raju v kaklottar
30 June 2011 at 14:26

Accounting Entry

Dear Sir,
Plz send me
How the acconting entry are made of the individual purchase and sell securities of the share market ??
(Including long term and short term)
with the example
With best regards



Anonymous
30 June 2011 at 13:05

REnt Recevied

What would be the entry of rent received 10,000 if service tax is applicable.


achin
30 June 2011 at 02:54

current account

hi

I am a sub agent for the IATA agent selling air tickets , i wish to open a current account in the firm's name.My annual income from travel agency would not be more than 30000k
( commission earned) by selling tickets .

do I have to register for service tax or do I have to just register the proprietorship firm

please advise


Vishal Ojha
29 June 2011 at 18:20

Accounting Standards

Dear Sir,

Whenever there is a conflict between the Accounting Standards issued by ICAI, statute and Revised schedule VI, which one should be followed in priority.


P.Kannan
29 June 2011 at 17:48

BANK GURANTEE CHARGES

Dear Guys

Bank Guranttee charges are why not taken to Prepaid expenses if it is possible or not please explain me



Anonymous
29 June 2011 at 16:42

Deferred Tax

In case of Deferred Tax Calculation for the First year of Company Pvt. Ltd.

As per Books Depreciation Comes Rs.15,798/-
As per IT Depreciation Comes RS.29,712/-

Net Block as per books = Rs.83,242
WDV as per IT = 69,328/

So let show a chart how to calculate it.
Whether it assets or liability.


AYYAPPA
29 June 2011 at 16:34

Inward Remittances in USD


Dear All,

We are Delhi based software company. In every month we are generating invoices in US Dollars and pertaining to that invoices we are receiving inward remittances in US Dollars and crediting in our Bank EEFC A/c

So how do we account for in INR


A vajjalad (Muttu)

Dear sir

Can One person can withdraw the salary from two different company.

Kindly suggest.

Muttu



Anonymous
29 June 2011 at 14:20

query for deduction u/s 80

Respected Sir,

I want to know whether if life insurance policy or mediclaim premium is paid by cash then it is allowed or not .

also tata iag & other policy will come under lic premium of 80c or in 80c - others
0aty0

also for pension plan scheme of lic what is limit for deducation allowed


seema wadhwa
28 June 2011 at 13:22

DEPRICIATION

ASSET HAS WRITTEN DOWN VALUE AS ON 01.04.2010 Rs. 250809 and sold for Rs 219127 dated 21.03.2011 now depreciation related with sold asset would be shown in profit and loss and balancesheet or not and if yes then how will we show it and how much dep. will be please tell me accounting treatment Rate of depriciation is 13.91%






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