HNYear all frnd,

wats diffrent between P.O and NON-P.O.????

reply must

regards

Anu Verma

Normally Processing charges for term loans being charged by bank while disbursement at 1% along with upfront fees. But now banks are charging this processing charge at 1% on the outstanding amount on the term loan balances also in the subsequent years. In my view this is wrong. Do you have any RBI circulars to avert such charges? or is it correct that the banks debiting in our Termloan is right with processing charges every year till the repayment of the term loan?

please clarify with RBI circulars
natarajan.R.udumalpet.

Sir,

Please tell journal entry of Renewal of Digital Signature Rs. 1500/-

we have petrol bunk one dg set (machine)used in petrol bunk and daily we use diesel to dg set its expenditure to petrol bunk so how to show expenses if we debit the hsd & lubricants what we cr., its not sale or purchase it use for dg machine (i.e. for maintenance)is it capital expenditure or not

Sir,

we are going to sale one of our capital goods (Machinery). we will sale it against form C through central sale invoice. How the entry will be passed in Tally ERP9.Machinery will be sold in Rs. 16 Lakhs on which CST will be Rs. 32000. Earlier this machine was used as fixed assets.

Plz reply
Thanks in advance

when to pass entry for tax collected at source for interest on inter corporate deposits?? while passing due entry or receipt entry??

I am in an Interior Designers Pvt Ltd. Co. Suppose, if my Director did 1lakh exp as Travelling, fooding, lodging for official purpose at a time. then what is the procedure of showing this exp and there is any limitation of amount for the said purpose??

Depreciation rates applicable as per Companie's Act & as per Income Tax Act on Solar Power Projects.

What is interest coverage ratio?
How is it calculated?

whether we can transfer the foreign exchange difference arising on long term liabilities to Foreign currency translation reserve or whether it has become mandatory to charge the same to charge it to p&l account as per AS-11?