Mr A & Mr B were brothers jontly purchased a building for Rs 4,00,000/- (Both have equal share) during FY 1986-87. Later during FY 2015-16 they partitioned the same eqally. The market value at that time was Rs 50,00,000/-. Subsequently Mr A sold his share of building for Rs 54,00,000/-. In this case what is the cost of acquisitiion Rs.4,00,000 (or) Rs.50,00,000

WHETHER COMPANY WITH TURNOVER IN THE PRECEEDING FINANCIAL YEAR I.E. F.Y.2021-22 WOULD BE CONSIDERED AS SMALL COMPANY?
WHTHER CARO 2020 WOULD BE APPLICABLE IN CURRENT FINANCIAL YEAR IF T.O. OF COMPANY IN CURRENT F.Y. 2022-23 IS MORE THAN 10 CR?

What wll be the accounting treatment as AS of assets in Cash Basis and Accrual Basis of accounting

WHETHER PRIVATE LIMITED COMPANY CAN GIVE LOANS AND ADVANCES TO UNRELATED PERSON ?
WHETHER SUCH ACT IS WITHIN GUIDANCE OF COMPANIES ACT?

Dear Sir/Madam

I want to know whether gst ITC credit available on Rain Coat and Umbrela purchased for staff employees and plant employees??

Also share under which rule it will be eligible??

thanks in advance..

मेरा उम्र 27 साल पूरा हो चुका है, मैं b.com किया हु, क्या मैं CA ज्वाइन कर सकता हूं, जब तक CA पूरा होगा मेरा उम्र 32 साल हा चुका होगा, मुझे क्या करना चाहिए

HOW ANYONE DO ACCA COURSE AFTER BA IN SOCIAL SCIENCES

A PUBLIC LTD CO HAS 1 NON IN DEPENDANT DIRECTOR OUT OF 4 DIRECTORS(3 ARE INDEPENDANT DIRECTORS) WHO IS LIABLE TO RETIRE BY ROTATION .
CAN THE COMPANY NEED TO RETIRE THAT DIRECTOR AS PER SEC 152 .
CAN 1/3 RULE APPLICABLE.

If a firm is going into loss so can it increase the value of WIP to bring it to profit and to which extent..?
Please help

Thanks in advance

Dear All, We have delayed the gst payment of rs. 52 Lakhs for 16 months, hence according to this rs. 12.5 lakhs comes as interest Liability.(payment is due to differences between gstr 3b and gstr 1) Officer said that there is no need of issue order, we can directly recover the interest Liability by attaching the bank account as per sec 79 reading with sec 74. Is that section implying no need to issue of order for recovery of interest ?? Pls help.

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