Dear Experts,

I was partner in a CA firm and on my behalf firm was statutory auditor of some companies. But in Dec,2020 I have resigned from partnership firm and have created my own sole proprietorship firm.

My question is should I have to file form ADT-3 and than ADT-1 form to transfer audit from Partnership firm to my sole proprietorship firm, or filing only form ADT-1 is required.

Further for what period will be ADT-1 filed i.e. for 5 years or for remaining period.

Dear Expert,

My client is proprietor and two difference business. one is retailer business(trading) and other one is contractor/developer. he wishes to pay GST under composition scheme for trading business and regular GST rate for real estate business. Can the same we can do???. IF yes whether we need to apply for 2 GST number (one composition and other regular GST number).

Also for calculating Rs 1.50 crore turnover for composition scheme whether both business turnover will be included or only composition(trading business) turnover will be consider.

bank cut tds of recovery agent U/S 194c this wrong but not i need our tds refund how can i claim this refund

SIR,

WHAT IS TRAINEE EMPLOYEE ENTRY ON SALARY. PROVISION & PAYMENT.

Incase of increase in Authorized capital how to alter MOA to attach ?

Dear Sir,

Which ITR suitable for Cab Driver not Owner. its is only driving income. ITR 4 not accepting Cab Driving Income as other income column.


Please suggest

Dera sir/madam
if partnership firm is having loss of 75000 in f. y 18-19 and there are three partners and want to take benifit in income tax in f. y. 2019-20 what are the entry to be done in accounting software

tant house ka business code kya hoga

following expenses are incurred before commercial production
1) Technical consulting & training for machine
2) Pre-Operative salary
3) Legal fees
4) Training
5) Trial Run
6) Consumable & Material CWIP for trial run
All above is showing under capital work in progress

Tell Us what is treatment of above for capitaliation after commercial production start

and if amortise then in how may years along with entry
please guide

Dear Experts,
If the current price of a brand new 850 sq. ft. apartment in a gated society is a 100 bucks ,
then what would the approximate current price of the same apartment be,
in real terms after calculating depreciation,
if it were to be 25 years old?
Kaushik.