (JV) then how th .....

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..... e AB (JV) Will pass the entry with gst impact because all the work has been allotted to Mr.A Further how the validity of outsourcing agreement exist. Thanks Reply By DR.MARIAPPAN GOVINDARAJAN: The .....

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..... Reply: You may consult expert in this regard.
Discussion Forum - Knowledge Sharing .....

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