Daya

when Profit is earned by the company on 31st March 2023
There are three partners A,B and C and their profit ratio is 30:30:40 and Total profit is Rs. 10 Lakh
My question is that how to Books Journal entry in Firm Books and partners Books.
For Partners Book
P/L A/c Dr 10,00,000
To A Capital A/c 3,00,000
To B Capital A/c 3,00,000
To C Capital A/c 4,00,000
My question is that what entry should be passed in the books of Partners Capital account on 31st March 2023.


M.Ramkumar
15 June 2023 at 13:37

Applicability of Form DPT - 3

Dear Sir/Mam,
Whether current account(running account) maintained by company shall be considered as deposits for filing Form DPT - 3


Anil Naidu

Sir,
1.I have a small doubt regards GSTIN register , i have office in one place , from there to my Godown approximately 450kms in this shall i show additional place of business in GSTIN register or should i register one more GSTIN register
2. Same Business doing business in Karnataka and Tamil Nadu , i have to take two GSTIN register.


BANSI LAL KHURANA
20 June 2023 at 15:43

APPLICABLE OF TDS U/S 194Q

FORMER -A, COMMISSION AGENT -B, RICE MILL -C.
FORMER-A- BROUGHT ITS PADDY (FOOD GRAIN) IN THE GRAIN MARKET FOR SALE ON AUCTION AT COMMISSION AGENT SHOP-B. THE RICE MILLER -C- PURCHASE THE FORMER PADDY ON AUCTION . NOW THE COMMISSION AGENT -B- ISSUE THE FORM I IN THE NAME OF RICE MILLER BY SHOWING AS
PADDY VALUE WT*RATE (50.00*3000) 150000.00
DHAMI/COMMISSION @2% 3000.00
LABOUR - BAGS*LABOUR RATE (100*7) 700.00
TOTAL 153700.00
THE COMMISSION AGENT -B SAYS THAT I AM NEITHER PURCHASER NOR SELLER. I AM ONLY COMMISSION AGENT/MIDDLE PERSON. THE COMMISSION AGENT TRANSACTION WITH THE MILLER HAS MORE THEN 50 LAC IN A FINANCIAL YEAR. MY QUESTION IS THAT THE MILLER IS LIBLE TO DEDUCT THE TDS U/S 194Q FROM COMMISSION AGENT.


deepak
15 June 2023 at 11:50

Igst related

If a person import of second hand goods from foreign country for business purpose.and paid igst to the government and sell goods in Maharashtra to local dealer and collect gst from dealer, in such case he can claim ITC on import Igst paid.


Pranali Bhandari
15 June 2023 at 11:49

Change in advance income tax challan


What is the procedure of change of PAN No. in Advance income tax challan.

Kindly advise me what is the procedure


Vikrant Singh Deo
15 June 2023 at 09:55

MSME Billing

suppose a service provider is msme registered and the person who is taking the service is also msme registered so the service provider should mention the msme number of there own and as well as of the client also to whom they are providing the service . it is mandatory ?


CA Parul Saxena

1. Registered no is no more available in the office. I want to register for 2 FA what to do? Whether i have to change the registered mobile no on GST portal as while doing registration OTP is sent to that no only?
2. No given on portal is of Director but we want to give no of concerned person for E way bill generation what to do i mean how to create sub users?


SACHIN
15 June 2023 at 09:06

ITC AVILIBILITY OF TOUR EXPENSES

Dear Sir,

Company has planned for Staff Tour within India. For Tour We arrange all things like Transportation, Hotel Booking, Food etc. from One organizer and He will raise Invoice to us with tour Package services.

1. Gst can be avail on that Invoice ?


Ruchi Rakh

If there is a farmer who does not file income tax, if he wants to buy an agricultural land, then in which mode should he give the money to the person in front of him so that he does not get any income tax notice??






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