CHIT FUND RECEIVED AMOUNT QUERY
This query is : Resolved
02 July 2022
SIR,
It assessee chit fund monthly amount paid rs:50,000/- * 50 instalments total rs:25,00,000/- paid. if amount received rs:23,60,275/- from chit fund company.
Query:
Assessee differance amount show procedure in accounting books and treated in it returns.
It assessee chit fund monthly amount paid rs:50,000/- * 50 instalments total rs:25,00,000/- paid. if amount received rs:23,60,275/- from chit fund company.
Query:
Assessee differance amount show procedure in accounting books and treated in it returns.
02 July 2022
Difference amount charge it to p and l as chit fund discount.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Payment for sale in March and Sale deed registration to be done in April
- Treatment of TDS under Section 194-IA in case of cancelled property transaction
- Unable to file 3B monthly return
- Eligibility for filling NEW Form 121 from April 2026
- REGARDING ITR OF TRUST
- Lifting and cross charges
- SSY for 2 daughters
- GOODS TRANSPORT AGENCY RCM HSN CODE SUMMARY
- How to correct Form 26QB
- HOUSE LOAN REGARDING
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
