Reporting of savings account interest income
Is the interest income in the savings account of joint holders reported only on AS26/AIS of the first account holder?
Fixed Deposit Claim Relinquishment by the Nominee
The deceased father nominated his elder son as the beneficiary of his fixed deposits in the bank. The elder son voluntarily wants to relinquish his fixed deposit claim in favor of his mother and would like the bank to issue a cheque/draft for the settlement proceeds in favor of the mother. There are 3 legal heirs - mother and two sons and there is NO dispute among the heirs. The bank insists that the settlement can be made only in favor of the nominee i.e., the elder son. How can the elder son enforce the settlement in favor of his mother? What are the legal options? Can he submit a relinquishment deed or something similar to the bank?
Is dividend distributed from profit of company
whether dividend distributed from profit of company after profit after tax.
What would be the accounting treatment of Preliminary expenses and inoperative expenses
What would be the accounting treatment of preliminary expenses and inoperative expenses and also for income tax purpose also.
Accounting treatment for Fixed Assets
Advances paid against making building but some services not received due to cancel of contract , what would be the treatment for not reeving amount given as an advance from party, whether it should added to building cost or write off it or may be other way.
Interest on CC or Overdraft
what is nature of interest of cash credit and overdraft,
is revenue expenses or capital expenses.
Interest on car loan treated as revenue expenses or capital expenses
whether interest on car loan treated as revenue expenses or capital expenses.
Is correct entry for FDs
whether these entries are correct
For Making FDS
(1) FDs A/c Dr
To Bank Account
(2) on Accrued interest on FDs
FDs A/C Dr
TDS Receivable A/C Dr.
To Interest income on FDs
Accrued interest added in principal amount
and reeving on principal amount and interest
Bank A/C Dr
To FDs A/C.
Interest on public Provident Fund
whether interest on PPF accrued to be added year wise in principal amount until PPF is not received. and whether interest on PPF is taxable year-wise.
- Notice from IT DEPTT IF FD AMOUNT EXCEEDS 10 LACS
- Unable to generate and save json file for updated return
- Applicablity on tds
- GST payable under RCM
- PRODUCT AND SERVICE CATEGORY CODE
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- Regarding TDS not deducted on rent
- Audit of F and O T/O
- Section 194I not showing in TDS RPU for Compnay Assessee for TDS on rent
- LTCG offset against property buy
- E INVOICE APPLICABILITY IS TURNOVER EXCEEDS 5 CR
- GST REFUND TO DEEMED EXPORTER
- 12AA registration
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
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Depreciation and Amortisation