Hello every one:
I want to know that our co taken LAP from religare & cholamandalam & paying emi. let me know is there any tds liblity on repayment of interest on EMI paid by us.if yes on which amount only interest amount or total amount paid through EMI + processing fees charged by them

Thanks in advance

suppose you are going to start new financial year then What treatment you will do of previous year balence sheet ( like previous year prepaid,provision etc) in current financial year.

After closing the financial year i.e. 31st march., you have received a teliphone bill on dated 1st april ( And the bill was for the month of 1 mar to 31st march i.e closing year's last month)what treatment you will do in current financial year and closing financial year.

is share apllication money is part of Shareholder's funds ?

In case of Pvt Ltd Company, Labour Charges were paid(to another Ltd Co.)But TDS was not deducted at all . amount of payment was above Rs. 20000/-.
Now this exps was capitalised.
Wat will be the cosequence of non deducting the TDS???? under wat SEction under Income tax Act 1961???
Will the depreciation claimed for the same be disallowed.????
Is there any penalty or interest applicable.
If we claim it as expense will it be fully disallowed ???????.

Urgent????

How to account for exhange difference on raw materials imported ? What are the accounting effects and what are the AS 11 requirements in this respect ?

what is the entry foe deffered tax in books of accounts.
pls give both i.e deffered tax asset ,deffered tax liability.given it jounalised entry way

urgent

Sir
A PVT LTD COMPANY Which has Mining Business they will pay TCS to the Government whether it should be under the head of CURRENT ASSETS or Administrative Expenditure?

Hello,

Is there any provision regarding the time period after which government liabilty can be written off from the balance sheet of the company.

An advocate told that it cannot be written off before 12 years.Is it correct.

Please help.
Regards,
Jyoti

1.difference between cost & expense?

2.what is cost driver?