Daya
This Query has 1 replies

This Query has 1 replies

what is journal entry of provision for depreciation and also accounting group of provision for depreciation.


mohamed ali & co
This Query has 1 replies

This Query has 1 replies

13 October 2023 at 18:18

FORM 10 AC

A trust is given registration u/s 12AB by CPC for registration in Form 10AC for a period of 5years from AY 2022-23 to 2026-27. Can the trust file its income tax returns after filing audit report? Any other forms to be filed? Can the experts give the details please


SHAMNHU NATH TRIVEDI
This Query has 1 replies

This Query has 1 replies

Case Selected For Scrutiny Of One of my Client Several Documents have been asked to Submission i.e Complete Ledger Accounts Conformation From Debtors Creditors etc
I have applied for Adjournment for 15 days as I was busy in Tax Audit Work Date was asked Till 16-10-2023, but Still Some Documents are to be Collected I want to Know Whether May I applied for Second Adjournment for 15 Days Case to be Closed by March 24


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
A Doctor Advance from patients rs:10 lacs show in accounting records and house construction interest prepaid rs:2 lacs showing f.y. 22-23.
Doubt:
1.Advance from patients rs:10 lacs showing allowed and accounting treated in balance sheet correct procedure.
2.Prepaid house loan interest rs:2 lacs show debited to capital account or balance sheet correct procedure.


mohamed ali & co
This Query has 1 replies

This Query has 1 replies

12 October 2023 at 20:48

Registration of trusts

A trust is given registration u/s 12AB by CPC for registration in Form 10AC for a period of 5years from AY 2022-23 to 2026-27. Can the trust file its income tax returns after filing audit report? Any other forms to be filed? Can the experts give the details please...


Sumukhi
This Query has 1 replies

This Query has 1 replies

12 October 2023 at 16:45

Restricted refund status

Hi, ITR has been filed and its pending for credit on the account refund is more than 50k. But bank account is validated and restricted refund status and there is no remark updated as well.
As per PAN data base name is Subramanya shastry sumukhi (last name/ middle name/first name) and in bank records the name is Sumukhi shastry S ( first / middle/last or initial name) should I get it changed as per pan or can I get my initial updated with full eg Subramanya instead of S?
Once the name correction is completed in bank . Should only revalidate and again reissue the refund ? Or only revalidate will suffice.
Please advice


anu srivastava
This Query has 1 replies

This Query has 1 replies

Hi,

What will be tax liability if dividend paid from out of reserve to foriegn investor?

How much shares can be held by foreign companies in Indian Private Limited Company?

How much corporate tax is required to be released in India, If foreign company held 99% ownership in India?

What type of tax applicable, If an Indian private limited company takes loan from Dubai Company?

What are the conditions according to corporate law for repayment of such a loan? Let us know about tax liability on such repayment?


Kopal Mittal
This Query has 1 replies

This Query has 1 replies

I am taking home loan to purchase on registry with name of my Father and Mother.
I want to know will I get the tax benefit


Sanjay Budhiraja
This Query has 3 replies

This Query has 3 replies

11 October 2023 at 19:48

Transfer in NRE Account

Hello Sir
Pl let me know the maximum limit of gift to my NRI brother in his NRE Account in USA..
REGARDS
Sanjay


Nanu Gupta
This Query has 1 replies

This Query has 1 replies

A son bought flat by loan in the name of his mother. Now the mother got notice asking for the source of income. She is a single mother and a housewife. No ITR was filed as she earns zero income. What can be the solution now?






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