How turnover is consider of Future & Option under Sec.44AB ?
Example.
Scriptwise Profit and Loss to be considered as Turnover
or
Net amount of bill(Shown in Ledger) to be considered as Turnover
or
any other manner ?
While making a e-payment for Interest for Mr A, we had mistakenly entered ST regn of Mr B and processed the payment.
Pl. advise:-
1. if this payment can be adjusted to the
credit of Mr A.
2. if the payment can be adjusted with
regular ST liability in future (not
interest).
We have purchased Tally new version and other software so in what Head name it should be entered in books and what nature of this head ? and if assets then we can charge dep on it and if yes then in what rate? Thanks in advance
whether interest payable for advances received from debtor who is a PSU being a Govt.Co. is liable to deduction of Tax at Source.If not,whether the said payment is allowable as business expenditure.
Is there is any special course aimed at
Audit & detection of Financial Frauds.
HI EXPERT
I HAVE PROPRIETOR SHIP FIRM FOR WHICH I PREPARE TWO BALANCE SHEET ONE FOR BUSINESS AND SECOND FOR PROPRIETOR'S OWN BALANCE SHEET
MY QUESTION IS WHICH BALANCE SHEET I HAVE TO PENNED IN ITR 4
According to AS 14 in case of amalgamation in the nature of merger the purchasing co takes over all the assets & liabilities...Does it include even fictitious assets???? If not what will b the adjustment regarding that...I m a PCC student...Looking forward to ur help...
Query: 'X' is a manufacturer. 'X' clears his goods from his own truck/tempo/vechical and collects the freight from the buyer.
In above case who is the service recipient and service provider?
who need to pay service tax?
NATURE OF BUSINESS IN ITR - 4
FOR SPECULATIVE BUSINESS
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
turnover in Future & Option