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TMI BlogACCOUNTING ENTRIESX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Expert Pls clarify, example 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 amounte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to ₹ 10Lac. But at the same 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. I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t means 100% of work of JV will be 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(includi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng royalty) to AB (JV) then how the 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 - Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y By DR.MARIAPPAN GOVINDARAJAN - The Reply = You may consult expert in this regard. - ACCOUNTING ENTRIES - Query Started By: - AJIT Tiwary Dated:- 16-8-2020 Accounting - Auditing - Got 1 Reply - Co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpanies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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