Sachin Kumar
06 June 2022 at 16:32

ESI PF Applicability

I am appointed as CS in company @25000 per month.
Company is saying me that PF, ESI will be deducted from your salary.
Company is saying that they will show basic salary less than ₹15000.
I do not want PF, ESI to be deducted.
How can I opt out of PF , ESI applicability ?


harendra
06 June 2022 at 16:04

Tds under 194 ic

Dear Sir

My aunty get Rs.26000/- pm rent from builder & builder is deducting tds u/s.194 ic .
this will be income from house property or something else ?
My aunty is residing in village in his own house.

Regards
Harendra


Daya

when booking Depreciation
Depreciation A/c Dr ( Indirect Exp.)
to Accumulated depreciation ( Under which group)


Daya

what are difference between Depreciation Vs, Accumulated Depreciation. Tax treatment of Depreciation and Accumulated Depreciation in Books of accounts and whether Accumulated depreciation is annually charged to profit and loss account.


Kollipara Sundaraiah

SIR,
case-1:Trade creditor balance rs: 2 lacs and trade debtor balance rs:1 lacs and another trade debtor balance rs:1 lacs outstanding balance as per books.
case-2: cash loan creditor balance rs:1 lacs and cash loan debtor balance rs:2 lacs outstanding balance as per books.
Query:
Assessee above mentioned two types cases outstanding balanceses book adjustment entry passed in books accepted under it act.


PARAS CHHAJEDpro badge
06 June 2022 at 14:38

Vivad se Vishwas Interest on Refund

An assessee had paid tax demanded and interest thereon in compliance to assessment order and also filed an appeal against the order. During pendency of appeal he applied for Vevadd se Vishwas and finally Form 5 has been issued. The assessee is entitled to some refund on account of excess payment of tax. Please let me know whether any interest may be claimed on such refund. Further, while filing VsV forms the assessee was not allowed credit for TDS which he now wants to claim separately. Will he be allowed to claim such TDS and interest thereon.

Please guide.


Esakkiammal Moorthi
06 June 2022 at 14:11

MCA PAY LATER CHALLAN

Sir I have uploaded E form. Some times SRN No.is generated or it says Gateway Timeout. Even if SRN No. is generated, it will generate pay later challan, the screen will come back to first screen without generating pay later challan. What should I do? to generate it sir?


Daya

what is mixed supply and composite supply in GST .


bhaskar sharma

One can claim GST ITC on Fixed asset purchase or make provision for Depreciation on fixed asset in P & L Account ?.B


Bapun Dasgupta
06 June 2022 at 12:51

Date of Financial Statements

A trust was registered on 25 August, 2021. However, the first financial transaction, i.e. transfer of corpus fund occurred on 5 November, 2021.

While preparing the financial statements for the period ended 31 March, 2022, what should be the headline on the top of the income & expenditure account :
"Income & Expenditure Account for the period from 5 November, 2021 to 31 March, 2022"
OR
"Income & Expenditure Account for the period from 25 August, 2021 to 31 March, 2022" ?

Shall be thankful for the reply.

Best regards





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