Srinivas Vedula
14 March 2025 at 22:46

Mobile phone purchase by a company

Here is the scenario. An employee broke his personal mobile and asked the owner of the proprietor ship firm to help him out in purchasing a personal mobile from a mobile dealer who has regular business with the firm. The vendor raised an invoice in the name of the firm (proprietorship firm ) and handed over the mobile to employee. When the payment was made by the firm to the mobile dealer when it recovered the entire cost of the mobile from the employee from his salary (paid in cash each month). The mobile phone dealer acknowledged that he has received the money from the employer. Now the employer has shown the mobile as his company asset in the books of accounts and claimed Rs 2899 of input tax credit in GST and depreciation as capital asset (office equipment). Can the employee sue the employer for the same?? What is the declaration employee has to take from the employer???


Anand Prakash Garg

Dear Sir

If any particular script is sold at loss and the same day you buy lateron same script.
Is capital loss can be adjusted against capital gain. In short, we want to reduce capital gain tax.


peer aajiz
11 March 2025 at 21:47

DISA Notes

I NEED DISA NOTES


chinu
10 March 2025 at 16:53

Redemption/ switch of mutual funds

I have invested in few mutual funds 17 years back through a broker who is not in touch after that. Will I be charged the exit load if I switch my mfs in the same fund houses from regular to direct investments?
Please suggest any way out where I save my maximum amount if I want to redeem these mfs, without losing my money in brokerage as the broker was of no use.
Also please suggest the way to invest this amount to maximise the return.
Thanks in anticipation...


aida hanan
04 March 2025 at 16:26

What is a journal publication?

A journal publication is a research paper or article published in an academic or professional journal. It presents original research, reviews, or case studies and is usually peer-reviewed to ensure quality and credibility. Journal publications help researchers share their findings with the academic community and contribute to advancements in their field.

https://www.gulfpublications.com/journal-publication







pradnya
03 March 2025 at 11:14

Query on Salary structure

a) Can a company have different set of salary structure for different levels of employees ?
b) Is it legally allowed to pay 100% salary as basic salary ?
c) Is it allowed not to include HRA in salary structure if employee agrees for the same ?


Jeetu Raj
27 February 2025 at 17:12

Business Project report

I need a CA's digital signature on my Mukhyamantri Yuva Udymi Vikas Yojana business loan project report


Suresh S. Tejwani
25 February 2025 at 16:24

TDS Form 27C

WHAT IS THE DUE DATE FOR FILING FORM 27C AND IS THERE ANY LATE FEES OR PENALTY(ADDITIONAL CHGARGES)FOR LATE FILING AND MAXIMUM HOW MANY YEARS OF FORM27C CAN BE FILED?


Somnath
24 February 2025 at 12:49

MANAGING TRUSTEE as per Trust ACT

Dear All
Is there any clear number of maximum managing trustees as per trust ACT ?
Managing trustee may be one or more , who should be appointted by board of trustees for managing trust as per objective.
Plz confirm...


Sachin
24 February 2025 at 10:02

Urgent query on Net Worth Certificate

My Client is looking for Net Worth Certificate for his Son's abroad studies. He has provided everything as required for the net worth certificate. However, for the residential property do we need valuation report from register valuer or we can use market value for this purpose?