HOW TO DO JOURNAL ENTRIES IN CASE OF GOODS LOST BY THEFT. AND INSURANCE CLAIM IS RECEIVABLE IN NEXT YEAR.
WHETHER INPUT CREDIT WILL BE REVERSED.

Sir,

Our company pays advance to various staffs against salary which comes around 5 Lacs per month. Whether income tax or any other relevant law has any guidelines on such advances?

Thanks

can i put in accounts a new phone purchased from abroad?can i capitalise

What is the fee structure for registration of a LLP as per partner contribution, on MCA portal ??
Suppose if partner contribution is 5 crs. then what will be fee for creation of LLP

PL. PROVIDE THE PROCEDURE OF VALUATION OF INVENTORIES AS PER INCOME TAX ICDS

AS PER MY OPINION COST OF INVENTORIES INCLUDE COST OF MATERIAL + CENTRAL DUTY+CENTRAL TAXES.
LOCAL VAT ETC. NOT INCLUDED IN COST OF INVENTORIES

PL. SUGGEST ME

According to CBDT Notification ICDS is applicable to client.If there is no changes or deviations in Accounts and ICDS points I to X,then whether it is necessary to make any disclosure in audit report or can we leave it blank or can mention in it as not applicable. Please clarify me? I am unable to understand what we have to report under Clause 13(f) of Form 3CD of Revised Form Tax Audit. A Clear guidance in this regards is also not available. Detail suggestion required

According to CBDT Notification ICDS is applicable to client.If there is no changes or deviations in Accounts and ICDS points I to X,then whether it is necessary to make any disclosure in audit report or can we leave it blank or can mention in it as not applicable. Please clarify me? I am unable to understand what we have to report under Clause 13(f) of Form 3CD of Revised Form Tax Audit. A Clear guidance in this regards is also not available. Detail suggestion required

Kindly suggest me the disclosures which are necessary to be made while making 3CD for the A.Y. 2017-18? WHATS IS TO BE WRITTEN IN DISCLOUSER IN FORM 3CD IN ICDS 1 - DISCLOSURES ICDS 1 - DISCLOSURES ICDS 2 - DISCLOSURES ICDS 3 - DISCLOSURES ICDS 4 - DISCLOSURES AND SO ON

Anyone experienced with LUT for export of Services please help us.

what is the effect on working capital position on receiving grant from government?
and we amortize the grant so received over a period of time