We have two factories within the state with same GSTIN. We are shutting down one unit. We would like to transfer the unsold finished goods in the unit being shut down to the other unit. We plan to do it with an invoice without GST and will also generate an e way bill. Is this procedure ok or do we need to intimate any authorities regarding the movement of FG.

Please answer,

FOR DEPRICIATION UNDER COMPANIES ACT, 2013

LED LIGHTS COMES UNDER OFFICE EQUIPMENTS OR ELECTRICAL EQUIPMENTS, ?

Hello,
I want to start online selling of fine jewelry products on international marketplaces like amazon.com.
But I am not manufacturer, so I want to confirm if my manufacturer will make export behalf of my orders and then I will pay whatever invoice value to my manufacturer in INR, will it possible.
Because manufacturer require payment from me in USD.
please advise.

Scenerio:-
There are three companies A Ltd, B Ltd and C Ltd.
B Ltd is a wholly owned subsidiary of A Ltd, thereby in Consolidated Financials of A Ltd, B ltd is also included.
C Ltd is a third party.It is not being consolidated with A Ltd.
A ltd has its 95-98% of domestic sales to C ltd. While C ltd further sale its stock to B ltd, which it had purchased from A Ltd.
There is no control in C ltd by either company(A or B ltd).

Query:-
Whether in Consolidated Financials does it amounts to Sales return for A Ltd?

Company A is listed Company
Company B is non listed co.
Company A is a subsidiary company of B
whether INDAS is applicable to Company B

A person is on tour for business purpose, hotel, phone , food expenses bill under which accounting head, or we directly debit to tour expenses A/c or we bifurcate them bill wise

Hello,
My query is regarding Advance payment made for Hall for a function.
In the Balancesheet of 2017-18 this is shown as Advance paid,on the Asset side under Current Asset
What should be its current year treatment?

Dear Sir.

I am an finance manager in pvt company. I have received a bill to make payment for weigh bridge. can you tell me which ledger to be account this transaction.
(i) whether TDS is applicable?
(ii) if applicable what is the slab and the rate of TDS?

Notes:
In our factory every truck will check the weight and then it will allowed inside factory and the month end they person will submit consolidated bill .The weigh machine is owned by individual and not by the company.

Dear Sir's

A Partnership Firm have entitled a Commission on Book Profit @ 90% of First Rs. 75000/- or 100% of First Rs.50000/- whichever is more, 60% of the next Rs.75000/- and 40% of the Balance Book Profit " as per agreement made by the Partners.

Ratio of Shares are 70% & 30% accordingly.

The Firm having a Book Profit of Rs. 2,85,316/- during the year before the Partners Commission .

Would you please advice , how can we calculate the Partners Commission?

Its very much help us for accounting the same ? Waiting for your valued reply

Regards

Dear all,

I have a doubt about formation of Sch III of companies act,2013.
Schedule III will start with Equity & Liabilities head then Assets head will come.
But in Listed companies financial statement, it will start with Assets & then Equity & Liabilities
Why there is a format difference?
Can any one please help me.

link of one listed companies financial statement
https://www.itcportal.com/about-itc/shareholder-value/annual-reports/itc-annual-report-2018/pdf/ITC-Report-and-Accounts-2018.pdf