Hi can anyone tell me accounting entry on sale of house property.
Effect on capital account and balance sheet. I sold property for 2200000 in fy 2015-16 and purchase 390000 in 2004-05

My friend received a notice from Income Tax Department, dated 10/4/2017. The subject of the notice is non filing of ITR-FY- 2014-15. Information Description in the notice is ‘Deposited Cash of Rs.10, 00,000 or more in a Savings bank account- FY-2014-15. As per the notice a copy of acknowledgement is required to be submitted to the office of the undersigned within 20 days of notice.

What to do in this case? Please help me.

Dear Experts, I would luke kbiw about the service tax on Immigartion consultancy services. Kindly help

Is both of service provider and receiver are form outside of J& K, But the provided or consumed service in J&K. Is service tax applicable. If not Please proved notification.

For exp.: we service provided from BIhar and Client Service Receiver from Delhi. But we work INC service of BSNL in J&K. what the fact, please suggest.

I have registered my self for final in April 2011 I have to revalidate. I'm not able to reach Chennai office regarding fee.
Please someone help me with this

Please help me with this. I registered my self for final course in April 2011 I have to revalidate I don't know how much fee I'm supposed to pay I'm unable to reach Chennai office please someone help me

Hello, I am having this query in regard to a pvt ltd company carrying on the business of marble processing. The company is having some marble blocks as stock in trade, but since 2014 it has stopped trading in marbles. Since then it is carrying on marble processing business on job basis. But the stock is present both physically and in books too. So can the company now treat it as a capital asset as it is no more a stock in trade. Books of accounts for the year 2016-17 are yet to be closed. Please advise asap.

Dear Experts,
A proprietor has paid some business expenses through his saving A/C and paytm. pls tell me the accounting treatment for the same?

Thanks
ASAP

in manufacturing unit. if we have unused stock of raw material prior to 1 year and we avail ITC at the time of purchase. now, in Gst ITC will be reversed?

An employee left job in a company in financial year 2014-15 and joined another company. In Form 26AS for financial year 2015-16, there were two receipts, one is towards amount received from EPF trust of left company along with amount towards TDS deducted and second is salary received from another company.

Query is whether amount received from EPF trust is subject to tax i.e. whether it is exempt or not. if it is to be included, in which head it is taxable.