Books of account
This query is : Resolved
07 May 2014
Journal, Ledger, Cash Book & Bank Book/
Message likes :
1 times
07 May 2014
what kind of control accountant shall keep for advance paid for the projects in trust?
07 May 2014
Just book it as advance received. Or received for some capital fund then capitalize it into the same fund A/c.
Message likes :
1 times
07 May 2014
How will the accountant record for Grant received of US$25000 in the books of accounts
07 May 2014
Just Book it under Grant received Ledger.
Message likes :
1 times
07 May 2014
Is trust required to keep separate account for foreign received?
07 May 2014
It depends on u. If u want u can. Better if u keep. coz it will helpful if any demand or explanation needed from IT dept. regarding the matter.
07 May 2014
when it crosses the limit mentioned under different sections.
07 May 2014
if accountant fails to deduct at source who would be accountable?
07 May 2014
If TDS is not deducted then it will b paid by the pocket of enterprise. In ur case trust.
08 May 2014
All the primary Books needed as Cash Book , Donation Reciept Book , Expenses Book
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
