Sir,
Proprieties have 3 Term Loan and 2 CC Loan account Interest from All Loan account FY 2023-24 is Rs.991000/- Where 661000/- Interest as Term loan. Proprietor have taken term loan from shop and home proprietor but he used Loan amount for Business purpose. In FY 2023-24 Net profit is around Rs.43500/- according to owner we should show NP around Rs.600000/- So can we Charge Term Loan Interest Rs.661000/- to owner,s Capital account and Rs. 330000/- CC Interest to PNL Account
Please advise Sir,
We have incurred an expenditure for trademark search in different countries. Does this expenditure need to be capitalized or not? If not, in which ledger we should post this expenditure.
Answer now1)In case of a public ltd. co. say ABC ltd (PUBLIC UNLISTED COMPANY) the shareholders are X LTD., Y PVT. LTD , Z PVT. LTD. and M PVT. LTD. who holds 50%, 19%, 19% and 12%.
Also X LTD is a subsidiary of P ltd. (LISTED ENTITY which has received extension for liquidation order) .
So kindly advise how to file BEN form 2 in case of ABC LTD.
2) Also please advise if BEN form is applicable for the subsidiary companies (whose listed company has received extension of liquidation)
Kindly advise urgently.
i have filed April - 2024 GSTR-3B with some input difference regarding Credit Notes for the march & April 2024. will i received DRC01C for input difference?.. if so explanation in part B will be satisfactory for Closing DRC01C sir.. Pls help me?
Answer nowhow to solve
T_FV_6351 error in th latest 2023-24 Q4 error RPU file
Other special allowance 10(14) error in TDS return-error code 6351
can somebody plz help
Custom iron on patches from Toronto offer a simple and efficient way to add flair and personalization to fabric goods. They provide a creative outlet for expressing individuality or promoting a brand, and there are countless customisation options.
Visit: https://patches4less.ca/iron-on-patches/
Our talented book writers are devoted to assisting writers in realizing their publishing dreams and reaching the pinnacle of success. As New Zealand's premier book publishing firm, https://www.bookpublishers.co.nz/poetry-book-publishing is proud of its capacity to provide extraordinary outcomes.
Answer nowCan we create Zero value rental agreement?
Answer nowI wash registered under the Old scheme for CA Articleship and have been actively engaged in it for over 1.5 years. However, I am facing challenges in balancing my workload from the office Articleship with preparing for my intermediate exams, which I have not yet cleared.
I am considering taking a long leave from my Articleship to focus solely on my exam preparation and then returning to resume my Articleship afterward. I am seeking advice on whether this is feasible and what steps I should take to initiate this process.
Has anyone been in a similar situation or have any insights on how to navigate this? Any advice or guidance would be greatly appreciated. Thank you!
Term Loan Interest Show Under Capital Account