Respected Sir/Madam,
I am CA Kunal Kumar Jha (Membership No. 516948), and I am seeking clarification regarding the applicability of the Guidance Note on Financial Statements of Non-Corporate Entities issued by the Institute.
My specific query is whether the above-mentioned Guidance Note is applicable in the following cases:
1. Educational institutions such as schools and colleges that are run under a registered trust /Society and whose income is exempt under the Income Tax Act, 1961.
2. NGOs operating under a registered trust /Society, where the main source of income is grants received from funding agencies (including FCRA grants), and such grants are utilized in accordance with the specific directions of the respective funding agencies.
I request you to kindly guide us on whether the Guidance Note is applicable to the entities mentioned above.
Thanking you,

hiii
commission income is 55,000 and depriciation is 32000, other business expenses is 76000, tax audit is required???

I am now doing a dissertation, and I feel stuck. What could be effective means or material to get new and current topics for a Dissertation on Business Management? I have also dipped into academic journals, but so far, it does not appeal to me yet. Which is how do you normally get inspired when selecting your topic? Would like to know what worked in other situations.

Visit Our Website: https://dissertationwritinghelp.uk/business-management-dissertation-topics/

i Sharmila got divorce during Financial Year 2024-25 on following conditions :-
a) One House was bought by my husband in my name on loan and EMI was of Rs. 43000 per month and the terms were agreed that Mr. Husband shall transfer 70000/- per month to my account out of which 43000/- shall be transferred to bank as EMI and rest Rs. 27000/- shall be against monthly alimony and maintenace charges. It is pertinent to mention here that we have no child and all the amount received is for my own purpose.

There is no other term on which settlement has been decided to receive alimony

Hello Sir/Madam,

I need help to file TDS on multiple buyers and sellers case

I want to know what is the total value of consideration of property for each buyers and sellers

Total paid value

Total stamp duty value paid


Thanks,
Giribabu

our client is registered in QRMP, then our client should file IFF for July month for giving ITC to his vendor now and will file GSTR-3B for (July to sep) month in October. So Query is that CAN vendor claim ITC on the basis of GSTR-2B in his June GSTR 3B?

Hi,

I am filing ITR 3, shown EPF Employee contribution amount under Schedule EI(exempt income). But getting upload validation error like this "[#/ITR/ITR3/ScheduleEl/Otherslnc: required key [NatureofDescDivName] Please contact the developer of your utility with the error key not found] ".

Description field is not visible while editing when we select Recognized Provident fund in the dropdown. tried changing to "any other sources" option then got the description column. but still facing the same issue.

kindly advise on how to resolve this.

Sir,

I want to file ITR 5 and ITR 3 for fy 20-21 & 21-22 . Do the form availiable for filing.
Please tell.

I have taken services from an Architect for my Office Renovation, the architect had supplied the material along with designing and labour, the final bill included cost of material andf labor, etc. so should the TDS be deducted u/s 194 C as per Contracutual Services or u/s 194J as per Professional Services?

Dear Members,

Is the threshold limit for Profession Tax (Women) raised to Rs.30,000/- in Maharashtra,
Official Notification/Amendment details? Please