Sir,
ABC Co .
Insurance a/c
01.4.2016 To 31.03.2017
Date Particulars Debit Credit
1.4.2016 Prepaid Insurance 19,860/-
9.5.2016 Bank 1.894/-
21.11.2016 Bank 8,278/-
13.2.2017 Bank 3.746/-
24.3.2017 Bank 546/-
24.3.2017 Bank 4,649/-
---------------------------------------------------------
Total---------------------------------------- 38,973/-
Please Prepaid Insuranc Calculation Detail
Dear Experts,
how to treat with prop's fund in ITR 3, is it same of last year mention in return
or any fluctuation have to made, if yes then wht is the treatment
What is the difference between schedule III and Revised Schedule III.. I am preparing Financial Statements for the year ended 31.3.2017.. Please tell what is the difference between old and new Schedule..
Company is only having rent income from letting out office premises. Company has stopped doing any business activity. So this rent income is taxable as Income from House Property. Can company continue to claim depreciation on same office premises. Also in next year company has sold the premises, how it will be treated less from wdv & rest short term capital gain or indexation benefit will be calculated ????
If a bank deducts TDS, even after submitting 15G/15H, does the assessee has any remedy available from income tax / RBI perspective?
Please let me know whether Provident Fund contribution is optional for an employee with basic wages below 15000, If an employee gives a letter not opting for PF coverage
whether 24 Q tds on salary on return
paid /credited to salary to employee = gross salary of employee
Sir, My friend receives rent 3000 per month. He has registration in gst. Then gst is applicable on rent. Thanks .
Dear Experts,
In GST, when we received short material, want to return whole material or received excess rates material. What we shall do? Please explain my below queries :-
1) Is there only liability of Supplier to issue credit note? Can we raised Debit Note (by Buyer) when we received short material or excess rates material received.
2) does buyer can issue debit note?
Please advise,
Rakesh Kumar
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Prepaid insurance calculation