Dear sir

In the month of July 2018 heavy rain and flood Stock place (Godown) fully destyrod and we got maximum( Loss) goods damage Rs. Near about 34 Lacs. All stock cover under insurance. first of all insurance comany asked to us they will settle the calim soon. due to stock damage my GP & NP was both are natagive value and i have fild the ITR in Losses. We are trying to conntect with Insurance company to settle claim but they did not respond now he totaly rejected the claim due to some Policy & address issues. so Please advise to us how to adjust the amount in books of account. earilery we have passed the below entry :-
Dr. Goods Damage (Indirect exp. ) 31.03.2019
Cr. Purchase a/c

Dr. Insurance Claim receivable ( Current Assets ) 31.03.2019
Cr. Goods Damage

Please advise how to NIL insurance Clain Receivable amount from boos of account.

Dear sir

Due to heavy rain Godwon roof leakage and damage some goods wroth rs.19800/- its conver under insurance Please advise tous below entry is right or wrong

Dr. Insurance clain receivale ( Under Current assets)
Cr. Purchase account

I HAVE RECEIVED TARGET INCENTIVE
RS 8960 TAXABLE VALUE-TARGET INCENTIVE
RS 1612.80 GST 18%
RS 10572.80 , PLEASE GUIDE ME MAKE THIS ENTRIES IN TALLY, SO THAT MY LEDGER BALANCE SHOULD BE REDUCED AND INPUT GST 18% SHOULD BE INCREASED

P NAGA KRISHNA SHASTHRI

Assess runs a private hospital.1.employees nos.4*20,000 =80,000/- per month 2. employees nos.4*18,000=72,000/- per month .

How to salaries paid producure cash mode for one month.

Dear Sir/Mam,
I want to file TDS Return online. I don't have any software for that. Is there any way so that I can file TDS Return online without any software or with using any utility as I have few transections.
Plz guide complete procedure.

Hello ,
Hope everyone is safe in this COVID-19 pandemic situation. It's an urgent query to discuss with my client.. He has following issues:-
1. He wants to claim ITC for the month of march against the purchase made by him. But the supplier has yet not filed GST so that in my client's portal it is not showing. So if I claim his GST as the evidence is with me, will there be a problem later on?
2. There is also a deduction of tax from GST of my client. How to recover that?
Thanking you. Take care.

My clients earlier CA had filed TDS paper returns for FY 2007-08 to 2013-14.We do not have acknowledge nor any record.

There is demand on Traces for above years on account of Incorrect PAN/ missing PAN in above statements.

How do i obtain coso files for above year to proceed filing correction statements

Dear All

A situation comes where an employer is reducing salary of an employee from 30000/- to 12000/-, and the employee accepts the same. What will be the PF liability for employer? and also by employee? As he and employer was contributing 12% of 15000 till last month and now whether the same can be 12%(10%) of 12,000?

For colour doppler machine ( included in list of life saving equipment) depreciation is 40% in a year. Machine purchased in Feb. 2017, depreciation claimed was only 10% to 15% in 2017-18 & 2018-19 ITR.
Can I claim 70% to 80% depreciation in 2019-20 ITR ?

Please guide me about deduction of TDS on salary for financial year 2019-2020 and 2020-2021.
I would like to know the percentage of deduction and
on which amount the deduction will be done on basic or on gross amount ?