what should keep in mind extra point to calculate Advance Tax.
on or before paying advance tax.
Should book Salary of Employee on 31st march.
should book depreciation .
what should also booked,

while calculating Advance Tax why necessary to clear suspense account.

Sir,
A Doctor purchase of medical equipment value rs:1,50,000/- .
Question:
Assessess purchase of medical equipment value rs:1,50,000/- fixed assets or professional expenses claimed treatment in it act.

One of our client is asking for digital invoice..we are a trading concern...i think the client is asking for a pdf file of invoice digitally signed..
Am i right?

Hon'ble Members,
I am a quarterly GSTR return filer, for Oct 21 i had disclosed sales in GST (IFF) and paid GST through net banking however, while filing GSTR 3B for quarter ended Oct- Dec 21 I had filed nil return by mistake. Now when i will file GSTR 3B return for Jan - Mar 22 i will disclose it but, under new GST system of disclosing bifurcation of gst liability for each month if i state it as liability for Oct 21 then will interest be calculated even though I had paid gst in Oct 21 since, i am adjusting/ debiting it to cash ledger now. but i had paid it on time. Please suggest a solution.

Hi All
Can anybody suggest me if any supplier has achieved Rs 50 Lac purchase in an F.Y. does it require to deduct TDS/TCS from that period only or the older invoices also.

In this case pls note that company turnover is more than 10 cr.

My wife and I have availed a single joint housing loan for our self occupied house. This house is jointly owned by both of us. Can we both avail interest deduction upto ₹2 lakh for interest and repayment of home loan under Sec 24 of Income Tax separately? Can we both claim the interest deduction in different ratio? Please advise any condition for payment of EMI from both Bank Account?
Dharam Pal
9810600330

Respected Expert
Please provide Guidance
I Purchased goods in January 2022. availed ITC in Jan as purchase was showing in 2B of Jan. In Feb returned half the goods as it was damaged. Seller issue credit note and showing in Feb GSTR 2B . Now ITC has to be reversed by me (buyer). Does any interest has to be paid in Feb GSTR 3B.

Thanks in advance

What would be the grouping of the following, in order to prepare books in excel:
Inter Company Clearing A/c
Profit Center Clearing A/c
Cost of Goods Sold
Raw Material Consumption
Change in Stock of Finished Goods
Change in Stock of Semi-Finished Goods

Thanks in Advance!

If housing society earns interest on FDs with nationalised banks; can expenses like maintenance be deducted from said FD interest income????