sir/ madam
i have to submit my audit report for professional bussiness, so kindly let me know which audit report i have to submitted .

thanking you

ishfaq ahmad

Hi all

I am dealing second-hand car business, suppose I have purchased a used car for Rs. 15 lakh and additionally spend some repairing, reconditioning and insurance expense for Rs.1 lakh and I sold the same for Rs.18 lakh What will be my Margin?

18 lakh - 15 lakh = 3Lakh
or
18lakh-15lakh-1lakh = 2 Lakh

I am a salaried employee and have taken a rented accommodation for which I am paying 15K per month (my land lord not providing his PAN). The HRA from salary was 3.9 L per annum. How can I reduce the tax liability in this case? Can I provide my mom pan card number and claim the HRA deduction? and transfer rent to her account and provide as proof.

Thanks in advance,

whenever party gives service charges extra bill than how much tds will be deducted and which section.

I need to clarify about the ITC on capital goods:
We spent the capital expenditure for making of interiors and exterior of the function halls. We have a purchase bills of Tiles, Sanitariware, Iron, paints, generator and lift . Can we claim the ITC on capital goods for function halls business.

here one party submit the bill items of camera ,cable laying charges, and cabling and installation charges. how much tds will be deducted or which section. please guide me.

Dear All,
A proprietor having 2 businesses. But the accounts are maintained only for business and does not include personal commission business. Is it proper? Does he need to have combined balancesheet for both the businesses or he needs to maintain 2 searate balancesheets?

Registration of GST at Poultry Farm is mandatory

When TDS should be deduction on salaries.

Dear Sir,
we have missed out some purchase expenses entries of previous months. Can we take entry of the same now in that particular month? in accounting books or we have to take entry of those expenses in current month?
we have already filed GSTR3B, then how could we show changes which we have done in our accounting books for those particular expenses in GSTR.
Pls advice what should be done?