Dear Sir ,

I want to ask member and shareholder are the same term . we can use this words interchangeably . Secondly- COmapany can take loan or give loan to outsider .


REgards

Dear Sir,

Kindly clarify for FY 2019-20 TDS Not deducted for a party but in audit the auditor provide TDS and it paid in April'21 and revised return filed in Jul'21 and form 16 Dated Aug'21 send to party. But party rejected and not refund the amount telling reason as the period expired. Clarify

One of my client is having a SEZ branch whose purchase and sales are in dollars. However, when accounting is done in tally it is done in foreign currency . When I will prepare Balance sheet, I will need to convert these figures into foreign currency, should the impact of foreign exchange difference be given?
And also for bank accounts, should the impact of foreign exchange difference be given?

Dear Sir ,
Humari Company Dholera me Earth Filling ka work karti hai. Hum apne vehicle aur sub contractor ke vehilce ke liyh diesel purchase karte hai bharat petroleum say too tally me iski kya entry hogi diesel company me current assest me show kar skte hai kya humare vehicle me use hone wale diesel ko diesel expenses me show kar dete hai aur sub contractor ko diesel ka debit note provide kar dete hai jitna ltr diesel contractor ne liya usko invoice ke against adjust kar lete hai payment ke time.
Tally me Transaction kese record kare is matter me please batane ki kirpa kare

Sir, what treatment should give to over pricing bill given by supplier

e.g. We have purchase Truck for Construction business of Rs.340000/ + GST But Supplier Given Invoice
of Rs. 360000+GST...What should treatment give for Over 200000 ...is this Discount...or what ???

I'm member of resident welfare association fund received from contigency fund is Done fixed deposit. Can interest receive from FDR are shown in contigency fund. reason

Sir,
It assess three service incomes received
1. Fees income from clinic
2.income from pharmacy store(sales of medicines)
3 rental income from mini functional hall
Question:
Assess how to maintained procedure accounting records(separately) above mentioned three services

Dear Sir ,

I am running one business in the name of Anant Traders (Sole proprietorShip Firm ) . i am maintaining the books in that name also . i have some rental income & Saving interest income which is depositing in my personal account which is in the name of sharad mittal . i want to know whether i just include the rental income & interest income in the books of anant trader which i am maintaining .or some other books i need to maintain for interest income ( income from other Source ) & Home rent ( Income from house property ) . All this i am asking for income tax purpose.

Hi,

Can anyone explain me the concept of Lease equalization Reserve in straight line, we have a lease agreement for 3.5 years and we are paying rent on monthly basis to the Tenant as per their GST bill issued by them, I have passed the journal entries every month as per GST & TDS deduction norms, but how does it pertains to Lease equalization Reserve & what journal entries I should post in order to consider lease equalization reserve.

Please suggest....?

Hello, everyone..... Good Evening....... My Company incurred a big amount of contraction expense on rented factory premises and lease period is 3 years.
now my ques is how can I book these expense ...........
kindly suggest an appropriate accounting method........
thanks in advance