Payment to contractors of secutiry?
what the rate of TDS?
Edu. Cess + Surcharge are included or not?

Can v apply AS 2 for Valuation of Shares held as Inventory ?

if electric items like bulbs,tubes etc. are purchased for plant than can it be charged in plant and repair, or in other way?

Sir,

At present our company airtel bills is paying threw Bill junction(Auto payment)
we will account as per below

Bill Junction A/c Cr

Telephone exps Cr

Payment Entry

Bank A/c Cr
Bill Junction A/c Dr
my question is where we have to give credit whether Bill junction A/c Or Bharthi Airtel a/c pls Advice at the earliest


Regards
Raghavendra

I want to prepare projections for next 3 years. What are the important steps to be considered while making projections. How the P&L & Balance sheet is tallied?

I need Excel formates for Cash book,Ledger,Advances,BRS,Cheque issue and receive registers.

What is CMA data .How to prepare CMA data from own balance sheet ? Can some body help/guide me prepare CMA data .

I.S Tuteja

I am working in MNC Co. on contractual basis. In my salary calculated as a proffessional fees and deducted TDS @ 10%.
no P.T. deducted in my sal.

Whether the P.T. are payable or not?

Thanks....

Hi,

Can you guys please explain me K-1 accounting treatment as per US standard.?
And also please explain, is this accounting move in same direction of TAX Filing of LOSS by subsidiary companies ?

HIGH IMPORTANCE

Thanks,
Anil

i want to pass entries for payment of self assessment tax. i have debited advance tax and tds receivable in current assets.
now, while paying self asseesment tax, what entry i am supposed to pass and when i receive the assessment order from the itax dept. after a year or two, then what entry i am supposed to pass if the amount as assessed by the department is different from the amount paid as income tax by the company.