Suppose, we have purchased gold coins from a vendor to give it to dealer for achieving the Sales target.

What will be journal entry in the books of the company and the dealer?

Let be the gold coin value is Rs. 1000.

By virtue of provisions of section 16 of employees Provident Fund Act 1952, certain establishments are outside the purview of this Act.
Query:
Even if any establishment is outside the purview of this Act, are they not supposed to follow the PF RULES REGARDING DEDUCTION OF PF FROM SALARY OF EACH EMPLOYEE AS PER APPLICABLE RULES NOTIFIED BY THE CENTAL GOVERNMENT.
THE CENTRAL GOVERNMENT HAS AT DIFFERENT TIMES NOTIFIED RATES AT WHICH PF IS TO BE DEDUCTED FROM SALARY OF EMPLOYEES.
ARE NOT THE EXCLUDED ORGANISATION REQUIRED TO FOLLOW THESE GUIDELINES.?

During import of goods, we receive invoice from CHA containing their agency charges and other charges which are included in GST. It also has Receipted charges from third party service providers which are billed to me but paid by the CHA. In this case, how should I do entries in Tally for the same?

I received a notice asking to reverse the itc of 2018-2019 as the gstr3b of march was filed on 3-12-2019

Whether Income tax portal will allow outstanding payment of Foreign vendor of 2021-2022 not paid ,now wish to make payment in 2023-2024

What should we select year 2021-2022
Form 15CA does not permit . Any restriction by RBI OR Any circular .

Mahendra Doshi C.A

Hi,

Our Oversees client want to give gift to our resources.

what to receive gift from them to avoid taxation on it.

Should we raise the Invoice amounting to gift value ? or anything else ?

Please suggest.

Whether 15CA OR 15CB is required purchase machinery from foriegn country for Rs.5,00,000

We have to make payment of Rs.2,00,000/- to our District Collector towards recent "Michaung" Cyclone effected people for Relief material to be arranged by the District Authorities. requested to clarify whether GST is applicable under RCM.

If in a CA firm with 2 partners. If one partner dies, is existing partner consent needed to close the firm? Can existing partner file a complaint if legal heir of deceased partner apply for firm closure?

Need your responses in this

Could Assessee take deductions while filing Rectified return after completion of AY where ITR Processed under old regime since form 10-IE filed after due date