Hi,

Can anyone please tell
If a CA is a partner in a partnership firm and is a proprietor in his/her own CA firm, having his/her office in his/her father's house (where the same is residing as well). To fulfill the KYM requirement, what document can be provided? If rent agreement to be created (Between father and son/daughter), in whose name it should be created (in the partnership's firm name or own firm name)?
Also, can anyone provide the format of the same?

Thanks & Regards
Meenakshi S

dealer didnt pay supplier in 180 days so i reversed its itc @18% in past.

in april 22, dealer paid off supplier (which I came to know now in june 23).

so how to re-claim this april 22 itc?

my idea--> dealer can file may 2023 3b reclaiming itc on payment in april 22 to supplier ? there is no time limit in reclaiming itc in 180 days matter, right?

My client has around 2.5-3 cr in Bank account. And want to invest (FD).
Please guide me, how can I make him plan his taxes. He has wife and childern(1-18+,2 below 18).
Is there any way I can transfer money to her wife (as loan) and invest in her name

With the prior approval of my employer (a govt company), i made payment of Rs 2.50 lakh to a bus operator during my tour. The bus operator had issued bill in my name, as per the practive prevalent in my company. Now, my employer is asking me to recover 1% TDS from the bus operator. Considering the bill was not in my employer's name, is the employer liable to deposit TDS for this bill? Is it proper on my employer's part to ask me for TDS recovery? Please elaborate.

If a person import of second hand goods from foreign country for business purpose.and paid igst to the government and sell goods in Maharashtra to local dealer, in such case he can claim ITC on import Igst paid?

What is the meaning of the term "Related Body Corporate" under the Companies Act, 2013 ?

Shall be thankful if explained with relevant section and provisions.

Cheque issued on 31st March 23 Rs. 25,00,000 But Cleared on 10th April 2023.
I made entry on 31st March
Party A/c Dr. 25,00,000
to Bank Account 25,00,0000
But on 31st March 2023 Bank Balance as per my Books and bank statement is difference Rs. 25,00,000.
How to remove This differences .

One of my friends received a notice from the service tax department last month. For the purpose of loan his auditor was declared 40 lakhs gross income and they filed the income tax under civil contractor works. Since he's having rental income from residential properties, the department insisted that he has to pay the service tax of Rs. 6lakhs. Kindly help me out how to deal with this.

Incase of loss in fno and intraday whether it is compulsory to go for audit if turnover is around 20lakhs to 22 lakhs???

when Profit is earned by the company on 31st March 2023
There are three partners A,B and C and their profit ratio is 30:30:40 and Total profit is Rs. 10 Lakh
My question is that how to Books Journal entry in Firm Books and partners Books.
For Partners Book
P/L A/c Dr 10,00,000
To A Capital A/c 3,00,000
To B Capital A/c 3,00,000
To C Capital A/c 4,00,000
My question is that what entry should be passed in the books of Partners Capital account on 31st March 2023.