Sir,
Please tell me whether the perquistes are taxable or not as per the union budget 2010 & how to account for them in books of accounts, any kind of exemption limit is there or not
Suppose I have buiding under Construction, which is shown under Capital WIP. Will depreciation be allowed on CWIP as per Companies Act and As per Income Tax Act.
Please clarify me what entry should be passed in case of Provision for Audit Fees(consider TDS also) and entry for subsequent year.
VERY URGENT
Dear Friends,
could anybody explain me about the technical/accounting/end-to-end relationship of "Cost center & Profit center"
Would appreciate,if answered,with a better practical example in BPO Accounting set-up and help me in visualising the P&L and B/S ?
thanks in adv.
How the valuation of loose tools as well as spare parts of machinery can be done?
A co. purchased a cheque from a bank. What entry it should pass in its books on purchase of cheque as well as on the payment of it to the bank????
one of my friend is carrying on an business of car mechanic. what are the taxes applicable to him , he had made an turnover above 20lacs inclusive of parts purchased from outside for the cars for repairing purpose.but there is no sales of parts done by him. what he receive is only lab our charges as income.
Hello friends, I have got an sms that the Academy of Commerce (AOC) has launched an IFRS Training Programme. They say they have a standardised module, experienced team of faculties and prominent names in the advisory board. Fees - 18,000. Should i go for it ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
perquisites are taxable