partnership firm balance sheet

News

Insolvency and Bankruptcy code has changed debtors and creditor relationship


FM inaugurates the National Conference on Insolvency and Bankruptcy Changing Paragdigm in Mumbai Creditors and Debtors perspective Striking the balance The Union Minister of Finance Defence and Corporate Affairs Shri Arun Jaitley said that since the Insolvency and Bankruptcy code has been implemente

Position regarding applicability of GST on Legal Services


Position regarding applicability of GST on Legal Services provided by individual Advocates including Senior Advocates and a Firm of Advocates There are points being raised about the applicability of GST on legal services provided by advocates whether it is in forward charge or reverse charge It may

Multipurpose Empanelment Form (MEF) for the year 2017-18 is live now


Multipurpose Empanelment Form MEF for the year 2017 18 is live now We request all the members holding full time Certificate of Practice firms as on 01 01 2017 to fill the Multipurpose Empanelment Form 2017 18 carefully and submit all the fields of this MEF form Endeavoring to facilitate you for subm

Provisional panel of CA Firms/LLPs with the C&AG


Hosting of provisional panel of Chartered Accountant Firms LLPs with the O o CAG for the year 2017 2018 The Office of CAG is hosting the Provisional Panel of Chartered Accountant firms LLPs for the year 2017 18 for indicating the position detailed point score of the firms The provisional panel will

Inviting expression of interest from CA firms for Indian Railways project


ICAI Accounting Research Foundation ICAI ARF established by the Institute of Chartered Accountants of India in January 1999 as a Section 25 Company under the Companies Act 1956 now a Section 8 Company under the Companies Act 2013 for promoting research in the areas of accounting auditing capital mar

More News



Experts Opinions

Change in name of auditors firm from a r mutha & co to maac


Do ADT 1 need to be filed if the company auditor firms name has been changed from A R MUTHA CO To MAAC Associates Please Hep me with this query

Filling pan application for partnership firm


Under business code while filling PAN application under column to fill business code for partnership firm I am confused I am going to start a shop where I will use CNC machine to make bed cot almirah door etc with various design from wood aluminium etc and sell it off to customer on retail basis so

Construction firm


Hello One of my client i e A partnership Firm doing a construction business They construct an apartment After construction complete they sales all flats to their customers They never take an advance payment from their customers In this case GST no is required total sale amount is about 1 2 crore

Partnership firm profit percentage


SIR WE HAVE INCOME ARRIVED FOR RS 21 39 400 IN OUR FIRM FOR THE A Y 2017 18 I HAVE TOTAL EXPENSES OF OUR FIRM RS 19 12 000 I HAVE PARTNER SALARY RS 72000 I HAVE INTEREST ON CAPITAL RS 146000 AND NET PROFIT IS RS 9400 I HAVE PAID TAX RS 2900 NOW THE QUESTION IS THE ABOVE CASE IS COMES UNDER 44AD OR N

Partnership firm 44ad


I am parner in a firm my firm return u s 44 ad can in give remuneration to partner 8 is calculate before remuneratation or after remuneration

Discussion

Sale of an old car by a partnership firm

We are a partnership firm registered under GST We are NOT in the business of trading or dealing in cars As per established practice and as allowed by law a partnership firm can pay for a motor carpurchased in the name of the partner and book such a vehicle as an asset of the firm The original invoic

Fixed Assets in Partnership

if the car purchase by one of the partner on his own name and car loan too now this car should be taken into partnership firm account or not and loan interest will be allowed in the firm

Depriciation in care of prop and partnership

Is it mandatory for proprietor concerns and partnership concerns to incorporate the depriciation in the pl

how to deel vehicle running collection & expenses of firm's owned loory

we are traders in keralawe have owned lorry s we use that vehicle own purpose and other purposehow to handle the running collection expenses in gstr 1 or gsr 2

closer of firm in GST

How To close business in GST

More Messages






File Download

  • GST Report Computation With Auto Calculate

    GST Full Report With GST 3B Calculation Fully Automatic Working Anil Pedhadiya Jamnagar
  • Form 3CD applicable for A.Y. 2017-18 [Considering ICDS disclosures and amended clause 13 and 31]

    Dear All Greetings Are you worried about the recent changes in Tax Audit Report and disclosure requirements as per ICDS for Assessment Year 2017 18 in Form 3CD No problem I ve put together in this attached excel sheet all 41 clauses along with necessary enclosure of Form 3CD after considering 1 the amended clause 13 and clause 31 2 ICDS Disclosure 3 ICDS adjustments required for computation of income The attached Form 3CD is just a proforma you have to make suitable modification as required based on your client and information at hand I hope you find it useful If you have any questions or concerns don t hesitate to let me know and I look forward to hearing from you Integrity is doing the right thing even when no one is watching Best Wishes Regards SHREYANSE JAIN Malleshwaram Bengaluru 91 8296792059
  • GSTR 3B and GSTR-1 Excel Templates from Skorydov

    Use the intuitive interface of MS Excel to manage your GST compliance GSTR 3B and GSTR 1 template is being widely used Step 1 Download Excel Template Step 2 Enter Import Sales and Purchases details Step 3 Correct mistakes if any that is prompted by the Excel sheet Step 4 Export to GSTplus com to get your GSTR 3B Step 5 Export to GSTR 1 with the same template More details on https gstplus com excel
  • GST 3B Auto Calculation

    Fully Automatically Calculation Only Input Outward Enter And Directly Results
  • GST Liability Set off Calculator

    This file will help you in filling the data at GST Liability set off sheet You need to enter GST Head wise liability and available GST input and the sheet will provide you how your GST input set off and how much GST head wise need to pay

More Files

Articles

Minimum and Maximum Numbers of Partners in LLP vis-a-vis partnership


Particular The LLP The Partnership Minimum Number of Partners 2 2 Maximum Number of Partners No Limit 50 Effective from 01 04 2014 As per Section 6 1 of LLP Act 2008 1 Every limited liability partnership shall have at least two partners It is basic essence of any partnership to have at least two as


Assesement of partners of limited liability partnership


Limited Liability Partnerships are one of the most preferred business structures for service sector and for small and medium enterprises Limited Liability Partnership concept of business structures are preferably used in UAS UK Canada Japan and various other countries In India Limited Liability Part


Making Excel Worksheets Look Professional - A Case Study


Dont you get annoyed when you see an ill formatted excel worksheet Inconsistentfonts and font sizes alignment and other non uniform formatting is not something anyone likes to see in excel sheets Who doesnt like to see worksheets which are properly and consistently formatted Professional looking wor


Starting a CA firm? Here's a loan tailor-made for you


Raj Udeshi at an early age had a very clear idea that he wanted to establish his own Chartered Accountant CA practice After earning a Chartered Accountant CA degree he joined a Multinational Company to gain industry experience During his working years he established himself as a competent CA and yea


Partnership in corporate social responsibility


CORPORATE SOCIAL RESPONSIBILITY AND SELECTION OF ORGANISATION FOR PARTNERSHIP We Indians have charity inherited in our heart we have grown by seeing that our fathers and forefathers are donating in various temples mosques gurudwaras and churches We are donating or doing philanthropic works without k


More Articles


Updated on : 9/18/2017 5:25:15 AM



CCI online coaching GST course




CCI Jobs

×
close x
Download GST App    |    x