New business
This query is : Resolved
31 May 2016
Sir , i have a school and want to open another school by investing 1 crore
I have 2 crore from school cash book.
How to show the entry in school book for open another school
Please give us your precious suggestion
31 May 2016
you can invest the in new school for that you are taking the bill of purchase and make payment through the bank, its better for you to justify the this amount.
31 May 2016
How to pass entry in old school and new school
31 May 2016
For new school there was many expensess like land, construction, furnitures and fixtures so how to pass entry and how to take cash from old school and what entry will be passed in old school
16 October 2021
You need to consult a Local CA to ascertain the capital amount lying with the school, its taxability, and the eligibility as per deed to expend the amount in new project.
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
- Reporting Income under Section 44ADA
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 1: Details for showing Exempt Income
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
