Dear All,

If I want to start a Cashflow of a particular year from PAT ( Whereas in the same I have a Deferred Tax Liability ) Could anyone help me how to go about it?

Say Suppose my PBT is 1000, and provision for tax is 180 and DTL is 20 then my PAT would be 800. Assuming only noncash items are Depreciation of 50 and DTL of 20 and all else are Cash Item, ( Assuming my Beginning cash balance is zero) my ending cash balance should be 870, right?

Please help me how can I show this figure 870 in casflow ending balance?

Dear all expert,

MY QUESTION IS RELATED TO TDS ON RENT AND SALARY
SITUATION IST: TDS ON RENT
AGAR RENT PER MONTH 60000 HAI TO RENT KI LIMIT 180000/- HAI AS PER TDS RATE CHART TO HUM 60000 PE TDS FIRST MONTH SE HI KATENGE YA PHIR HUM TDS FIRST THREE MONTH CHOD KE 4 MONTH SE KATNA START KARE AISA KRNA THIK HAI AS PER TDS RULE YA PHIR IST MONTH SE HI KATNA MANDATORY HAI AND AGR JISNE FIRST TWO MONTH KA RENT WITHOUT TDS PAY KRDIYA WO KAISE ISKO SHI KR SKTA HAI

SITUATION 2 TDS ON SALARY
AGR SALARY 80000 PER MONTH HAI EMPLOYEE KI TO TDS KITNA KATEGA AS PER TDS RULE PER MONTH

i sent  goods back to one of my supplier and issued purchase return/ debit note document and against this he issued me credit note document but the amount  varies from my debit note then how can i make adjustments in my ledger when gstr 3b already filed pl help

Issue : Whether an entity in which relative of KMP is having significant influence is a related party for the reporting entity as per Ind AS 24.

Fact : A company (XYZ) is entered into transaction of purchases & Sales of goods with PQR, in which brother of KMP of XYZ is having significant influence (holding the position of Chairman & Managing Director and also promoter of PQR) Is XYZ and PQR a related party under Ind AS 24.

We are receiving bills from Transporter say GTA. Bills are booked under reverse charge.

Now Transporter says Sir Please do not Deduct TDS from our account and arrange payment in the name of Truck Owner. Truck owner is submitting his ITR accordingly.

Query:
A-Can Payment be made to Truck Owner against the bills of Transporter i.e. GTA??
B- If Payment can be made then can TDS not be deducted if declaration given by Truck owner with PAN that he is depositing TDS himself??

Hello Sir,
Some Equipments Purchased for GYM of Amount Rs.5016/- so is it mandatory to capitalize it or it can be booked as Expense ?

Please Reply.

Because of the hike in gatuity limit from 10 lakh to 20 lakh, the amount worked out by actuary ,the whole amount is to be charged to Profit in one year or it may be deferred to more than one year. Pl advice taking in to consideration the provision of AS-15

If we pass provisional entries for audit Fees, Postage & Telephone
for the period belonging to F Y 2017-18 as on 31.03.18-
The bills will be raised, with G.S.T., during next F Y 2018-19.
then what will be taxation status (taxable or not) of these expenses in F Y 2017-18 under G.S.T.

Dear Experts
Hi,
I had set up a business for export of fruits and vegetables and I am directly purchasing the goods from the farmers and they could not provide the invoice.
Can some one suggest how to record such purchases as there is no supporting documents.

Dear Sir,
It is inform to you that please give me solution f.y.2017-18 closing stock GST Liabilities treatment into Balance Sheet.
i.e GST Liabilities on Closing Stock Cost Value. Please.....

With Regards
Santosh Sales Pvt.Ltd.
Sujit Sasmal
(Accountant)