Hello dear expertsSold a house 50 percent amount received in last year and 50 percent amount received in current year and same for the expenses incurred on it and registry also done in current year. So my question is in which year have to calculate capital gain

Hi All,

Wanted to know what all documents are required for processing forex payments ?

Secondly, is 15CA/CB required to be attached with every foreign payment or is it a periodic document?

Please also elaborate the process of drafting and filing 15CA/CB.

Thanks a lot.

Respected All

we received an electricity bill from 10.03.18 to 09.04.18 with rs 50000/- in the m/o April,2018

so pls clear that we book this bill amount in month of march,2018 or april,2018 or partially in the month of march and april.

what should be correct entry??

Regards
Atul KUmar

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Sir
Can partnership business can apply composition scheme. Kindly advise. Me..
And what is the turnover limit?

Hi,
kindly i request to you for a entry, how to capitalize of expenses.

HAI GUYS,

HOW TO ACCOUNT THE CHIT IN THE INDIVIDUAL BOOKS FOR THOSE WHO SUBSCRIBE THE CHIT.
ALSO HOW TO ACCOUNT THE PREMIUM PAYMENT AND DISCOUNT IN THE INDIVIDUAL BOOKS OF ACCOUNT?
AS OF MY OPINION AND VIEW IS TREAT AS INVESTMENT TILL PAYING THE MONTHLY PREMIUM PAID IN THE CURRENT ASSETS AND AFTER DISCOUNTING EITHER TREAT IT AS UNSECURED LOANS OR UNDER SUNDRY CREDITORS HEAD. IS IT CORRECT?

shall we capitalize expenses to purchase stock??

for example: timber purchased from farmer and expenses towards paid forest permit, cutting, freight, labour, etc. because upto now we didnot start sale of timber/furniture. can we capitalize to stock with above expenses>>??

sir,
I purchased 2 laptops on amazon and made bank payment.I returned 1 laptop and got refund for it.how do i record the return of laptop purchased.

A company has given an advance towards services to be rendered for next 12 months, the amount has already been received in the bank
for USD 100,000 how do it treat this in books ?

Please help me

Regards
Javed