what is air please know about in detail

CA's are exempt from payment of Service Tax now payable on Billing basis wef-01-07-2011

With reference to the above statement only CA are exempted or any other category is also omitted from the Service Tax payment on billing basis

suppose
asset's Historical cost-- 100000.00
Provision For depreciation- 25000.00
WDV as on 01.04.10-- 75000.00
Asset is sold for --- 120000.00
What should be the accounting treatment in the book of account And whether capital reserve arise for rs 20000.00 ?

Respected Sir,
Please tell me that our's is pvt. co. & till now we have not started business. our co. has incorporated on 20 th oct,2010, can we show extra amount bought by directors as share allotment i.e. amount other than minimum subscription (1 lac).
can we show this money as loan or share allotment money.
also one person who is not director on paper his fund bought in is rs. 5 lac can we show this also as share allotment money or have to show as loan

sir

what is deferred tax assets / Liabiites
please clear my query

Hello,

Can any one tell me how to pass purchase entry in tally, Suppose advance is given in January and Bill is received and booked in march , in that case ledger is tallied, but in s. creditors list it is showing the balance payable. Please guide me .

DEAR

PLEASE TELL ME HOW TO CALCULATE COMPANY ACT DEPRECIATION RATE

I have now received bills of some of our service provider pertaining to last year but i have already filed my TDS/Service Tax return.

I want to know can I book all those bills in current year relates to F.Y. 10-11 and there will not be any problem in Income tax.

Pls advise.

DEAR SIR
I have some problem with assets a/c. we have one car(1year old) Rs.100,000/- and on 2011 it’s make accident and the car cancelled by traffic department. and we got insurance claim RS.60,000/- please give me the entry also i want to know what will happened in the assets a/c. Please help me.

I Have 1 query

Example:-

Service tax Liability is - NIL (Export)
Input ST Credit is 1,50,000/-

in this case shall we eligible for taking the refund & if yes, to the what extent we are eligible to take Refund

please reply ASAP