HEMA

if director take personal loan then how to book it in company's books

pls tell me the accounting of above subjected matter


SUDHEEP M
12 September 2023 at 13:29

Unclaimed TCS Credit

Sir,

One of the client approached me for filing ITR for the financial year 2021-22 as he was having a TCS credit in respect of vehicle purchase during that financial. Can I file return now to claim this refund?.


Marimuthu

Dear Experts,

1 The company is paying the amount towards wall painting charges to the painter.
2 He is separately showing, the rent for the wall separately, in his invoice, which is more than a lakh.
3 Also he is charging the labour charges as a separate line item in his invoice.
4 Now the query is:
For the Rental payment for the wall will attract section 194C or 194I will attract?
5 Pls clarify


Manash

Please help me to know the formula as per RBI regulation for NBFC-MFI. Whether accrued interest can be considered as part of financial Income & Financial Assets.


BHANU PRAKASH

for providing online computer courses for graduates for improving skills for their job searching with free of cost, how to proceed i.e, what is the right choice either creation of trust, society, company. which option is better to claim tax examption ( income tax and also gst). actually there is no contribution. but his aim to provide certain training to peoples who are searching for job. please give proper advice relating to what courses he can get tax exemption in detail.


Abbas Ali Bohra
12 September 2023 at 10:16

Modification in Stock Item

I have an amount paid for Modification in stock item, Like I have SS pipes with mirror finish but I have make modification by Black Powder Coating on them by paying the charges with tax.
How to make entry and at which head it goes?


Uday Kumar
12 September 2023 at 10:12

Wrongly entered value in cess field

Hi

While filing GSTR1, I inadvertently entered the total invoice amount in the "CESS" field (which was supposed to be kept blank). Now the total amount is reflecting in the challan amount.

Please advise how I can recover the amount.

Thanks.


Priscilla
11 September 2023 at 19:33

Can we Avail ITC on AMC - Air conditioner

Kindly suggest can we avail the input tax on the AMC (Airconditioner) invoice issued by the registered vendor.
SAC code mentioned - 995469


Accounts Envolta
11 September 2023 at 18:33

Import Duty on Seminer

A Singapore based Company is arranging a Seminar in Mumbai, we a registered company in Kolkata is taking part this seminar by booking a booth (2m X 2m). As per contract we have paid
fees by US Dollar. Now is this transaction attract Custom Duties ? And what is the % of IGST ?
Regards


AUDITORS EDAPPAL

What if any sales invoice gets missed in the previous month filing. How can we rectify it?






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query