Accounts QnA - Page No 716

All Resolved Open

Daya

29 October 2023 at 21:19

Is mandatory to pay within 45 days to MSME

is mandatory to pay within 45 days to MSME entities. if payment made after 45 days , what will be the consequences. And whether it is mandatory to present in balance under Trade payable seperately.

Daya

29 October 2023 at 20:45

Above Rs. 5K should be capitalised

whether above Rs. 5K should be capitalized.
And while payment in cash whether revenue stamp is required to affix on payment Rs. 5K. on payment voucher.

P.Madhivadhanan

29 October 2023 at 19:19

Permanent account number for non residents

An indian citizen joined employment in netherland. He is already having pan card. He wants to open NRO account in bank. This old pan card itself enough to open pan card. Current year he is Non-resident as per income tax act

santosh kumar aditya

29 October 2023 at 18:16

REFUND AFTER OUTSTADING ADJUSTMENT

Sir,
There was income tax refund awaited due to my previous income tax outstanding ,I have submitted response issued u/s 245 for adjusting my due to refund amount
After adjustment some refund is receivable but not received yet

Is there any issue??please help

Daya

29 October 2023 at 14:13

Advances paid for capital work in progress

according to schedule III
accounting group for advance payment for CWIP .

Daya

29 October 2023 at 13:51

Is overtime part of salary and wages

is overtime part of salary and wages.
Is bonus grouped under salaey.

Daya

29 October 2023 at 13:45

Ageing schedule of Trade receivable and trade payable

what is ageing schedule for trade receivable and trade payable according to scheduled III of balance sheet.

Daya

29 October 2023 at 13:40

GST Input Registger

can I make GST Input register monthly in this way

Sales 1000
Add Debit Note 100
Add GST Payable RCM 200
Sub Total 1300
Less Credit Note 50
Sub Total 1250
Less GST Input 500
GST Input RCM 200 700
Net payable by Cash 700
Is correct process