Pl send me the format of Profit and Loss account and Balance Sheet as per Schedule VI of the Companies Act

Dear all,

In the balance sheet of our company, under head issued and subscrbd capital, an amount under heading 'Forfeited share amount paid up' is being shown since last 11 years. now auditors have asked to convert this into reserve.

i want to know, what can actually be done with the paid up amount on forfeited shares.

plz help. its urgent.

Dear sir

We have migrated to tally erp -9 recently.
Can any one solution to the following:

1. How to export reports to excel. provision of excel spread sheet can be seen in the package but report could not be exprted to excel. Can any one sugget the procedure to do this.

2. In previous version, calculator can be used easily. But in version erp-9, you cannot see the calculator when you come to data entry mode. Pls let me know how to use calculator.

3. Why we are getting so small letters on the screen. It is very difficult to read the screen in tally-9. Our technician tried all methods to increase font size but could not. Tally support also told it is not possible to increase font size. Is it true? I dont think so

Thanks

RK

dear friends,

my firm is a partner ship firm I have paid income tax in cash rs 17000.00 for firm for fy 2008-09 the payment entry i passed is income tax debit to cash cr.

where should i adjust the income tax amount or journal entry if any

under what group should the income tax ledger be created

is it a part of balance sheet in capital ac or profit loss ac as exp.

Regards

Survesh

I want to change method of depreciation in company , what is the requirement , if financial statement will not looks good (decrese in profit) after changing of method , shall i change method ?? , please advise me.

WHICH BOOKS OF ACCOUNTS ARE MANDATORY FOR ANY BUSSINESS CONCERN WHO FILE 10% INCOME ON HIS TOTAL TURNOVER OF RS.3000000/- U/S 44AF

Company has purchase a Assets about 15 year ago at Rs. 80000/- now its value become less then 2000/- but still we have to calculate depriciation on this assets and becuae of this Fixed assets register is too big then normal size.

So i wana to ask, that is their any provision regarding Depriciation, that after a fix time we can write off WDV Value of asset as Depriciation or any other,

becuase otherwise its very hard to calculate deprication of sunch More then 5000 assets which are older in Balance Sheet then 10 years,

Hi Experts,

Can a Proprietorship firm deduct the tax against an invoice from the vendor.?
For example,'ABC'is a proprietorship firm. ABC received an invoice from a vendor against "professional fee".
Now while making the payment to vendor against said invoice, whether the TDS amount can be deducted (sec.194J)or not by the Proprietor.?


Thanks,
Vijay

Dear Sir
In the Acc software tally i have one big doubt
presently i am working in construction company inthis case all materials like cement, bricks, interest on loans, etc charged to building account as an asset. at the year end there must be entry for depreciation , i am confusing in tally soft ware how to pass this entry
because after passing there is opening balance in next year in the above materials like cement, bricks, interest on loans etc accounts .how this is resolve in tally?
Will you please clarify me Sir

If the company is a infrastructure undertaking eligible for Sec 80IA tax holiday and in the given year, it has posted a huge book loss and even higher tax loss, is there a need for making any deferred tax adjustments in the books of account,(in the nature of DEFERRED TAX ASSET OR LIABILITY) given the fact, there is no tax incidence both as per books of account and tax accounts?
Please share your thoughts based on the accounting standard on taxes on income read with income tax provisions.
Thanks in advance