Sir,
In proprietorship firm personal loan of propritor can show in balance sheet

module illustration 4 ending note.Pls if anyone can explain

I have received one Amended Invoice from vendor for the purchase of service effected in August-19. Got details today while preparing for GSTR3B for September 2019. Now I am confused about how to give account effect of the same. I am using Tally 9 for my accounts. If I try to raise debit note for purchase of August in Sep-19 all the numbers of issued debit notes changes as the debit notes are generated up to 15 Oct 2019.

I will appreciate of proper solution is suggested.

Praful Mehta

Bank insisting on 15CA part D although no tax is due and also a certificate by CA is provided. The money was received by way of property sale by NRI. What are the options of dealing with this situation?

Thanks

Autocad & Windows Purchase for office use weather fixed asset or exp in accounting???

Hi Experts

I have a following queries!

1) If a land lord entered into Revenue share model with the builder for construction of Mall(60:40 share) then what will be the capital gain tax implication? how to compute? what will be the sale consideration?

2) How to form a special purpose vehicle for JD purpose and whether the profit share ratio should be matched with capital contribution?

3) What are the key compliance should be fulfilled to Safeguard the Interest of the Land Lord from Income Tax & GST.

If Any useful links or materials available in this regard please share to casureshgowda@gmail.com

thanks in advance.

If commission income is 1crore 21 lakhs and net profit is above 20% so it is liable for 44AB or filed the return in 44AD taken as Presumptive income.

The companies are maintaining canteen for employees particularly the number of employees exceeds 250. The company is recovering cost (part of the food) from employee salary and contributing cost of the food. The all the vegetables, grocery , milk and fuel have been purchased by the company in their name.

There are two point of view that recovery from employees for canteen is subject to GST as outward supply and another view that no GST is payable.

Recently one advance ruling is given in Kerala stating that GST is payable for canteen recovery.

I request expert view of whether GST is payable or not for canteen recovery of employees.

computer accessories purchase then this item come which head in account
and purchaser come which head..and how to pass entry

Dear Sir,

Could you please confirm whether we can claim ITC on the motor car repairs & maintenance bill or not.

If not then how to Interest rate will be consider for wrong ITC taken on motor car repair & maintnenace bills

Please revert on the same.