Wanted to reverse last year provision. Should I credit this year expenses GL or income should be booked
How to rectify Incorrect Balance sheet uploaded in TAR
What to do if TAX Audit done with incorrect balance sheet uploaded & also accepted by assessee.
Whether TAR need to be revised?
Going Concern in first year of operations
My client has started a company. The company has first year of operations.
Net worth is eroded due to depreciation and Interest on term loan.
how to deal with such case in Audit report?
Thanks
If Any Taxpayer Is Taking A Gold Loan,Then Is It To Need To Show The Gold Value As Asset?
SIR/ MADAM , IS ANY TAXPAYER IS TAKING A GOLD LOAN , THEN IS IT TO NEED TO SHOW THE GOLD VALUE AS ASSET IN BALANCE SHEET?
MACHINERY PURCHASE -COMPANY
Dear Sir /Madam
We are importing machinery to our company, my question is fixed assets on bank loan any advantages, pls let me know.
LAST DATE OF SUBMITING BALANCE SHEET FOR F.Y. 2023-2024
RESPECTED SIR
I WANT TO KNOW ABOUT LAST DATE OF AUDIT REPORT (BALANCE SHEET) SUBMITING FOR F.Y. 2023-2024
WILL TAX AUDIT APPLY FOR FY 2023-24?
Limited Liability Partnership
which has a turnover from Professional Services only
Turnover is 27 lakhs in FY 2023-24
it shows Income less than 50% of Turnover
Is this LLP Liable to Tax Audit. Please Guide
Qualification of Audit Opinion based on Audit trail
Respected Sir/Madam,
one of my client has not enabled audit trail during the Financial Year 2023-24 and also they have not conducted any transcation in company during the year whether i required to qualify my opinion in audit report beased on audit trail not conducted or i can give clean opinion and just mention audit trail paragraph in Auditor’s Responsibilities for the Audit of the Financial Statements.
kindly suggest.
FINANCIAL STATEMENTS OF NON CORPORATE ENTITY
Is mandatory to prepare balance sheet in new format or recommended only? for non corporate entity
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- GST Rate for Catering Services
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- ITR 4 and Bank transactions
- FCRA 6 E- Intimation
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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Reversal of last year Provision