Front Office
23 September 2019 at 15:49

Turnover

How to compute the Turnover of Banks/Banking company?


Harikrishnan
23 September 2019 at 13:53

ESI CONTRIBUTION

Please provide list of allowances which are not applicable for ESI contribution


MADHANKUMAR
17 September 2019 at 18:13

Cost Audit

Applicability of Cost Records
List of specified companies, which needs to maintain the cost records, is provided under Table A and Table B of rule 3 of the Companies (Cost Records and Audit) Rules, 2014;
What do meaning by Table A and Table b


Rohan

Our company is using tally software and we have purchased some fixed assets and current assets in same bill.how can I record this transaction in tally with there quantity .
Because while recording tally talk for purchase Leger type if I choose fixed assets then whole taxable value goes to fixed assets.


Sonika Gupta
14 September 2019 at 16:01

Work from home

Respected sir/mam,
I am qualified charted accountant .Looking for work from home opportunities. Having a good knowledge in accounts and audit department. Due to family commitments cannot take full time jobs...Looking forward for the suggestions ....Kindly connect through email sonikat88@gmail.com


J DAMODARAN
13 September 2019 at 18:00

Charges Creation in ROC

Dear Sir,
What is the procedure to create a charges in ROC for a PVT LTD Co. (Term Loan Taken for Purchase of Machinery in a Manufacturing Co). what are the document required. is UDIN is requied. Please help
Thanks


TARIQUE RIZVI
13 September 2019 at 11:44

ESIC SLAB

if the salary is Rs 15,400 per month exceeding Rs 15,000, whether is exempted from ESIC. Whether ESIC will be paid to esic department against the salary ? I would like to know the slab as from which one is 100% exempted from ESIC payment to the ESIC department.


Raveesh

My Uncle who don't want to purchase another property after selling his share, want to know his actual Capital gain tax.

I am sharing all the necessary details :

Property Purchased in DELHI in 1952, by my Grandmother.
Sum paid was 19000.

After her passing away, through her will it was transferred on the name of My father and his elder brother (My uncle).

Now as per circle rate, its value is approximate 80 lakhs which will be divide equally.
So both brothers get 40 lakhs each.
Further my Uncle will Gift 15 lakhs (through cheque/DD) to my father, so the net amount he will possess from the sale will be 25 lakhs.

So
First he wants to know whether he will be Taxable on 40 lakhs or 25 lakhs
&
Second what exactly will be his Capital Gain tax ?

The important thing to note is what should be the Base year ie 1991 or 2001 & also the Base price in that year as the Circle rates in Delhi were brought in 2007.

So kindly advice me on this, it will be much helpful.


Samsad Siddiqui
12 September 2019 at 13:16

CST ACT

Dear Sir,

During the F.Y 2017-18(1st Qtr) we had made sales in Bihar charging @ 2% CST.The bill details are as below
A. V = Rs 10,000 + Rs 1236(Excise duty) + Rs 224 (CST ) + 4,000/- (Freight Cost)= Rs 15,460
While submitting Return we have show CST sales of Rs 11,460/ (Excluding Freight Cost) but party provide us "C" forms value of Rs 15,460.
My Question is
1) How can we show freight cost at the time of CST Assessment.
2) How we deal with fright cost.
3) What happen if we submit excess value of C Forms.

Requesting you to pls guide me in this regards ASAP.

Thanking You.


sreelakshmi
12 September 2019 at 13:00

Fixed assets

Does following constitutes Fixed Assets??
1. Bio Gas Plant
2. Borewell
3 Fencing
4 Labour Cottage Equipments
5 Slaughter House Equipments
6 Slaughter House Fencing
7 Work Shed






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