Entry at the time of investment
6.67% GOI (Investment) --46,37,500
Accrued Interest GOI Bond ( Investment) -1,30,620.83
To Party A/c 47,68,120.83
Now accrued interest received on dated
15-06-2022
Bank A/c Dr. 1,30,620.83
To Interest accrued GOI Bond 1,30,620.83
15-12-2022
Bank A/c Dr. 1,30,620.83
To Interest accrued GOI Bond 1,30,620.83
Now my question is that for twice accrued interest received how to treat in my books of accounts of Rs. 1,30,620.83+1,30,620.83 =2,61,241.6
Dear Expert,
We would like to know that one of our employee had purchased Mediclaim valid for 3 years in FY 2021-2022.
Now our question is that if she has not claimed in the financial year 2021-2022, can she claim it in the financial year 2022-2023 or not?
If yes, then our next question is, can she claim only for one year or can claim for the next year also. Since she has paid Rs.68,000 for 3 years, we know that Rs.25,000 can be claimed in 80D in one year.
Entry at the time of investment
6.67% GOI (Investment) --46,37,500
Accrued Interest GOI Bond ( Investment) -1,30,620.83
To Party A/c 47,68,120.83
Now accrued interest received on dated
15-06-2022
Bank A/c Dr. 1,30,620.83
To Interest accrued GOI Bond 1,30,620.83
15-12-2022
Bank A/c Dr. 1,30,620.83
To Interest accrued GOI Bond 1,30,620.83
Now my question is that for twice accrued interest received how to treat in my books of accounts of Rs. 1,30,620.83+1,30,620.83 =2,61,241.6
how to treat twice received interest accrued received on bonds.
For some reason i may have to select Goa as my exam centre when i appear this for may 2023 but since i am not very sure of the place i would like to know where the exam centres at goa are generally held??
In exam notification 2 cities are showing Mapusa and Margao, which will be more convenient to me? I am from thane city
whether interest accrued but not due will be shown as current assets and will be recognized as income in the year it is due
MANY GST PRACTITIONER IS PUTTING THE ORIGINAL SALES INVOICE NUMBER AS CREDIT NOTE OR DEBIT NOTE DOCUMENT NUMBER IN TABLE NUMBER 13 OF GSTR 1 . NOW I AM ASKING THAT ,
WHICH NUMBER WILL PUT IN TABLE NUMBER 13 AS A DOCUMENTS ISSUED NUMBER FOR A CREDIT NOTE OR DEBIT NOTE? ORIGINAL SALES INVOICE NUMBER OR CREDIT NOTE / DEBIT NOTE NUMBER?
While at the time of purchase i booked accrued interest GOI Bond
Accrued interest from Government of india bond received
whether it should be transferred to interest income
Bank A/c Dr . 250000
To Accrued interest from GOI Baond 2,25,000
To Interest received 25,000
Now accrued interest from GOI Bond received ,
whether should be transferred to Interest Income.
Yesterday I was Registering myself with ICAI in SSP portal and due to some issues on my phone..the gender was misselected my transgender rather than female. Kindly help me resolving with my issues.
Hello Friends,
Is there any provision/rule which restrict only the Directors/Managing Director is authorised to sign TDS returns. Are there any cases of non directors viz. tax heads can file TDS return using their DSC ?
Regards,
Manoj
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Treatment according profit and loss accounts