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assess accounting records data up to date maintained but cash on hand balance is very low in books for kirana stores. question: assess how to increased procedure cash on hand balance in books.  
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6 days 1 Answer 16 views 0

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  1.i.t.assess some shares and old car gifts received from father. 2.i. t.assess house expenses (personal drawings ) Rs:3,50,000/- used one finicial year. Question: 1.how to accounting entries passed above gift transactions both persons books. 2.house expenses Rs:3,50,000/-one finicial year allowed in I.t. act.
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1 week 1 Answer 24 views 0

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A retail sales of medical store business person  which type of accounting books records maintained 1.if a person registered in GST act 2.if a person not registered in gst act.
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2 weeks 1 Answer 14 views 0

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I.t.assess (father) cash gift to son Rs:6 lacs payment through on bank mode.son same amount gift to his mother allowed in I.t. act.
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2 weeks 1 Answer 15 views 0

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i.t.assess cash gift recevied from father two times two different dates and cash gift from mother two times two different dates received one finicial year. question: 1.i.t.assess how many times gift money received one finicial year allowed in i.t.act 2.any limit of gift ...
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2 weeks 1 Answer 13 views 0

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i.t.assess how much cash balance hold a shop keeper in hand at the end of the finicial year 31st march under i.t.act.
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2 weeks 1 Answer 11 views 0

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I am 62 years old, married to a Filipina, currently residing in the Philippines. During IT AY 20-21 I still qualified to file ITR as Resident, which I did with ITR2 having a carried over STCL of ~Rs.8.4lk. Due the Covid19 I ...
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A jewellery business gst registered dealer purchases of  old gold and silver from urd persons(customers) Question: Rcm applicable sec 9(4) in gst
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2 weeks 1 Answer 11 views 0