while making balance sheet of LLP should show Fixed capital and variable capital of making partners capital.

Dear Sir,

We are a limited company without listed of share in Market.
One of the our shareholder is also company employee and company wants to taken loan from that shareholder .

so kindly guide to us can company taken loan from share holder also refer section.

Thanking you

Sir,
It assessee some shares transaction in f.y.2014-15. investment amount through on different cash loan un secured loans received from different persons.
Question:
Different cash loan amounts from different persons sec 68 provision applicable in it act.

Dear Sir,
I want to know weather works contract receipt comes under sales a/c or direct income A/c?

Because, in VAT bill there was a bifurcation of labor bill and the material bill. And we considered material bills under sales and labor bill under direct Income.

But in GST there is no such bifurcation. now how should we consider the contract Receipt?

Thanks in advance
Sowmya Santhosh

My wife is a salaried person and she got Intimation u/s 143(1) for ITR2 of A.Y. 2021-22 . It shows Opted for 115BAC : As provided by Taxpayer (yes) , As Computed u/s 143(1) (No) .

ITR2 is still showing under process in income tax portal. What should i do ?

Client : Dairy Industry
We as a supplier, supply Milk to Various Big dairy plants (Customers). Our Milk tankers after reaching the location, wait for their turn for Lab testing of Milk.
It took 2-3 days.
After Lab testing our "Milk taker" is accepted and then we came to know the nutrient content received by our customer. According to those nutrient content we raise invoices to them.

Here we can not Raise E-invoice (IRN) during the dispatch of MILK Taker as we don't know the actual deliverable at the customer's location. And it is fact that the E-Invoicing window opens up for 24 hours only.



So what can be done to comply with the law?

Regards

Two invoices were raised in the month of Oct 2021. First invoice was on 01/10/2021 & second on 31/10/2021. However only the second got reported in retrun. As such the customer the customer did not get credit for first retrun.
Q1. How can this be rectified through return
Q2. Interest and penalty to be paid (tax amount IGST Rs 86,400)

Dear Experts,

We are looking for customers to export our goods in Nepal and Bhutan in the coming FY. We are not sure whether we will be able to get a client or not?

Can we file the LUT after March 2022 if we get the customer for sale in FY 2022-23?

Sir,

I have filed my income tax return on 31-12-2021 by opting Tax payable under new Regime. But I forgot to file form 10IE till now. Now I have received a demand order to pay the balance amount of tax. Whether I have any option to file form 10IE right now. Is there have any solution for the said case?

Assessee received property from government under Dhanapatra ( for under previledged people ) and zero cost . How to record the property value in books of assessee and how to calculate capital gains in case of sale of such property