at the time of making provision of income tax
we passed entry
income Tax Account Dr,
to Provision for income tax
but at the time of adjustment it
can we pass journal entry
Provision for exp. Dr
To TDS A/c
TO TCS A/c
To Advanve Tax
to Self Assessment Tax
is it correct entry.

when to make short and excess provision of expenses during the next financial year.

Dear Sir, Appeals are to be made( CIT Appeals or JC Appeals), year-wise only, but not the clubbing two or more years in one appeal ie. in Form 35 or 36. Is it correct sir

Dear Experts,

May I know whether I should charge any GST for the millets, if I purchase and sell them as it is ? Is it exempted from GST ? If not, what is the GST rate ?

Pls. advice.

Dear Sir
Our partner ship firm is having property in their name.
we want to introduce partner in this firm.
please guide us whether further registration is required or not of the property under transfer of property act?
Thanks

LANDLORD UNREGISTER
TENNAT: REGISTER
MONTHLY RENT PAID 20000 RS PER MONTH

ANNUAL RENT 240000

NOW RCM APPLICABLE ON TENNAT

RCM ON 20000 * 18%=

OR 20000 INCLUDING RCM

CONFUSED

I booked a villa in March 2022 from a builder and secured a home loan in March 2022 based on the agreement. As per the agreement all installment of payments was made on time .The villa was registered in July 2024 after completion of construction . Now, I am selling the villa in November 2024. What will be the applicable capital gains tax—long-term or short-term?

what is TDS rate on social media expenses.

Bonus paid to few employees in cash more than Rs. 10,000 in Diwali .
How to make entry in cash , AS per section 40A says that more than 10,000 can not be paid in cash,

Hot to make provision for Depreciation and transferred to profit and loss account.