We are a Pvt Ltd Company, getting STP installed within the premises. Vendor does not have the ESI Regn nor WC insurance policy. What is the liability of my Company with respect to the ESI? Should we deduct 4.75% from vendor bill & pay to Govt?

Hi,

A indian properitorship providing IT related manpower/consultants for a foreign company buys and supplies laptops to these consultants and then invoices the foreign company for it, what are the possible invoicing related options so GST can be refunded. These laptops are paid by the foreign company as part of monthly billing in USD.

Sir / Madam,

A house property is in the name of an expired male parent and it is let out.

To reduce the tax liability of his sons, can the rental income from such property be declared in the ITR of one his daughter-in-law?

If yes, what are legal requirements?

Consultancy fees received from Suresh jewellery after giving discount of rs20000
How to record it in tally

Hi Experts,
There has been death of a trustee of charitable trust registered u/s 12A and 80G. Should the trust now with 2 trustees inform the AO in a specific format?
Are there any other formalities, so that the registration u/s 12A/80G is not affected?

Can anybody please share template of transfer pricing policy for an organization

Can the entry of security deposit be shown in accounts on payable basis?

Journal entry in the books of LLP and Partners capital on 31st march
what entry should passed of tax distributed among partners capital and Profit and loss transfers among partners in the books of LLP and Partners capital account.

Tax paid by LLP such as
Advance Tax paid Rs. 10,00,000/-
TDS Receivable Rs. 5,00,000/-
TCS Receivable Rs. 5,00,000/-
Total Tax Amount Rs. 20,00,00
There are three partners and Ratio are A 50%, B 25% and C 25 % whether I can pass journal entry on 31st march in LLP Books
A's Capital A/c Dr. 10,00,000
B's Capital A/c Dr 5,00,000
C's Capital A/c Dr 5,00,000
To Advance Tax 10,00,000 To
TDS Receivable 5,00,000
To TCS Receivale 5,00,000
Now my question is that can I pass in the books of partners capital on 31st march .
Advance Tax A's Capital 10,00,000
Advance Tax B's Capital 5,00,000
Advance Tax c's Capital 5,00,000
To Partnership Firm LLP 20,00,000
Please reply, is correct or incorrect Entry.

If Group company loan provided to other company interest free , whether it is fair to give interest free loan to other companies.