sir . we have available cash in bs is rs. 7 lakh . but we normally shows very low profit about 65000 . now i want to give rs. 5 lakh to my real brother . sir kya mere ko loan dena chahiye ya gift dena chahiye. if i will give loan is it mandetory to charge some interest & i want to what should be mode of payment of loan.

When we are going to finalize company account at that time which depreciation method is used. We have to depreciate as per companies act or as per income tax act after then we have to print balance sheet

Pls. give an example for Depreciation of vehicle purchase under finance using straight line method with useful life 5 years with journal entry

dear all the experts solve it
as per sec40a(3) any payment exceeding 20000rs is not allowable.
but sir have paid 30000 salary in cash p.m to my employee so can i paid 30000 by two installment of cash payment says 15000.p.m

if i paid salary upto 35000 in cash..then is it exempted ??

Dear all,

for a partnership firm if they deduct TDS from persons when they file this TDS returns monthly or quarterly?

Thanks.

schedule-III of the companies act 2013 is applicable to sec-8 companies or sec-25 companies

BOD approved final accounts on 31st July 2002 balancesheet date 31st March for example, in the finance act passed in may,2002 the income tax rate applicable to the company for assessment year 2002-2003 is demarked by 5%.so the income tax liability of the company would be reduced by the amount of rupees 50000 my question is: what should be the treatment? what is the reason behind that? please anyone can tell me

I sell goods online through snapdeal, flipkart etc. I'm currently assessed under sec 44AD. Snapdeal issues me a monthly commission invoice. I've a few questions : 1. Am I liable to deduct TDS u/s 194H? In my view since I'm assessed u/s 44AD, there is no liability to deduct TDS. 2. Can I book sales on net basis i. E. After deduction of commission or do I have to book sales first then show commission separately and deduct tds thereon?

calculation of depreciation as per schedule ii if an asset is purchased during f.y. 14-15.