My company has purchased 100 pcs Diary & send to printing press for printing the Company name & address on the Diary.
Printing press charge of Rs 52000/-.
Please inform me TDS is applicable or not.
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My company has purchased the AIR TICKET from Travel Agent for Rs 35000/-
Travel Agent charge of Rs 3500/-

Please inform me TDS is applicable or not.

Sir,
A partnership firm cash loan received from one of a partner Rs:10 lacs.this amount unsecured loan from partner name transactions treatment in firm books.
Question:
A partnership firm above rs:10 lacs unsecured loan amount on interest and Tds deducted compulsory in I.t. act.

Under which accounting head ledger for Discount/ rate difference ledger should be created used for both credit note issued & credit note received as well as debit note issued & debit note recieved

Two Partners A & B Profit Sharing Ration 50%- 50%
Rate at interest 12%

A Capital Bought IN 600000/- Withdrawal 80500/-

1.5.19 Capital Bought-150000/-
5.6.19 Capital Bought-100000/-
16.6.19 Withdrawal- 7500/-
19.7.19 Withdrawal- 7500/-
1.8.19 Capatila Bough- 50000/-
15.8.19 withdrawal- 7500/-
15.9.19 withdrawal- 7500/-
15.9.19 Capital Bough- 50000/-
15.10.19 Withdrawal- 7500/-
10.11.19Capital Bough-50000/-
12.11.19withdrawal -7500/-
1.12.19Capital Bough- 50000/-
15.12.19Withdrawal- 7500/-
1.1.20 Capital Bough - 150000/-
18.1.20 Withdrawal 9000/-
11.2.20 Withdrawal 9000/-
15.3.20 Withdrawal 10000/-
Interest Partner Capital Calculation ?

Respected Experts,

We are manufacturer and file GSTR-1 & GSTR 3B on monthly basis. Presently, we are very confused that what will be the basis of ITC. Let suppose our total ITC in books in Dec-20 is around 22 Lacs.
GSTR-2B shows around 18 lacs, in which some traders have not filed their GSTR-1. So how many ITC we can claim?

Also, guide us we have to file our GSTR 3B on 2B basis or 2A basis, if 2B basis, what will be the roll of GSTR 2A in presently scenario.

Kindly guide me.

Rakesh Sharma

If i complete bcom 31 may 2021 then all step by step procedure of ca

HOW CAN I GET FMV AS ON 2001 TO CALCULATE CAPITAL GAIN TAX. OR PROPERTY READY RECKNOR RATE FOR A PARTICULAR PROPERTY.

Financial statements were finalised and uploaded with Tax Audit Report. There has been an error in the value of closing stock. What recourse is available for correction of the same. Can one revise the profit and loss account and balance sheet and tax audit report ? Please guide. Thanks

One of my client is registered under gst and main business is food supply, for this he is under 5% slab, collecting gst from customers and remitting.

Is he eligible to claim ITC on carry bags, which he uses it for packing the food.

Note: The supplier charges 18% GST on carry bags.


Please clarify with link.

The application for duplicate marksheet of Cpt should be handwritten or there is any form which I have to fill and submit