I am finalizing Accounts of a Proprietorship business for the F.Y 2016-17. Closing balance of loan taken by the proprietor as on 31.03.2016 as per loan statement is not matching with closing balance of loan taken as per balance sheet for the F.Y 2015-16. May be there was some mistake at the time of preparing the 15-16 Balance sheet. Now if I take opening balance of loans from the 15-16 balance sheet, the closing balance as on 31.03.2017 will not match with loan statement and I cant take opening balance from loan statement also as I have to take the opening balances from the previous balance sheet only as per rules. So what should I do ?

REPLY URGENTLY.

If an individual sales some gold then capital gain to be booked?

RCM IS APPLICABLE ON CA PROFESSIONAL FEES ( ( TAX CONSULTANT ) ON RS. 50 THOUSAND IF ANY CORPORATE HAVE TO PAY

We have to pay transportation charges but the transporter has informed me that there is no GST on small scale transporters. Whether in such cases reverse charges shall have to be paid to GST Department. The transporters have replied that till 31st March 2018 noting like reverse charges shall have to be paid to GST Department.

Two account of Gratuity can open by single company

HI, IF TDS IS APPLICABLE FOR EMPLOYEE BACKGROUND VERIFICATION SERVICE. UNDER WHICH SEC 194C OR 194J

Hi, I have downloaded GST OFFLINE TOOL. Installed offline application. while importing excel file in offline tool
the following error displays:
FOLLOWING INVOICES CONTAIN INVALID INPUTS. PLEASE CHECK FOR MANDATORY FIELDS,VALIDATIONS AND DATE FORMATS(DD-MMM-YYYY)

I have changed my system date format as above, but the same error displays. kindly anyone guide me in solving the above issue.

Dear sir/madam, I want to know taxable value in ITC-04 send to job worker and received back from job worker.I confuse about weather item taxable value or job worker taxable value or total of item taxable value plus job work taxable value. please clarified which taxable value in in form ITC-04.

Companies Act, 2013 says first auditor to be appointed by the Board of Directors within 30 days of incorporation. First Auditor will hold office till the conclusion of first AGM.

Thereafter, Auditor can be appointed for a period of 5 years from the conclusion of first AGM till the conclusion of 6th AGM. In the case of audit firm, they can be re-appointed from 6th AGM to 11th AGM.

My query is in this case, the tenure of auditor exceeds 10 years from the date of appointment by the Board. Is this logic correct?

Which date is to be considered as "date of transfer" if any capital asset is sold.

1) date on which bond/stamp is purchased?? or

2) date mentioned on such bond/stamp in any clause..? or

3) any other date say advance taken date or oral agreement date?