Dear Sir / Madam
In Charitable Trust balance sheet depreciation of fixed assets were never accounted since years. Now for some reason and to avoid tax it
is necessary to take depreciation on books. Now my query is how to take depreciation on fixed assets I mean the original value should be taken as opening balance of FY 2017-18 of any fixed asset or will have to take from year of original purchase and how much amt is allowable. e,g, If the opening balance of Furniture is say Rs.100/- as on 01.04.2018 and it was purchase in the year say 2013-14 then 10% of 100 means Rs.10 is be taken as depreciation or otherwise Please explain.
Thanks in advance.

A proprietor has phone number in his individual name. So he can not register his GST No with the telephone company (by rule of tel cos.).
Has to register telephone co as registered one in Tally Master.
He will not get Input Tax Credit as there will not be one to one match.
How to enter the telephone bill in Tally ERP 9 as it is ineligible for ITC, i.e. entering the GST but not claiming ITC.

I scored 197 marks in ca final group 1.......
Details-68 in fr.....61 in sfm....38 in audit.....30 in law....
Query-How many exemptions I can claim??
Please suggest me....
Thank you

Mu father had two godown registered under Gst, now I have registered my own firm on one of those.Both of us would be dealing in same goods.My questions are:
1) Whether we both can utilise that place?
2) If we cannot share same place then goods bought under father's firm is placed and cannot be moved from godown.Do I need to show it as a supply to my firm and if yes then how? Although supply would be made from father firm to my own, would there be a need for eway bill?
Would really appreciate your help, Thanks.
Let me know if you have any other suggestions.

Two appeal petitions filed by my client against 2 separate O-I-O were disposed by a single O-I-A by CCE (Appeals). Is it mandatory to file 2 separate appeals before CESTAT against the O-I-A? If so under what provision?

DEAR SIR/MAM,

I RECENTLY CLEARED MY CPT JUNE 2018 ATTEMPT. THEN I REGISTERED MYSELF IN IPCC CPT ROUTE BUT BY MISTAKE I REGISTERED IN IPCC DIRECT ENTRY ROUTE. NOW SIR WHAT CAN I DO FOR REGISTERED MYSELF IN IPCC THROUGH CPT ROUTE. PLEASE HELP ME ASAP!!!

Sir, if partnership firm turnover below 2 crore & after remuneration & interested paid to partner net profit below 8% can audit compulsory or profit 8%on turnover compulsory before remuneration distribute or after remuneration if firm turnover is 1 crore can profit showing 8% means 8 lakh please guide advice

Hello freindz....

I am earning salary of 8 lakh, besides i have also traded in stock market and having speculation loss of Rs. 4167 in intra day trading,
My question is which ITR should i have to file
IF itr-3 than , should i require to file P/ l and balansheet also,
if i opt in No Book in ITR 3 and im showing Net loss ( dispite having inocme from salary more than basic exemption limit), will i have to do tax audit.

my salry is 8 lakh
and Speculation loss( Intra day share trading ) 4167...

Thanks & Regards...

Sir,
In tally drawing accounts come under which account??

my one of the relative have income from e-stamp sales . around 80lakh sales of stamp and out of income is 120000/- only.(1.5% of sales)
only rs.120000/- show as net commission income or apply 44 ad and claim minimum profit rate (online Transaction i.e 6%)
if it consider commission income then it is income from other sources head of income OR PGBP head income?
plz guide me