Daya
02 March 2025 at 20:44

What is GRN

what is GRN and why it is matched with Purchased invoice.


Daya
02 March 2025 at 20:20

Compound Journal entry

what is compound journal entry,
which type of journal entries routed by it.


Daya
02 March 2025 at 20:05

What is meant by consumable stores

what is meant by consumable stores?


Daya

Which type entries may be done by journal entry,
please reply by some illustrations.


Daya

Which type of entries in in books routed by Journal entry.
Please reply.


Daya

why each Journal entries has double effects in accounts.


Venkateshwarlu Pulluri

is materials purchased in cash 50,00,000/- acceptable or not incurred, in one case consumable purchases are more than 50 lakhs towards consumable purchased shown in profit and loss account


SHYAM KRISHNAN K

Our company has accepted debenture from existing shareholders with the condition of convert the debenture into share in future now some of them are requested for resumption is it possible to redeem the debenture on request of debenture holders


rajni ASHANI
01 March 2025 at 13:57

GST AMNESTY rectification or spl 02

in my case DRC 07 issued, no appeal filed.
1. ITC AVAILED disallowed and now eligible.
2.Late filing of GSTR3B.
officer asking to pay full amount of eligible itc
interest and penalties on late filing of GSTR3B asking too file rectification.

guide me officer is right in asking to pay eligible itc


Chartered Accountant

Just a general query,
Suppose X purchases a fixed asset of Rs 1 Lakh in cash on 01/04/2024 , If he makes payment of whole 1 Lakh on 01/04/2024 Section 43(1) will attract & Cost of acquisition will be treated as NIL but what if he pays Rs 10000 each day from 02/04/2024 to 11/04/2024 will Rs. 100000 be treated as cost of acquisition then?






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