A retail rice goods business i t assess purchases of site value rs:22 lacs.but cash balance in books available rs:15 lacs as on site purchases date.
Question:
Assess difference amount rs:7 lacs how to adjustment produce in books.
1.cash sales increase or
2.cash loan received from difference persons (19,000/- *30 members) or
3.cash gift received from realities.
Above three options correct methods cash adjustment safe and allowed in i.t.act.

A private company has its Net worth exceeded Rs 250 Crore during FY 19-20.
When will IND AS be applicable from?

I MAKE A DEBIT NOTE PURCHASE RETURN TO MY SUPPLIER AND SEND IT BY TRANSPORT AND MAKE ITS E WAY BILL BECAUSE VALUE IS MORE THAN 1 LAKH BUT SUPPLIER FIND SOME GOODS ARE WRONGLY SEND TO HIM AND RETURN BACK TO ME NOW HOW I LESS MY AMOUNT

Hello all
Pl tell the accounting entry for adjustment of floor sale to the builder in collaboration in the Books of owner of the property.
Kindly reply.
Regards.

A recruitment company developed an E-HR software to enhance their recruitment process. The software has been developed and currently in use. The use of the software is, their recruitment team will search for suitable candidates using the software. In subsequent years, they purchased candidate resumes to update their resume database. The additional resume should be capitalised or expensed off?

Sir/madam,
Our Co. has purchased earphone for an employee worth Rs.10000/- should I treat them as expense or asset ?

Sir
At the end of year, the balance sheet shows,
TDS Payable - Rs.400000/-
TDS Receivable - Rs.600000/-

How to close the above TDS account and carry forward it to the next year
Plz clear my doubt
thanks in adv

Two I.t return filed individual Assess single bank sb account maintained jointly transactions
1st Assess trading transactions in bank sb account
2nd Assess rental income transactions in bank sb account.
Question:
Two I.t. return filed assess every transaction 50:50 share or Assess applicable transactions only entries passed in books.

SIR
We are GTA. We do all the expenses on behalf of sub-contractors and periodically, we set off them against their bills. How ever, the fastag expenses remains unadjusted at the end of year. So, Can we account the fastag charges as PREPAID EXPENSES IN ASSET SIDE - because the remaining expenses to be carried forwarded to the next year for the purpose of set off.

Plz clear my doubt
thanks in adv

SIR
We are doing GTA business. We are supplying trucks to our Party (Supplier of the goods) and after the delivery, we will the receive the consignment copy with sign and seal (Received Copy) from buyer (receiver of goods). We will issue sale bills based on the received copies periodically to the Party (Supplier of goods).
In this case, it is essential to keep the Received Copies (consignment copy) in file? or enough to maintain the sale invoices only?

Plz clear my doubts
thanks in adv