hello, in my proprietorship business I see some notices have been generated in portal because of less paying of TDS but we paid less because of government rules.

for example which was 2% we did 1.5%

what needs to be done?

Company has incurred below pre-operative expenses which is lying in respective CWIP recently so after commercial production start how it should be treated in books of accounts as per IND AS for capitalisation and in how many years it should be amortised/depreciated.

A) Trial Run Expenses
B) Travelling & Hotel Expenses of professional/Technical Consultant For Production
C) Technical consulting Expenses for Machinery
D) Training Expenses for Mass production
E) ECB Interest capitalization
F) Pre-Operative Salary
G) Consumable items purchase for Machinery Production

Sir,
I.t.assess unsecured loan and Sundry debtor(cash loan) outstanding ledger balance as on 31-03-20 in books.
1.unsecured loan (name Mr.A) balance Rs: 4 lacs.
2.sundry debtor cash loan(name Mr.B) balance Rs:5 lacs.
1.Unsecured loan balance Mr.A Rs:4 lacs amount transferred to Sundry debtor loan Mr.B account Contra accounting entries passed in books f y.20-21
2.balance amount Rs: 1 lacs cash receipts from debtor Mr.B. f y 20-21
Question:
Above two transactions f.y.20-21 allowed in I.t. act.

How long should a bad debt take to be written off?

Sir I m a private medical professional. My wife is also a doctor BAMS and retired few months back from govt job. Can I pay her salary from my clinic as an employee or for her services? Kindly advise me from IT point of view.
If yes. what kind of this income clubbed or separate ?

Dear Sir,

Let me know the useful life of scaffolding system using for construction of buildings.

Regards
shanta Kumar

Bank have imposed cancellation charges on forward contract to us. what is the accounting treatment of it. Our forward contract comes under cash flow hedge.

Hi, in proprietorship business do I have to deduct TDS on services like following?

- Electricity
- Office Maintenance
- Food for Employees from Restaurants
- Video Streaming like Netflix

WHEN APPLY TCS ON COMPLETE MONTH PURCHASE CAN PURCHASE RETURN LESS INTO THE TOTAL AMOUNT CAN MY SALER PARTY PAY TCS BEHALF ME

A private limited xompany has shown share application money in its book for 4 years.Money has been received by one of its director.what is the remedy available as per the law.