How to Calculate RoU if intial lease period was 3 years w.e.f 01-09-2020 extended for 3 more years with 3% enhancement in monthly rent. Lease period was ended in September 2023 but allowed to further 3 months with existing rent, without execution any rent agreement. Initial monthly rent is Rs.1,00,000 Security deposit Rs.12,00,000 refundable at the vacating the premises.

Dear Experts,
We are a Pvt Ltd Company. Need you guidance on how can issue spare parts for our assembly line ? We are using Zoho Books. The Spare Parts are reflecting in our inventory. Kindly suggest ASAP.

Regards
Shriram Deshpande

Can I booked last month invoice bill in April-2024? Incase if i mentioned lastmonth date and posted in current month then what are the issues are happened?

Dear Experts,
Can any one tell me what is the Life of Resistance Welding Machine Rs. 2,954,070 for calculating depreciation.
Thank you

Dear Experts,
Can a Limited company give unsecured loan? if yes
Can it give loan to Individuals / Pvt. Ltd. Companies / Directors ?

cost of an item of property plant & equipment comprises:

the initial estimate of the cost of dismantling, removing the item and restoring the site on which it is located, referring to as decommissioning, restoration and similar liabilities; the obligation for which an Enterprise incurs either when the item is acquired or as a consequence of having used the item during a particular period for purposes other than to produce inventories during the period.

primarily explaination required from "or as a consequence......"

can u please help me with subject issue

while considering profit for goodwill calcuation . profit sholud consdier after depreciation , remuneartion and interest to partner or before interest and remunearation and depreciation

PROFIT 100,000
DEPRE 2000
INTEREST 3000
REMUNERATION 5000

NET PROFIT : 90,000

Which profit is to be considered 1,00,000 or 90,000

Respected All, What will be the accounting and tax treatment.... if a co operative society issues shares to its some of the existing shareholders as prize money because those shareholders have achieved the target set by the society.....in my case the society has passed the entry as :
Entertainment Exp (P & L Account) Dr
To Share capital account

Dear Experts,
In Saving Account Small Amount & under 5000 amount is Paid to Suplier Can We disclose this Paid Amount as Non-GST Purchase Only.(No in GSTR-3B)
How Many Limit value for single Non-GST Purchase Bill against single Person.
Whether can we show Dummy Name In Purchase Invoice .

Thank you......