If a company is engaged in construction activity. Every month he is raising invoice to client and submitted it for client certification. certified amount may vary subject to certification. In this case-

How will treat this revenue in books of accounts. Un certified revenue also consider for company's revenue?

Tax invoice at which stage to be raised? After certification or at the time of submission of bills to client.?

Please help to resolve this query

Is cash flow statement mandatory for LLP?


Thanks in Advance

Issue coming in STCG (Equities/STT paid) Tax calculation. This problem was not there in Offline Utility ver 1.0.9,
but started from Ver 1.0.10 onwards. The STCG (Equities/STT Paid) is taxed at 15 percent. This is showing correctly in CYLA, BFLA but amount not showing in Sch Special Income. Again the STCG @ 15% is not calculated in Part B-T1. In PartB-T1 computation the value is shown in row/item 3 under Capital Gains -sub item STCG @15%, but is not showing in calculation in item 10 (Income chargeable to tax at Special Rate) and again not showing in Item 13 -Income which is included in 12 and chargeable to tax at special rates. The result is that the whole STCG is added to the income (ayt applicable rate) instead of charging it at 15 percent and then adding.

Raised grievance in early Sep21 in Portal but still problem exists. Is there a solution to this?

Dear Sir/Madam.
Our company is A Ltd sold goods to B Ltd as on 20-05-2020 Rs. 10,000+1800 = 11,800 including 18% GST but we wrongly entered GST No of D Ltd and filed GSTR-1 May-2020 in 10th of Jun-2020. Customer B Ltd send us amendment in GST No. as on 31-08-2021 but we did not submitted till 19-10-2021 & we had filed Sep-21 GSTR-1. Now in this case what A Ltd have to do regarding this matter. how to rectify this. if there is any interest or penalty to be Pay by A Ltd for this so please how much. I request complete process in this type of issue.

GST Input on custom duty was not there in 2A...i used search BOE option and now custom duty input gets reflected in 2A...but the problem is this input is not there in 2B...as i have used this option today...now what to do?
Claim this input in Sep 2021 or Oct 2021 3B?

Whether Statutory audit is compulsory for companies only or other entities like partnership/proprietorship etc. Please guide?/

CAN A SISTER GIFT TO HIS BROTHERS HUF . HUF WAS CREATED BEFORE 2005.

Dear All

Pls suggest: whether tds is deductible on bill raised for travel company for air travel bills? if yes, at what rate and under which section?
Thanks in advance.

Sir,

I want to know the correct TDS applicability on the below mentioned transaction

I have made an advance payment against performa invoice during the financial year 2020-21 @ 7.5% (Rs. 175000 @ 7.5% - 13125). But received original invoices during the financial year 2021-22 (175000 + Tax). Whether I am liable to TDS during the current financial year?. If Yes at what rate I have to remit the TDS. Am I liable to remit balance TDS @ 2.5%?.

THERE IS STT, TRANSACTION AND SEBI CHARGES, BROKERAGE AND SERVICE CHARGES AND STAMP DUTY. HOW TO CALCULATE SPECULATIVE INCOME AND STCG CONSIDERING ALL THE ABOVE PARAMETERS. YOU MAY SHOW WITH EXAMPLE. I AM UNABLE TO FIND A GOOD EXAMPLE ON THE INTERNET, WHICH CONSIDERS ALL THE ABOVE PARAMETERS. IT SEEMS NOBODY IS CLEAR ON THESE.