We have one situation and is described as:

Suppose LOAN is taken from PNB bank & is transferred to the Company's bank account- IDBI bank.
Later on, the loan is transferred to the owner's Saving account (VIJAYA BANK).


But EMI payment is being done thru company IDBI Bank account only. How entries will be done?



Eg.

MAIN COMPANY > LOAN from PNB bank > Get the loan from pnb bank > Amount is credited to the company's IDBI current bank account > Later loan is transferred to owner's personal saving bank a/c (VIJAYA BANK) > EMI is paid by company's current bank account till date.



A loan is taken 4 years back. Which entries need to be passed in Quickbooks/ Tally?

What is the meaning and difference between for book keeping account and cloud accounting and quick books.

Pls advise us as to whether we can claim GST-TDS after the original GSTR-7 has been filed.If yes, what is the time limit and in which Form.

To illustrate, if i have filed GSTR-7 for FY 19-20(any month) and claimed 100/- and later on I want to claim additional 20/- , so whether I can claim 20/-?If yes, what is time limit and in which Form should I claim the 20/-.

We buy goods from A and order him to despatch directly to c. A generated ewaybill in bill to ship to mode.
My question is that is that any requirement to generate ewaybill from me also.

Plz tell us which class of digital signatures required for filing import export code licenses application filing. Dgft.gov.in

I have proprietorship business and i have export services with GST tax invoices and i have received foreign remittance. So my question, is any tax applicable on foreign remittances
and any limit for receiving foreign remittance.

I have taken a term loan from PNB Housing Finance Ltd and making a repayment of loan on monthly basis (Interest + Principle). So i want to know whether tds is applicable to be deducted on interest amount in this case .
Thanks in advance

Sir, received a non filler of ITR for ay 2013-14 while TDS was deducted by company as well as on FD also. It shows compliance US 194a; 192b; 194
Actually ITR was missed for said ay and provide all documents to a consultant whom has filled ITR( Rs 9,71,890) in October 2015 (manually above 5 lac). Moreover NO stamp & date printed on original copy of ITR. He has deposited self assessment challan also even it was not required to pay.
Now, what to do, please advise.
regrads

Dear All

I am having a GST registered Entity in Karnataka. We got the Advt services from GST registered entity in Maharashtra. The Place of supply of service is in Maharashtra, So the GST was charged as CGST and SGST in the tax invoice. Can we claim it as Input Tax Credit?

Please respond to above my query.

if we paid consolidated Staff wages through bank, is it required to contribute EPF & ESIC? is there any legal issues through labor officer for not contribute?