This Query has 1 replies
since interest and penalties wetre to be paid due to default done by party.. so why it cant show as debit from capital account.. there is any reasonable justification about showing in debit of P/L ?
This Query has 3 replies
Under which section if maintenance of Fixed asset register mandatory now after companies act 2013 became applicable?? as earlier, A fixed asset register was to be maintained under section 209(1)(c) of the Companies Act. 1956.
This Query has 4 replies
whether a company recover loan amount from its employees in cash or can adjust the amount of loan from thier salaries.
can employee paid his loan by bearing expenses of company?
if company paid loan to relative of one of directors then what are the possible ways to recover the loan from them????
This Query has 2 replies
I want to ask suppose one of my client has net business loss of 20000 and agriculture income of 19 lacs and he wants to get his accounts audited as having business turnover of Rs.30lacs although not liable for 44AB tax audit.
So can 3cd report be issued for such voluntary audit and if no , please suggest the format and does audit report need to be uploaded on income tax website and what will be his due date for filing returns?
This Query has 2 replies
Dear Sir, Wat is internal audit and external audit Plz can any one help me on this
This Query has 2 replies
There are three business of an assessee B-1 Turnover from manufacturing - 40lacs B-2 Turnover from manufacturing - 30lacs B-3 Turnover from retail trading - 40lacs.....u/s 44AD the assessee has offered 8% of turnover as income for B-3 will 44AB be applicable in this case as the turnover excluding 44AD business does not exceed 100 lacs?
This Query has 7 replies
Can anybody help me in the following issue.
I am facing problem in revenue recognition.
My client is into the business of providing links on an agreement.
Invoice raised in march,2014 for which services to be rendered during Apr,15 to June,15.
When to recognise this revenue? FY 14-15 or FY 15-16.
This Query has 3 replies
Sir,As per companies act 2013 Schedule II we have to calculate depreciation on number of years basis.My doubt is one of my client have partnershipfirm but the assets of firm was transferred to Company in the year 2007.From that year onwards depreciation calculated as per Sch XIV of Companies act 1956 in the company.In regard this my doubt is how to calculate depreciation for Financial year 2014-15 on Transferred assets whether WDV of transferred assets will be taken as Purchase value or any other calculation? Please reply ..
This Query has 2 replies
pls give my genuine reasons for transfer from my CA firm
Interest and default payability