My Question Is,
1)A MOTOR BYKE'S VALUE IN THIS YEAR A.Y. 2019-20 ON BALANCE SHEET IS ₹90,000 WITH 15% DEP. THEN AFTER SEVEN YEARS HOW MUCH VALUE OF THE MOTOR BYKE ON THE BALANCE SHEET? ₹0 OR ANY MINIMUM VALUE?
2) In Profit Loss Sheet of a Cyber Cafe Business , if any new computer or any new Equipments has purchased , then the new computer or Equipment can show on pofit loss sheet as a loss?
my friend's uncle lost his pan card? he dont know pan number. Is there any process to recover pan card, no It return has been filled on his pan number, pan card was issued many years ago
DEAR SIRS : IN A PARTNERSHIP FIRM THERE ARE TWO PARTNERS INVESTED RS.10,00,000 AND RS.1,00,000 AND RATION OF PROFIT IS 50 : 50... NET PROFIT DURING THE YEAR IS 3,00,000.... TOTAL SALARY PAYABLE TO BOTH PARTNERS IS RS.2,70,000.... MY QUERY IS CAN WE PAY UNEQUAL SALARY OF RS.2,00,000 TO ONE PARTNER AND RS.70,000 TO ANOTHER PARTNER..... SIMILARLY CAN WE PAY INTEREST AT 12 % TO ONE PARTNER AND AT 6 % TO ANOTHER PARTNER.
Dear Team Good afternoon,
I have one question that what is difference between new pension scheme and national pension scheme for income tax beneft point of view?
can new pension scheme give additional tax benefit from 80C.
My client has not filed Return from September 2018 and wants to surrender the GST. There is no sale but he has purchased some material. during this period. When tried to surrender GST it ask to file return first. The problem is that the penalty for not filing the return is approx one Lakhs. is there any chance to surrender without paying the penalty as there is no tax liability. Please suggest accordingly.
Please tell me what to do. Our customers returns material and they are showing in their GSTR1 as Sales to us. Is this practice correct? Whether we should also record this Sales return as Purchase?
There is one partner who has received profit interest and remuneration from 6 partnership firm. Can he declared his income under 44AD?or he can declared all receipts as income? Please give proper sec reference or case law reference.
I Have Cleared CPT In The Year 2011 December
But Due To Some Problems I Left Studies
But Now Want To Study Further
Please Help Me
I had already submitted ITR for FY 2018-19. I got arrear of last 4 yrs in the FY 2018-19. how can i adjust the amount in revised ITR filing for FY 2018-19 .
Is it possible to revise the return.
If yes, is there any penalty for income is between 5L-10L for the FY 2018-19.
Regards
Sanjukta Sahoo
Contact no: 9609064646
Email id: sanjukta.sahoo1507@gmail.com
If at My Correspondence address I'm not Available at the time of delivery of Marsheet, Then what will happen..Will Marksheet gets delivered to my Articleship office address or it will return to ICAI? Please reply
Hoe calculate depression of a vehicle on balance sheet