Easy Office
Easy Office


Daya
09 June 2023 at 16:48

Shares on 31st March 23

opening stock of Asian Grantito india Ltd. on dated 01-04-2022 78 sale of shares in 02-05-2022 96 Still Closing stock is 78 shares on 31st March. I am confusing how still 78 shares is on 31st March 2023.


AUDITORS EDAPPAL
03 June 2023 at 18:06

Name change of partnership firm

Is there any need to reconstitute the partnership deed for change in name of partnership firm.


khaja
03 June 2023 at 17:58

Purchase excess itc

dear expetrs
i would like inform you that iam an accountant working in dealer particular brand.
my concern purchase of goods from out side of state.
some month's purchase itc in excess and purchase itc and sales itc (cgst,Sgst and Igst)
how to journl entery in tally erp 9

pls solve my quest


AUDITORS EDAPPAL
03 June 2023 at 17:09

FORM 4 FOR LLP

I'm not able to enter Passport Number While filling FORM-4. Showing an error "Enter Valid Passport Number". Is there any fixed format to enter passport number in Form-4.


Mahabir Prasad Agarwal

Whether GST 1% is payable on sale of exempted goods under composition scheme ?


Student
03 June 2023 at 13:05

Who needs to file ITR ?

Dear Sir,

It is very common reply that person if below 60 years whose gross income including salary + FD Interest+Rent Income etc > Rs.250000/- then he or she needs to file Income Tax Return. But, my query is this Rs.2,50,000/- income to be considered as Gross or Professional Tax, 80C etc to be deducted and the if it exceeds Rs.2,50,000/- then ITR filing is mandatory and if it under Rs.2,50,000 then ITR is optional ??
EG Person A is salaried person. His salary + other total income is Rs.252300/- and if Rs.2400/- is professional tax+ Rs.10000/- deposited in PPF A/c then will this person has to file ITR mandatorily or optional ? Please reply at the earliest.
Regards


Daya

how to make journal entry of split of shares in the case of individual and what take cost .
can I make entry
Purchase of shares Dr. .01
To Capital a/c .01
Paise 1 take to book journal entry.


Praveen Kaushik

Hi... I am revising 24Q for Q4 but while validating the file it is showing some error: T-FV-1000 Invalid File Header (FH) Record Length i.e., number of fields in the file header are not as per file format. Could I get help from experts?


Aswathy Suresh

I applied for 12A registration of a trust under the new scheme in Form 10A and got provisionally registered. Then I applied for permanent registration of the said trust in Form 10AB. After the respective proceedings by the department, our application for permanent registration was cancelled. But the certificate of provisional registration is still available in the assesse's portal. When I tried to submit a fresh application I couldn't select the section code citing the reason that there is already a valid form submission.
Kindly guide me through the next step and also regarding the validity of provisional registration since the application for permanent registration was rejected.


DIVYESH JAIN
03 June 2023 at 11:26

Sale of mutual funds by an NRI

Dear Sir,

One of my client who is an Indian resident has become an NRI in the year 2020 after shifting to USA. Her husband who was an Indian resident expired few years back and was having mutual funds in his name.

The wife transferred all the mutual funds of her husband in her name in 2023 as she was the nominee and redeem the funds.

My query is since the wife has earned income in India she has to pay capital gain tax in India. Is it ok for her to maintain a saving bank account or she has to open NRO account to take the sale proceeds of mutual funds.

Please help me in this matter.