Hi Experts,
There has been death of a trustee of charitable trust registered u/s 12A and 80G. Should the trust now with 2 trustees inform the AO in a specific format?
Are there any other formalities, so that the registration u/s 12A/80G is not affected?
Can anybody please share template of transfer pricing policy for an organization
Can the entry of security deposit be shown in accounts on payable basis?
Journal entry in the books of LLP and Partners capital on 31st march
what entry should passed of tax distributed among partners capital and Profit and loss transfers among partners in the books of LLP and Partners capital account.
Tax paid by LLP such as
Advance Tax paid Rs. 10,00,000/-
TDS Receivable Rs. 5,00,000/-
TCS Receivable Rs. 5,00,000/-
Total Tax Amount Rs. 20,00,00
There are three partners and Ratio are A 50%, B 25% and C 25 % whether I can pass journal entry on 31st march in LLP Books
A's Capital A/c Dr. 10,00,000
B's Capital A/c Dr 5,00,000
C's Capital A/c Dr 5,00,000
To Advance Tax 10,00,000 To
TDS Receivable 5,00,000
To TCS Receivale 5,00,000
Now my question is that can I pass in the books of partners capital on 31st march .
Advance Tax A's Capital 10,00,000
Advance Tax B's Capital 5,00,000
Advance Tax c's Capital 5,00,000
To Partnership Firm LLP 20,00,000
Please reply, is correct or incorrect Entry.
If Group company loan provided to other company interest free , whether it is fair to give interest free loan to other companies.
Dear Sir,
We have sold Factory land in the Fy 2018-19 which was acquired by us 40 year back from RIICO on lease for 90 years, now the GST Deptt is telling us to pay GST on it. We are arguing that the document to register this sale is Registred Sale deed not Lease Deed, and as per Schedule III sale of land is not covered under GST and there is no mention of Lease hold land or Freehold land, it only mentions land. I am not able to understand are we on correct line or we have to pay tax . Is there any case law status in your knowledge
for 2 factor authentication ihad created sub user on eway bill system .E way bill is generating but while logging from sub user id and password on e invoice portal e invoice tab is not activating...
Greetings Sir/mam,
Kindly let me know whether Staff welfare exps are covered under Negative List and reporting under Clause 44
If a UAE based company wants to provide software consultancy services to individual person in India, is there any tax (customs/vat/gst etc) or license that the UAE based company needs to consider?
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Death of trustee of charitable trust registered u/s 12A and 80G