saikiran
This Query has 3 replies

This Query has 3 replies

13 October 2017 at 13:25

INTEREST ON INCOME TAX PROVISION

wether we have to interest on income tax in books of accounts for compqnies


Amandeep Singh
This Query has 2 replies

This Query has 2 replies

12 October 2017 at 12:11

Advise

Dear Sir

Please advise to me

We have a partnership firm. as per partnership dead we need to pay 20000/- per month salary to both partner.so can we need to pay monthly amount ( Withdrawal house hold exp. )


Vamshi Krishna Sukkala
This Query has 2 replies

This Query has 2 replies

journal entry


Vamshi Krishna Sukkala
This Query has 2 replies

This Query has 2 replies

journal entry


Chetan Agrawal
This Query has 1 replies

This Query has 1 replies

08 October 2017 at 22:20

Small business under huf

Hi

I have a HUF with my wife and minor daughter. PAN is also there. We have started a small home based business of re-selling dry fruits. we purchase it in bulk and sell it in small packets.

how do i show the HUF income and maintain accounts, as the business is mainly in cash.


Vishwas
This Query has 1 replies

This Query has 1 replies

08 October 2017 at 08:26

Projected balance sheet

Dear sir ,
Kindly provide me full detail that how to prepare Estimated and Projected Balance Sheet for the purpose of taking loan from the Bank.


kishan
This Query has 2 replies

This Query has 2 replies

07 October 2017 at 23:57

Deferred Expenditure

what is deferred expenditure? with example please...


nadim maulvi
This Query has 3 replies

This Query has 3 replies

07 October 2017 at 18:41

Cash adjust

pls guide as to adjust cash amount. in which accounting head i have to adjust.


Rohit
This Query has 1 replies

This Query has 1 replies

05 October 2017 at 20:46

Provision for bad debts

If an organization has been continuously observing that historically 2-5% of its debtors never pay up. In such a scenario, is it legally possible for the organization to create a Provision for Bad Debts or a Bad debts reserve so that it need not unnecessarily bloat its profit and pay tax over money it is not going to get anyways??

If the above is not permissible, how does the organization get compensated for the tax paid on income never received?


CA. ARUNIMA BHAR
This Query has 2 replies

This Query has 2 replies

If due to ICDS 2 we include VAT and other taxes(for which credit available)in closing stock for tax computation purpose,do we need to create Deferred Tax Asset even for sole proprietorship concerns also??If yes then what will be the tax rate--will it be Avg Tax rate?[derived by (Tax payable/Total Income)]
And even that has been done how will it's reversal be done if in next year different tax slab applicable for that assessee?
please offer your valuable suggestion..






CCI Pro



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