Dear Sir,
Greetings !
Our stat auditor has increased the closing stock with 50 lac at the time of finalisation of balance sheet under Change in inventory. our books of account does match with that amount. Please advise which entry should be passed into our books of accounts to make the number same.
Thanks in advance.
With best regards / Vijay

Dear Sir

WE have Fixed deposit in a bank Interest on fixed Deposit approximately Rs.33200/- So bank will deduct TDS on interest or note. 2nd Can i need to sumbit 15G form in a bank. my annual income is less then 2.50 lac

Our Company takes Overdraft Facility from Bank & gave Security of Property and its source of income is Rent Collection from Tenants, while a Tenant Gave Rs.50,000/- Advance at the time of Joining Home(2018) & Last 6 Months he didn't pay rent of Rs.36,000/- on Feb 28th, 2021 he vacated and We deducted All 6 Months Pending Rent Receivables Rs.36,000/-,Painting charges Rs.6,000/- and Returned Him Rs.8,000/- How can I record these are above transactions in Tally

If we took an unsecured loan of rs 5lakh @15%p.a in april-19 from ram. Accounting entry for
interest will be this
At the end of year
Interest Dr. 75000
To int.on ram's loan A/c 67500
To Tds payable 7500
Or credit to ram's account but if we credit to ram's account it will increase loan or principal amount.
Plz suggest how to do accounting

A Ltd, not being a Company engaged in trading of share, has sold a part of its equity investment in its subsidiary, B Ltd. and thus earned a profit of Rs. 10,000 crores. This investment being a Long Term Investment, A Ltd paid LTCG Tax on the profit so earned. Now, while computing average 3-years Profit for computation of CSR expenses, will A Ltd consider this LTCG as an element of profit u/s 198 of the Companies Act, 2013 ?

Sir I m a private medical professional. My wife is also a doctor BAMS and retired few months back from govt job. Can I pay her salary from my clinic as an employee or for her services? Kindly advise me from IT point of view.
If yes. what kind of this income clubbed or separate ?

A private limited xompany has shown share application money in its book for 4 years.Money has been received by one of its director.what is the remedy available as per the law.

Dear All,
my tally TSS Expired on 31.01.2021 What should I do for renewal...
Kindly guide me

thanks & regards

i have a query about unsecured loan that one person say. mr. A has received unsecured loan of rs. 300000/- from another person (not being relative) say Mr. B. after that Mr. B has been passed away. How to settle that Unsecured loan amount in the books of Mr. A???? What is the Taxability in hand of both Person????

(1) IS IT NECCESARY TO KEEP STOCKWISE ACCOUNTING FOR RETAIL SHOPKEEPER HAVING VARIOUS SMALL CATEGORY STOCK???
(2) IS ACCOUNTING WITHOUT CREATING STOCK POSSIBLE IN THIS KIND OF BUSINESS ????
(3) HOW CAN I VALUE CLOSING STOCK AT THE YEAR END IN WITHOUT STOCK ACCOUTING???