CA Shriram Deshpande

A Luxurious briefcase
was purchased by MD of our Company Rs.55 K. Invoice is in Company's Name. GST is also claimed. This Brief case is purchased as a gift to be given to one of our vendors. Kindly suggest the Accounting treatment and impact under IT Act


CHANDRAKALA
10 August 2023 at 15:01

Form 10BD for the year 2022-2023

It is necessary to submit Form -10BD for every donation given


Vidit Sharma

Hello Again,

In my bank account during debit card and credit card verification 2 rupees were credited and then same were debited.

How do I record these transactions in journal?


omnath
10 August 2023 at 14:35

Capital gain on inherited property

SIR
MR A. SOLD INHERITED PROPERTY AS ON 30/07/2023 RS. 2 CRO
(RS.15000/- GUIDEN VALUE AS ON JULY 20023). HIS FATHER PURCHAES AS ON 1900. COST VALUE RS.1.00LAKS ( TOTAL 1300 SQFIT). HE PASSED AWAY AS ON 1990. AFTER FAMILY SEETLEMT DOCUMENT AND ADOPTED AS ON AS ON 1995. CAPITAL GAIN WORKING BAIS ON TAKE COST VALUE AS THE YEAR 1900 OR 1995. (TAMIL NADU GOVT. GUIDEN VALUE RS. 2500/- SQFIT)
THANKS YOU


swetha

Mr A has established a co in india for providing IT consultancy service for a company in dubai.
Mr A hires employees in india and raise an invoice As IT Consultancy service to dubai company for payment of salary to the employees hired in india with some percentage of mark up . What are the tax provisions and statutory compliances to be followed by Mr A in india


sumeet kumar sinha

My name is sumeet sinha and i am looking for a sample cost sheet of Transport and Logistics company. If any one having please share. It will be very great full. My mail id is sinhasumeet1@gmail.com

Read more at: https://www.caclubindia.com/experts/cost-sheet-of-a-transport-cum-logistics--2870874.asp


Pranali Bhandari
10 August 2023 at 10:03

RCM on Unregistered Goods Transporter

Hello EveryOne,
Very Good Morning to All,

My query is if registered person take goods transport services from unregistered goods Transporter ( Individual Person) .

Is a receipents Need to pay tax on services under RCM ?

Regards
Pranali


Mahesh Jadhav
10 August 2023 at 09:38

Income Tax Payable Accounting

Where the Income Taz payable amount should be debited in accounting of proprietor?

Capital Ac or P&L Ac


raziya SHAIKH
09 August 2023 at 21:58

TDS Refund on cancellation of sale deed

we tried to apply for refund because property deal was cancelled. But when we entered all challan details, refund amount allowed shows Rs.0. Consumed amount shows the full amount we paid. how to proceed with refund in such cases?


Chandra Kala

How to file return U/s 115 BAC after due date in the case of income earned by the assessee income from other sources .






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