G mrng experts
Received bill for soft skill , communication training & for basic computer skill classes taken for students for a week by a training institute there bill includes training materials cost also total inv value (1,65,200/- for training class 1,51,200/- & material cost 14,000/-) now my question is whether TDS applicable for this situation or not if applicable means what % .

TDS applicable on full invoice value or it will applicable only for the services value (which means excluding material cost) Experts kindly advice me

Thank you

Dear CA Team Experts,
I want to know if i am working in the private limited as an Account Assistant and some question arising in my mind Please help me and give me Accurate answer with example Pls.
scenerio1 My company name is abc india pvt ltd and Company run by Two Director First is RAM & Second is Shyam and company
current account Maintained in ICICI Bank and Director Ram & shyam Maintened saving account with Canara bank & hsbc bank respectively but problem is that my company some payment & receipts transfer into director seprate saving account and director some entries transfered into company current account.
my company tell me please book the entries as well as maintained director saving account in the company account so please assist me via any example if i am booking the some entries so what is the nature ledger nature or leager under head name in tally i.e.
in company books of account :
Company current bank account Ledger under head ?
company director each saving bank account leadger under head?
when company transfer the payment & receipts (Small & Big) into director each saving account Ledger under head?
in saving books of account :
Company saving Bank account ledger under Head?
when some entries transfer the payment & receipts (small & Big ) into Company current account as well as director account what is the ledger under head?
can i Maintained the director saving account in company books of account sepratley if yes then please clear if director some small & big entries expenditure in daily routing basis so what is the Ledger under head ?
Kindly solve the problem with any practical example.
Thanks & Regards

journal entry of bonus shares received in the case of individual ,HUF and LLP
and also what should be taken value.
Please reply

what is sovereign Gold ,
and what is tax treatment
is interest provides or only capital gain only

what will be the journal entry in the case of interest received from PPF account in the case of individual books.

one of my client shown in his Books of accounts ( In the case of company) paid on 31st parch Rs. 25 Lakh but in the actual case in my books shown on 1st April 2023 .
while we demanded Balance confirmation ledger , we founded that balance differences .
How to make Journal entry in my books of accounts.

Received 100 Rs extra then sales invoice value, which will not be adjusted with any other invoice.
In which account this extra payment will be showing in CoA? Please put a JV for better understanding.

Data EX –
Invoice amount – 1000 INR (with GST)
TDS deduction by supplier – 20 INR
Amount to be paid - 980 INR

Amount received from customer – 1080 INR

Unadjusted SRV amount = 1080 – 880 =100 INR

How can I correct the paid chalaan section of TDS from income tax portal

In a going concern business, When started accounting in Tally ERP9 for first time, Whether the entry on the first day of financial year (i.e 1st April) for opening bank statement by debiting the bank a/c and crediting the capital a/c is correct way of accounting or simply creating bank ledger with opening balance and leaving the balance sheet as difference in opening balance on liability side is ok. What will be the entry for opening balance of bank statement? Please guide.

Hello all, If a service firm receives advances in march 2023 which is the ending month for FY 2022-23 but the actual work will be start in the month of April. Where this revenue should be recognized?
If recognized in the month where it is received, then where it needs to be shown in this year's balance sheet?
Also what would be treatment for advances in march and april month?