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Sadik pm

I am starting out as an accountant at a sole proprietorship firm. My firms OD renewal date has reached and the owner asked me to prepare estimated and projected balance sheet for the current year and next year.Can anyone help me understand what are the things that i need to consider before preparing the estimated and projected balance sheet and P&L. What are the things that i need to consider before submitting the details and whether the bank can hold these information against the firm and deny the OD.Thanks in advance


CA Parul Saxena
12 April 2022 at 09:46

Please guide regarding an offer

while accepting offer we should consider PF too or in hand salary only should consider?like at present in hand salary is 1 lakh per month i got an offer and there in hand is 80k but apart from this pf of employee is 10k and employer is 10k to should i accept?


soumyavinu
11 April 2022 at 22:43

RCM in Gstr4

How to enter Tax paid on reverse in tally prime in compisition opted firm.and where it enters in gstr4


Daya
11 April 2022 at 20:57

EPF Deduction on ceiling Limit

while auditing i found that a company EPF deducted on Gross salary 15K and not on basic salary 15K , is correct method or wrong Method.


SHYAM KRISHNAN K
11 April 2022 at 20:13

Allowing expense on loan interest

I am a director of private limited company and I have provided a loan to my company by taking loan from bank . My company provided interest on loan and I paid interest to bank. In this case can I claim the bank interest as expense while I filing my IT return?


CA Pawan Koradia
11 April 2022 at 19:45

Forward Charge to Reverse Charge

We are a cab service provider, till 31-03-2022 we were charging GTS under forwarding Charge now from 01-04-2022 we want it to be reverse charged. What is the procedure for it?


rishav mitttal

where to submit condonation letter related to form 112.


kollipara sundaraiah

Sir,
A Doctor professional income rs:20 lacs in f.y.21-22.if a doctor accounting records non maintained rule as per 6f in it act.
Question:
Penalty applicable in it act.


Rajendra Singh Manwal

Dear Sir
Kindly suggest any option to change in SUBMITTED GSTR 3B ?


Regards
Raje


CA Parul Saxena
11 April 2022 at 15:54

CTC query very urgent please reply

A cA is 2009 qualified currently filing R1 and 3B and reconciling 2A,2B and books.coordinate with stat auditors and balance sheet finalization.
Currently CTC is Rs.7lakh in hand..
how much should ask for new employer for same profile?
Gratuity is part of CTC or not?
Please reply







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