Our company is having 27.00 lakh paid-up capital and secured loan Rs. 1.21 crore, turnover is 11.50 crore in the financial year 2023-24.
1) Whether Cash Flow Statement Required
2) Whether Caro Mandatory
3) Whether Internal Control System required in Audit Report
Taxation upto Rs 7.5 lakh under new regime for FY23-24
can we keep differences Trade name and Legal Name for GST LLP company's Registration??
Hello,Income tax deducted on payment received against sale of Virtual Digital Assets. How to calculate capital gain when there is no Purchase value is available Experts/Learned persons opinions are sought.
PLS REPLY.
Is the new rules on capital gain tax announced on 23 Jul 2024 applicable to
property transfer made on or before 22 Jul 2024 but after 01 April 2024.
Where will be the balance amount payable on vehicle purchased for EMI be shown in the financials of a company?
Will I get rebate in income tax return both under new and old regime? What is the exempted income both under new and old tax regime system? Pl clarify in details?
Assessee Partnership Firm having turnover of Rs.1.10 Cr
Their cash expenses or receipts do not exceed 5% to total expenses/turnover
My question is in this case tax audit u/s 44AB is applicable ?
Case1:
One of our client is providing storage services where they specifically charges storage charges on basis of per container or weight of cargo to his clients on monthly or daily basis. So please clarify whether they have to charge IGST (in case service provider and service recipient registered in different state) or they have to charge CGST & SGST. Since storage facility provided without earmarked of nominated place/ area and does not grant right to use immovable property. Also please clarify the SAC in which invoice to be raised.
Case2:
They are also providing fixed space in warehouse to client and charges on basis of sq ft/sq mtr on monthly or daily basis so please clarify whether they can charge IGST (in case service provider and service recipient registered in different states) or they have to charge CGST & SGST. Also please clarify the SAC in which invoice to be raised.
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MANDATORY FOR CASH FLOW STATEMENT AND CARO