Jyoti
09 June 2012 at 18:23

Service tax

Dear Sir,
For a newly established properitery firm(which is rendering labour service),which certificates are compulsory. As per my knowledge its registration certificate,service tax registration(after turnover exceeds Rs.8 lacs).Any else certi. is required.

And whether electricity bill and municipal taxes of properitor's own house can be claimed as expense.

And whether TAN number is required for this firm.


Bhavesh N Patadia
09 June 2012 at 16:47

Fix asset

CCTV Camera worht Rs.70000/- purchased. can it treated as Fix Assets ? guide me



Anonymous

Dear Sir,

will provide me the accounting entry step by step for provision for i.tax,advance tax,self assessment tax paid,final asst,refund or demand to be made,provision no longer required.

Plz give step by step entry

With Regds



Anonymous
09 June 2012 at 15:10

Journal entery

Sir,
I have a doubt in Journal entry.
Suppose i am a construction company and I constructs houses and buildings and after furnishing them I sell them. Now my question is that what will be the journal of purchasing electronic fittings, sanitary
materials, furniture to be fitted in the houses and buildings for the purpose of selling them.

electronics a/c dr.
To cash/creditor a/c
OR
purchases a/c dr.
to cash

tell methe correct entery
and also tellme the the accounting procedure


rohit
09 June 2012 at 11:40

Tax in discount received

We have received credit note for discount on monthly scheme after the purchases is made and the supplier has charged Vat on it. Now what is its accounting treatment? and Should we have to pay vat on it?



Anonymous
09 June 2012 at 08:08

Need accounting knowledge

I want to work in MNC. Plz tell me what is accounting knowledge need to work with MNC with detail.


rohit
08 June 2012 at 15:08

Treatment of cash discount

our client has received credit note of
Basic Rs. 6144497
Vat Rs. 384474

Total Rs. 65289741
Now what is its accounting treatment?
Whether it is deducted from purchases or not?


rohit
08 June 2012 at 13:43

Treatment of cash discount

dear expert,

kindly tell me the accounting treatment of cash discount received and its impact on input input vat payment?



Anonymous
08 June 2012 at 13:38

Urgent

Dear Sir,

Opening Balance as on 1st jan 20000.00 and Rs. 1200/- furniture has been exchanged with additional pay Rs. 500/- on same date and depreciation Rate 10% then what will be closing value of furniture in the balance sheet.

Please solve the question



Anonymous
08 June 2012 at 12:21

Compensation paid on fixed assets

Muncipal corporation owned some market shoping complexes while construction of flyover these complexes are removed and for these compensation received from the government.

what is the accounting treatment ?
if assets depreciation reserve maintains how to setoff it






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