Please explain the accouting treatment of bad debts recovered under expected credit loss method as per Ind AS 109 and the presentation & disclosures in the financials with appropriate references.
Thank You
Kiran

Some material of opening stock items want to use for office and require to transfer into fixed assets. How the entry made in tally prime to transfer these stock items into fixed assets. Stock journal transfers only stock item to item. How to transfer stock item in asset ledger.

Hi sir,

Please let me know which challan to be used, under which head and nature of payment for settling the TDS related dispute u/s 234E.

Thank you in advance

IF SOMEONE HAVE CARRY FORWARD LOSSES IN HIS RETURN BUT IN CURRENT YEAR HE WANTS TO SET-OFF PARTIAL LOSSES AND DECLARE SOME INCOME.

IS IT POSSIBLE TO DECLARE INCOME WITH HAVING CARRY FORWARD LOSSES.

AND CONTINUE CARRY FORWARD LOSSES.

while filing ITR 2 for A Y 21-22 from new portal Details of assets and liabilities need to be given when income is above Rs.50 Lakhs
However the form asks for details of immoveable assets even if they are Nil. It asks for the details and in case not entered it gives error

My question is how to fill this schedule when immoveable assets are nil

Hi Fellow mates,
Can anyone guide me on issue - Listing Fees paid to retail stores like D mart, Big bazaar, etc for sale of goods falls under which section for TDS deduction?

Thanks in advance

We did export of software via datacom channel to Iran to Party A on 30/08/2015 for USD 1000 and payment received via Paypal, another export to Party B on 30/03/2018 for USD 2250 and payment received from 3rd party from Turkey and finally one more export to Party C on 14/09/2018 for USD 7000 and payment received from 3rd party from Turkey.

Our bank (Kotak Mahindra Bank) is refusing to regularise the Softex in the above three cases.

Please advise way forward. Thanks....................Shailendra Bansal

MR A.PENSION RECEIVED RS.788072/- AND ARREARS OF SALARY RS,348227/ ( ASST-YEAR 2017-18 TO 2019-20)- FOR THE ASST-YEAR 2021-22. HE PEERED FOR FORM NO.1OE. RELIEF IS RS.0.
.1) THE RETURN FILING FOR TAXATION U.S 115BAC.

2). TOTAL INCOME RS.1136299/- (788072+348227)
3) TOTAL TAX RS.106350/- LESS TDS RS.54000/- BAL. TAX RS.52350/-
HE FILED FORM NO. 1OE OPTIONAL ? ARE COMPULASRY.
THANKS

A client sold an apartment in 2020-21 and amount was also received in the same year. But the sale deed was made in the year 2021-22 .
My question is when should the sale be considered ? year 2020-21 or 2021-22 ?

IT dept has frozen my company Current Account due to non-payment of one penalty Demand.
1. Can i open some other current account.
2. How to unfreeze the said current bank account as I want to start receipt/payment in bank.
Pls suggest.