Automated Data Entry into Tally, Zoho Books, Quickbooks

Nisha Kathuria

Dear Sir,

A person has engage a business of Agriculture product. he sold the crops on behalf of farmars in Grain market and get some commission. Some time he provided advances to farmers for their personal needs and purchase of some pesticides and fertilizers. so in this case owner had give Rs.1100000/- advance to A Farmer and Rs.432500/-to B Farmers. after some time owner ask to return back money or sold your Crops but both are ignore him and refused to return back money. in the end owner file a Court Case against A and B. again 1 year passed 7 to 8 herining Court have a decision in the favor of Mr. A and Mr. B
Now please suggest how to adjust Rs.1100000/- and 432500/-which show in books of accounts in Dr. Side .Can we adjust with Capital account.

Please advise Respected Sir,


Marimuthu
23 September 2023 at 11:45

Solar power supply

Dear Experts,
1 A company is availing solar power from an individual, who is having the facility to generate the solar power.
2 The solar power supplier has raised the invoice to the company in his own name.
3 The query is
Whether TDS is applicable on this solar power supply or it is exempted from deducting the TDS.
4 Pls clarify


Soumendra Jaiswal
23 September 2023 at 09:44

Confusion in AY

AY 2012 means which AY

AY 2011-12 or 2012-13


TARIQUE RIZVI
22 September 2023 at 18:35

HOW TO TRACE TAN OF MY CLIENT

MY CLIENT HAS GIVEN ME PAN OF THE COMPAN AND WITH THE HELP OF PAN CAN I TRACE TAN OF THE COMPANY


Nilay
22 September 2023 at 15:38

Form 27EQ Correction Filing-Income Tax Site

While filing Correction Statement of Form-27EQ for Q-1 of FY-2023-24 at Income Tax Portal the statement repeatedly getting rejected quoting the error - "Rejected at e-filing, Line No 4, Invalid Remarks -2".

Requesting experts to kindly advice the solution


N.V. Siva Ram Prasad
22 September 2023 at 15:26

Extention of 44AB

is there any extension of 44AB for the Financial Year 2022-23 sir


Adept Advisories
22 September 2023 at 14:31

DEFERRED TAX CALCULATION-PRELIMINARY EXP

Sir,
One of our client is writing of preliminary exp in the first year itself.It has deferred tax implications right?
preliminary exp -18000 as on 31.03.2023
Share capital-100000 as on 31.03.2023
Borrowings-112000 as on 31.03.2023
Fixed Asset-8500 as on 31.03.2023.
what is the disallowed amount under 35 D and deferred tax amount ?Pls help.The company is in the initial year of operation


Nisha Kathuria
22 September 2023 at 13:50

Saving account in books of account

Dear Sir

Its mandatory to show saving account,s transaction in books of accounts in proprietor,s ship firm.
Prop has 3 saving account where no business transaction only LPG Subsidy, saving account interest, bike insurance claim etc
please advise


Ashim kr Ray
22 September 2023 at 12:23

Amenmend of return

Sir

In Fy 22-23 in month of october i have shown less sales amount in B2C. Now i want to amend it can i do that in sep 23 return.
As my turnover is below 2core ,whether i have to filed gstr 9 as i am going to amend B2 C sales.
Please advice


SHYAM KRISHNAN K

How can we check the first name and last as per PAN Data base





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