if a private limited company have turnover of 8867232 and net profit goes less than 6 percent. Does the company need to appoint CA to fill Tax Audit.

sir.
i have a registered user id with mca. I was trying to update a director's dsc (expired ) using this id .after providing the directors details as per din application the form says that details are not correct.
what is the solution
Whether business user id is required

Dear Experts
Kindly clarify my doubt regarding how I can show an agricultural land being used for farming by an individual in his balance sheet.
I have been asked to prepare his balance sheet for f. Y. 2015-16 and 2016-17. The land was inherited from his father btwn 1990-1995. Now while preparing balance sheet I m not able to sort out at what value I can record this asset.
Kindly reply as soon as possible and if possible with reference to relevant sections that applies.

i placed an order of goods from outside a state on 29/12/2017. but the goods are received on 03/1/2018 at my office. Now whether it should reflect in December month GSTR - 3B or i have to put it on January Month GSTR 3B, as i received goods in the month of January. Invoice Date is 31/12/2017

I returned goods to my Supplier, he issued a credit note. where can i enter the credit note value. shall i enter it in gstr-1 or gstr-2 ?. i think i have to enter it in gstr-2 because i am a buyer of goods.but gstr-2 is not available for now. what shall i do?

what will be the accounting groups of
CGST Receivable ( Input)
SGST Receivable ( input)
IGST Receivable ( input )
whether it can be shown under Loans and advances ( Current assets )
is correct way to show.

Where Can I enter Exempted Goods Sold to Registered Persons in GSTR-1 ?. Do i need to enter them in 8th tile(nil rated,exempted and non-gst supplies) or Do i need to enter them as GSTIN wise by selecting "0% Tax Rate " in 4th tile(B2B supplies) or Do i need to enter them in both 8th and 4th tile ?

Hello,

Can anyone help me to know the difference between "Canteen" and "Outdoor Catering", with respect to GST? A service provider has a contract with a Company to provide food and related articles to the Company's employees. The rates per person per breakfast / lunch / snacks / dinner are pre-decided between the Company and the service provider. A monthly bill is raised on the Company. Nothing is charged to the employees by the service provider.

Prior to notification no. 46 / 2017, the service provider used to charge GST @ 18%. But the notification mentions 5% GST without ITC for "...provided by a restaurant, eating joint including mess, canteen, whether for consumption on or away from the premises...". Under GST neither canteen nor outdoor catering has been properly defined. But, I came across a Service Tax definition of Outdoor Caterer as "“Outdoor caterer” means a caterer engaged in providing services in connection with catering at a place other than his own but including a place provided by way of tenancy or otherwise by the person receiving such services."

Can someone please help me understand what would be applicable in such case? GST @18% or @5%?

Hello,
Iam an article assistant auditing a well known educational society which is maintaining cash balance of 25lacs to 33lacs daily and are not depositing into bank on a daily receipt of fees collected from students.
When i put a question to them, they didnot gave me satisfying reply why the cash balance is huge.
"What are the tax complications to be faced by society by maintaining a cash balance?" though the source is fees collected from students.
What questions may be raised by Assessing officer?
Is there any section regarding the maintenance of cash balance?


Thankyou.

Sir.,

In a partnership firm. They are deal Mfg & Services trade Name "SEAL ENGINEERING" started on 02/12/2011 with Two Partners... Also one of the Partner run PROPRIETORSHIP businesss the same name on or before starting Partnership firm. Now he is closed the Proprietory firm on 06/08/2012...

The Partnership firm give service to One of the customer. The Customer deduct & Deposit TDS mistakenly in Proprietorship Firm name and his PAN till the Date. Also the Payment received after less the amount. I found the Details in Last month. The customer will not revise the TDS returns... In this situation 

What can I do...?

How to account the balance amount for deducting amount?



Please give your valuable Solutions...