I HAVE A CASH CREDIT LIMIT IN BANK NOW WE ARE GOING TO CHANGE OUR BANK AND OUR PRESENT BANK WILL TELL TO CHARGE 4% FORECLOSE CHARGE AND THAN THEY WILL GIVE NOC.
THEY HAVE NOT MENTIONED IN SENCTION LETTER ABOUT FORECLOSE CHARGE AND TELL US TO THAT THEY HAVE MENTIONED IN MASTER FINANCE AGREEMENT. AND TELL ME THAT IF YOU WANT TO CLOSE A/C YOU HAVE TO TELL US BEFORE 2 MONTH OF RENEWAL DATE AND NOW IF YOU WANT TO CLOSE YOU HAVE TO PAY 4% FORECLOSE CHARGES
PLEASE SUGGEST WHAT WE CAN DO

Sir diamond rule hai:-
1)Assets/losses / expenses (increase) =debit
Assets ( decrease) =credit
2)Liabilities/income ( increase) = credit
Liabilities (Decrease) =debit

Hi,

I need to understand how to compute interest on delayed payments to MSME vendor . Please provide example. Also what is rate of interest on delayed payments to MSME

Hi Team,
My husband is running a small scale business since 1.5year, the profit amount which we get named as revenue share is based on the total business for the month. I will keep it short. For eg: my monthly business is 1lakh rupees, i get a revenue share of 30% i.e 30000rs but in my account i receive only Rs.27000, 10% TDS is deducted from the business party itself. Now since November for some reason we are not able to pay their whole bill so in that case we are adjusting our revenue share amount.i,e we are not taking the revenue share. In that case my main question is the revenue share being adjusted should be Rs30000 or Rs27000(10%TDS deduct) in their accounts ledger.
I need a clarification on this. What amount will be reflecting in their ledger since we are only adjusting our revenue part .

My name in PAN Card is printed correctly as "ASHIKA" but my name in PAN database is "ASHINA" which is incorrect. Is there any way for correction of my name in PAN database without changing the PAN number.

I fill the form 102( form for articleship) on SSP portal after generation of PDF i found that date mention on form is wrongly submitted. I want to change the date of mention on form but there is no such option available on SSP Portal. please guide me to make such change ASAP so that I can start my Articleship as soon as possible

If we accept online work at home like people per hour website or fiverre or upwork we receive foreign currency. Is it ok to accept foreign currency. do we fall under FCRA rules. pls advice. In india is it acceptable

Is it necessary to give notice to assessing officer for changes made in the Partnership Deed due to change in the partner?

Thank you

Hi , company and it's another wholly unit have same pan card, and filling the consolidate return, where profit & loss , asset liabilities of the wholly owned unit is mentioned. Wholly owned unit have trade license and it is mentioned wholly unit &the original company name. Whether it possible that company &wholly owned unit have one pancard & file one consolidated return?

Dear Sir/Mam
No challans in the statement with available balance on File Correction (Traces). Hence, I Couldn't add challan. Kindly explain how to add challans on traces.Other all can changing except add challan.
How much day will taken revise tds return after normal tds returned filed.
Thanks advance