CA Queries - Ask Questions & Get Expert Answers

Ask your professional queries on Income Tax, GST, TDS, Audit, ROC/MCA compliance and accounts. Get answers from CA/CS/CMA experts and community members on CASANSAAR.

All Categories
Income Tax (1614)
Students (768)
Service Tax (497)
Corporate Law (462)
Audit (393)
Accounts (336)
VAT (277)
GST (136)
Excise (106)
Finance (104)
Banking (46)
FEMA (40)
Custom (29)
Shares & Stock (18)
IFRS (17)
Income Tax Software (4)
Cost Inflation Index (1)

Recent

Recent Questions

Question added Mar 25, 2024 Accounts By Kollipara sundaraiah

answers

1036 views

Q. Cash amount deposit in bank account as on dt:31-03-24 - One of the it person maintained two business
1. Cash balance as on dt:31-03-24 rs:30 lacs for 1st business
Cash balance rs:40 lacs as on dt:31-03-24 as per 2nd business
Doubt:
Assessess cash amount deposit in bank account compulsory as on dt:31-03-24

Question added Feb 27, 2024 Accounts By ESWARAN , CA , Chennai

answers

1762 views

Q. Capitalisation of Assets in case of housing society - A builder is providing lots of facilities to flat owners in a housing society - lifts, generator, swimming pool, gym etc. While preparing the accounts of the housing society, how to capitalise these assets.

Question added Dec 05, 2023 Accounts By Kollipara sundaraiah

answers

1587 views

Q. Cash balance increased options - If a person cash deposit in bank sb account rs:20 lacs but cash balance avaliable rs:15 lacs as per books.
1.Cash sales increased
2.Cash loans received
3.Cash gift from relatives.
Doubt:
A Person cash balance adjustment above mentioned three options selected correct options.

Question added Nov 18, 2023 Accounts By CA SANDEEP AGARWAL , CA , Siliguri

answers

967 views

Q. TALLY EXCEL IMPORT - CAN ANYONE SUGGEST BEST WAY TO IMPORT EXCEL DATA IN TALLY. OR ANY EXCEL SOFTWARE PROVIDER. ANY USING SUCH WAY TO IMPORT EXCEL DATA IN TALLY. PLS GUIDE?

Question added Aug 30, 2023 Accounts By Kollipara sundaraiah

answers

2187 views

Q. Loans credit and debit adjustment entry allowed in it act - One of the it assessess cash loan from creditor ledger balance rs:10 lacs cash loan to debtors ledger balance rs:12 lacs show in books as on dt:31-03-23.
Doubt: creditor outstanding ledger balance transfer to debtor outstanding ledger balance adjustment entry passed in books dt:20-6-23 allowed in it act and penalty applicable.

Question added Jun 01, 2023 Accounts By sheela kumari , Delhi

answers

1056 views

Q. RCM ON FREIGHT - DEAR ALL, WE ARE SELLING PRINTED BOOKS AND WHENEVER OUT PINTED BOOKS RETURNED BY BOOK DEALERS WE ARE PAYING FREIGHT IN CASH SO PLEASE LET ME KNOW THAT WE NEED TO PAY rcm on this amount and out books are exempted

Question added Apr 09, 2023 Accounts By pareekshith , CA , Bangalore

answers

2131 views

Q. Financial Planing & Analysis - Hi Team,

Any one could kindly provide Financial Planing & Analysis Excel Template

Question added Apr 08, 2022 Accounts By Nancy chopra , CA , Amritsar

answers

3862 views

Q. net worth certificate - Is it mandatory to declare immovable assets in net worth certificate?

Question added Jul 03, 2021 Accounts By Varun Bhakkad , CA , Jalna

answers

2281 views

Q. Schedule III - Under Schedule III where we have to disclose Bank CC / Bank Overdraft having debit balance.

Question added Jan 29, 2021 Accounts By Kollipara sundaraiah

answers

1785 views

Q. msme eligible for private hospitals - assess mainatined a private hospital.
question:
1.a private hospital eligible under msme registeration
2. what is the benefits and subsicides under msme registeration for private hospital

Question added Dec 10, 2020 Accounts By Kollipara sundaraiah

answers

1531 views

Q. cash balance adjustment in books - sir, one of sec 44ada professional income i.t.return filed assess cash balance as on date:20-08-2019 rs:15 lacs in books.assess purchases of site value rs:27 lacs payment through on bank mode as on date:20-08-2019 in f.y.19-20.
question: assess cash balance rs:15 lacs in books and purchase of site value rs:27 lacs differnce amount rs:12 lacs how to adjustment producure cash balance in books as on transaction date:20-08-2019

Question added Aug 23, 2020 Accounts By CA Poonam , CA

answers

1203 views

Q. CA EXAMINER - Applied to become a examiner.The link shows BoS portal to prepare for subject chosen.Where do i find the Revision test papers which are objective pattern?

Question added Jan 13, 2020 Accounts By Kollipara sundaraiah

answers

1096 views

Q. Gst registeration cancel after accounting books maintained - One gst composite scheme registered dealer turnover below 40 lacs surrender the gst registration number.my doubt if a trader cancel of gst registration number after accounting books maintained compulsory or no.

Question added Jan 09, 2020 Accounts By Kollipara sundaraiah

answers

749 views

Q. Cash balance negative rectify options - One gst and I.t. person accounting books maintained upto date.if a person mistake some amount(Rs.8 lacs) cash deposit in bank negative cash balance show in daybook.how to rectify options of negative cash balance.

Question added Dec 23, 2019 Accounts By CA KALPESH LAKHANI , CA , Surat

answers

935 views

Q. Accoutning Treatment - One of our Client, having status of Private Limited Co., doing business of online balance transfer to the venders. The company first received Cash/Bank from their all vender party and in turn the company transfer the balance in wallet of the vender A/c. Quary.. 1.Should the Cash/Bank amount received from vender be considered as a turnover in P & L A/c? 2.or only commission received from the wallet company is to be treated as direct income and not to shown the cash turnover in p& L A/c? 3.Since company is liable to to pay GST only on commission invoice issued to wallet company, now if we show the turnover of Cash/Bank (which is not liable to GST) department may raised the quary, that your turnover is more in p&l A/c compair to 3B??

Question added May 31, 2019 Accounts By sandeep Kaushik , Bhiwani

answers

756 views

Q. Accounting Treatment of Borrowing cost - Hi All,

I have invested in the shares of a company and to invest into the shares i have paid interest on the money borrowed to invest into the shares. How should i need to treat the interest on borrowing? Do i need to capitalize or expense out the same?

Question added Mar 13, 2019 Accounts By Krishnan G Sarma , CA , Thiruvananthapuram

answers

1805 views

Q. Provident fund contribution - Has the effective date of implementation of the Hon. SC's decision been notified?

Question added Nov 16, 2018 Accounts By M RAVITEJA , Chennai

answers

409 views

Q. Non-repayable Loan - Hello Everyone, I have the following question: Persons in the Question, 1) M/s XYZ, is a pvt ltd company (which has no transactions till date) 2) Mr A, the director of the company 3) Mr B, the third party now the situation was, Mr.A and Mr. B are well know from past so many years, and earlier Mr.A helped Mr.B to grow in life and Mr.B was fully settled in the society. But the financial position of Mr.A became bad. To help Mr.A, Mr.B had given a big amount likely i.e., â‚¹ 2 Cr for growth of business which is non-repayable. Then Mr.A deposited the same in the M/s XYZ current account to start business. Now my question, 1) How the received amount can shown in the books of Mr.A & M/s XYZ? 2) Any tax implication & Company Law implications?

Question added Oct 22, 2018 Accounts By Ayush Kedia , CA , Jamshedpur

answers

384 views

Q. Ca partnership - Can anyone share me partnership rules and deed for two proprietorship firm willing to merge.please mail me at piyushkedia18@gmail.com thanks in advance.

Question added Oct 15, 2018 Accounts By SIVA PRASAD RAO PATNALA , CA , Visakhapatnam

answers

386 views

Q. accounting software for society. - Can any suggestion on accou ting software suitable for a mutually aided cooperative society, accepting deposits and giving advances to members charging/collecting interest.

Question added Jun 28, 2018 Accounts By Tharun Kothari , Mysore

answers

1299 views

Q. Account - Amount transfered from joint a/c to individual a/c of one of the joint a/c holder. How to show this in the balance sheet

Question added Jun 28, 2018 Accounts By Tharun Kothari , Mysore

answers

434 views

Q. Account - There is a joint a/c between husband and wife, how to deal with the closing balance of such account in balance sheet

Question added Apr 21, 2018 Accounts By bhupesh bhatia , agra

answers

438 views

Q. ACCOUNTS - GUIDE US ON CASH MEMO RAISED IN BAR SHOP, EITHER WE USE POS MACHINE OR MAKE SEPRATE CASH MEMO FOR SEPRATE CUSTOMER

Question added Mar 07, 2018 Accounts By BIJESH , Rohtak

answers

438 views

Q. MSME Act - Defintion of plant and machinary under MSME act include whether Vehicle , computer, Furniture

Experts Panelist

Rambabu Senkarasetti

Accounts, Audit, Corporate Law, Finance, Income Tax, Service Tax, Students, VAT

Answers Posted : 409

CA Satuti Mahajan

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 291

Vikash Kumar Jha

Accounts, Audit, Banking, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 270

Rishabh Upadhyay

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 257

Ashish Karundia

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, Income Tax, Service Tax, Students, VAT

Answers Posted : 257

Mrattunjay

Accounts, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 220

PRIYANKA

Accounts, Audit, Corporate Law, Excise, Finance, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 136

CA. SURESH Kr. AGARWAL

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 131

Vaneet Gupta

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 120

Ketan Samdani

Accounts, Audit, Corporate Law, Excise, Finance, GST, Income Tax, Service Tax, Students, VAT

Answers Posted : 117

4848

QUESTIONS

4692

ANSWERS

807

EXPERTS

2698

QUERIST