Dear Sirs and Friends, One of my friend had purchased a peoperty worth 90 lacs for 67 lacs he had made an agreement of 40 lacs and had taken a loan of 32 lacs for the same. Now he wants to sell this property after 2 years. My question is what will be the Capital gain and howcan he save himself by avoiding tax . What he do to avoid huge tax. Pleae help ist urgent

Dear Mates,

I'm a new startup of proprietorship firm (Registered Under Service Tax / GST) with turnover around 10 Lacs and want to know is TDS deduction applicable on my one & only employee?

Salary of the employee is INR 20,000 / Per Month.

Looking for help.

Thanks

Dear Experts,  Please clarify on cash deposited by the customer directly to our bank account will be considered as cash transaction or will consider transaction through bank U/S 269ST.  Bank details are with customer for doing RTGS to our account.

abc Co.
Insurance A.c
2014-15
Date Particulars Debit credit
1. 4.14 Prepaid Insurance 18600/-
22.5.14 Bank 3755/-
18.7.14 Bank 17405/-
10.9.14 Bank 3442/-
8.12.14 Bank 1011/-
5.1.14 Bank 658/-
24.3.15 Bank 16680/-
-------------------------------------------------
31.3.15 Prepaid Insurance --- 23600/-
-------------------------------------------------------------------
61551/- 23600/-
--------------------------------------------------------------------
Closing bal 37951/-
2015-16

1.4.2015 Prepaid Insurance 23600/-
16.5.15 Bank 4108/-
13.7.15 Bank 13299/-
21.9.15 Bank 4169/-
4.3.16 Bank 1088/-
18.3.16 Bank 16966/-
31.3.16 Prepaid Insurance ----- 23590/-
closing Bal 40386/-
2016-17
1.4.2016 Prepaid Insurance 23590/-
9.5.16 Bank 4372/-
27.6.16 Bank 12041/-
8.9.16 Bank 4315/-
12.12.16 Bank 1035/-
6.1.17 Bank 832/-
9.3.17 Bank 1093/-
24.3.17 Bank 7169/-
24.3.17 Bank 7113/-
Please Calcution Detail
Prepaid Insurance Calcualtion in Prepaid Insurance 14-15 23600/- 15-16 23590/- 2016-17 Please Detial In Prepaid Insurance Calculation

A partner withdraw equal amount in the beginning if every month from 1st nov. if the total drawings is rs 6000 then calculate int on drawings at 12% p.a firm's accounting year ends on 31st march...

Sir,
ABC Co .
Insurance a/c
01.4.2016 To 31.03.2017
Date Particulars Debit Credit

1.4.2016 Prepaid Insurance 19,860/-
9.5.2016 Bank 1.894/-
21.11.2016 Bank 8,278/-
13.2.2017 Bank 3.746/-
24.3.2017 Bank 546/-
24.3.2017 Bank 4,649/-
---------------------------------------------------------
Total---------------------------------------- 38,973/-
Please Prepaid Insuranc Calculation Detail

what if someone wants to make payment of 130000... but cash payment limit is 10000/-... is it possible to make payment of 10000/- each day regularly to adjust t he bill of 130000

I am a Tax consultant. I have around 300 clients. 60% of my clients have annual turnover above 1 Crore. Will GST affect my work or income?

sir,
Insurance A.c
Date particulars Cheq No . Amt Paid
9.5.16 Bank 416534 1894/-
21.11.16 Bank 425121 8278/-
13.2.17 Bank 425652 3746/-
24.3.17 Bank 425158 546/-
24.3.17 Bank 432582 4649/-
-------------------------------------------------------------
Closing Bal 19113

Please Prepaid Insurance Detail calculation

Gst Me Hsn code wise maintain krna he to kya ek medical store vale ki accounting kisi tarah se maintain krna hoga Because unme Bahut type ke item hote he Hsn code?