Sir i have paid car insurance of rs 74918 on 13.04.2017, how much amount will be prepaid as 31.3.2018 and also solve accounting entries..

How to follow invoice numbers , my invoice number as on 31-3-2017 is 111 .whether i have to follow 112 or 1 as on 1-4-18.

Please give probable answer?

Hi, We have been exporting goods under LUT, however the LUT is going to expire on 2nd April, the documents
for renewal of LUT are already submitted with the excise authorities on 26th March, 15. I have the following
queries in relation to the same :
1) Is there any stipulated time within which the renewed LUT will be received by us ?
2) What if the renewed LUT document is not received before 2nd April ?
3) Will we have to pay duty on export if renewed LUT is not received before 2nd April ?
4) Can a extension of the existing LUT be requested with the range office or Division office till the renewal of
LUT ?
Please reply on urgent basis. Very IMP

I have booked a flat with total consideration of About 38 Lakhs, out of which 4 lakh I have paid in advance. The builder had issued a demand of Rs 28 lakhs being the part payment of the above flat in March 2017. I have requested my bank to disburse RS 16 lakh from that demand and they have issued DD dated 30 June 2017 in favour of Builder.

The builder had charged 12% GSt on it rather Service tax 4.5% on the amount stating since the receipt in thier book is after 1 July 2017.

I understand that demand raised in March 2017 & DD issued on 30 June 2017 only hence GST should be applied on that part and service @4.5% should be charged.

Please clarify.

Regards
Amrish Joshi

Dear Sir/Mam,

A person named Mr. X has entered into JV with Mr. Y in the year 2012 and now they are selling the property, in the year 2018-19 whether Long Term Capital Gains arises for the same...

Hi,

TDS was deducted for a person during advance payment of PF. At the time of withdraw of PF amount, he not had PAN no., hence deducted TDS around 33%. Now he has taken PAN card and received a letter from PF office without mentioned PAN no. about the deduction of TDS.

How to get refund of this TDS amount as it was deducted without PAN No.

Regards,

Mallika. P

Sir

My Name is T Shaiksha Vali. I Have passed CA - IPCC (group-1) ANd Completed Articles. Now Can I Take ATC Certificate from the Institute? If Yes, after taking Certificate Can I write Group - 2 ? If Yes Should i under go articles again to Write Final? Pls Suggest me Sir
Thanks in advance

my turnover is exceeds 20 lakhs but i have not required to registered u/s 23 (1)(a) of CGST act

What is solution about compulsory mention GST number under ITR 4???

Dear Sir,
We need your suggestion we don,t have any consultant.
please suggest below entry in tally is right or wrong

Total Tax as on 31 March 2018 79320/-
advance tax Paid in Dec 15000/-
Paid in March 50000
Total Paid 65000
Self assessment payble 14320-00


Entry in Tally 31.03.2018

Capital A/c 79320-00 Debit

Provision for tax 79320-00 Credit


Provision for tax 65000-00 Debit

Advance tax 65000-00 Credit

Hi Team,

I was reading the chapter VIII of the companies Act 2013 which deals with Dividends. According to section 123(3) where there are inadequate profits or the company has incurred loss, the company can still declare dividends. However such dividend shall not be declared at a rate higher than the average dividends declared by the company during the immediately three financial years. However, this rule will not apply if a company has not declared dividend in each of the three preceding year.

Question: Does that mean where a company has not declared dividend in the prior three financial year? So example ABC Co ltd wants to declare dividend for the year 2017 Financial year. However, ABC limited losses in 2017 Financial year, it did not declare any dividend in 2016 year. Does that mean it will have the choice to declare any percentage of the dividend.

We are assuming other conditions for maintaining reserves etc is met.