Shivam Chaudhary
30 June 2023 at 17:42

TDS on franchising fees.

Is TDS applicable for Franchising Fees? Which section and rate is relevant for Franchising fees?


Daya

Dividend received from NEFT by Le Meritie Exports Ltd. Dividend Per share was Rs. 1.20 Per share.
But I am unable to find share price per share.
I Searched on Money Control also. How to Find dividend declared Ex Date.


Praveenveldhi

Dear Expert,
Kindly provide the GL code for Machine software installation charges, The machine is not newer one..


Best Regards
Praveenkumar


Daya

Dividend declared on shares hold on quarterly Basis
Interim ( 30th June ,30th Sep. 30th Nov)
Final Dividend 31st March
My question is that company declared on shares hold on 30th June , 30th Sep, 30th Nov and 31st March.
My issue regarding calculation of divided on shares hold on dividend declared date or just before declaration of Dividend on last quarter


Daya

Dividend declaration on 19-09-2022 and sales units on 19-09-2022 was 2380 units My question is that Dividend not declared on closing stock on 19-09-2022 while Dividend declared on sales units I.e on 2380.
What is reason to declare dividend on sales units.


Administration ,

we purchased materials with a warranty, but now the material is sending for replacement purposes the value of the material is above 50000/-, and also the invoice is 1 year old, so in this case we cannot give a Debit note as a purchase return, so there are asking for our sales invoice and they provide there sales invoice(for us purchase invoice) to nullify it.
We have sent it through DC and generated E-waybill on it and asked them to send replacement material on DC itself. Is this correct, if not please let me know what to do in those cases? and also let me if we have to generate E-waybill for replacement goods on a returnable basis.


Mahesh Jadhav
26 June 2023 at 18:28

Overdraft vs Cash Credit

Hi,

What is difference between Bank Overdraft and Cash Credit ? which is better ?


Daya

what is returns to Fill MSME payment date.
Due date and it is mandatory to fill by company and LLP regarding payment of MSME.


Vipin Kumar Sharma
26 June 2023 at 15:47

ENTRY OF SALE OF FLAT IN TALLY

DEAR SIR

MY PVT LTD COMPANY PURCHASED A FLAT ON DATED 06.03.2010 OF RS 1,44,60002.00
AND SALE THIS FLAT ON DATE 07.09.2022 OF RS 1,70,000,00.00 SO PLS LET ME KNOW WHAT ENTRY I PASS IN MY TALLY AND WHAT WILL BE CAPITAL GAIN

THANKS IN ADVANCE


Shivam
25 June 2023 at 09:29

Capital account of proprietor

I viewed a sole proprietor's capital account, in that account there were following credits
By amt tfd th. Neft/lic
By lpg subsidy
And following debits
To amount of rmf transfered as per c/c act
To amount tfd as per c/c account (nippon)
To cheque no***/star health insurance
To cheque no ***/ lic
To advace tax
To income tax...
My queries :-
Why are there these things of personal nature like lic, income tax, star health insurance, lpg subsidy, investment in rmf and nippon credited or debited in business capital account....
If they are shouldn't they all be shown as withdrawls or additions...because they are not concerns of business...
And i assume c/c means cash credit how can it be used for buying rmf and nippon mutual funds, isnt it granted for working capital purposes, shouldnt it only be used for business....
What does individually these entries mean like how come lic is paying him money, if a policy matured or what and how come it is being brought into books it is personal, same with lpg subsidy...
Shouldnt income tax be paid by him personally and profit from this business shown under pgbp but he debiting the same in business books...
What the deal with advance tax....






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