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???

SIR HOW TO PASS AND SET OFF JURNAL ENTRY OF FIXED DEPOSITE AMOUNT RECEIVED ON MATUIRTY?

SEPPOSE I HAVE AN FD OF RS 100000 FOR 5 YEARS @8%
I SHOW INTEREST ACCURED EVERY YEAR AS MY INCOME
SUPPOSE ON MATURITY I RECEIVED TOTAL AMOUNT 1250000

KINDLY EXPLAIN ACCOUNTING TREATMENT WITH TDS

I am a salaried person ( No business income)
and preparing my accounts on tally from past few years
i know its not compulsory but even though i do so

so i am paying lic premium
but i want to know that whether it should be shown under investment or under capital

what is correct accounting treatment
i want fundamentally correct answer sir and the logic behind it

We have sent one defect (earlier imported) item to foreign supplier for repair under GR Waiver. Repair cost runs in to Euro 1. 70 Lakhs upwards- definitely giving this a new life.
Whether this is expensed to P & L Account or be capitalised?
AS 10 -ICAI Guideline, ((IAS-16--directly attributable costs--here must be additional probable future economic benefit associated with this subsequent expenditure that will flow to the entity.)
Kindly guide,
Regards,
Jayanta Bandyopadhyay

Dear Sir,
Please suggest us how to prepare provisional,estimated and projected balance sheet with an example. How it calculated.


Thanks