Dear All,

Please let me know that auditors remunaration paid to auditors by a company is allowable expencess for the company

Thanking you

PLEASE I AM USING TALLY7.2,ONE MORNING I OPENED IT AND I REALISED THAT I LOST SOME OF THE LEDGERS AND THE REMAINING ONES TOO ARE MISSED UP.LATER BEFORE I WAS TOLD THAT THE TALLY SOFTWARE HAS CRUSHED.PLEASE HOW DO I SOLVE THIS PROBLEM.

a person first incurs expenses on some items & Bribe.

then afterwards the company reimburse him the expenses incurred by him.

The co. initially depsosit the amount in that person bank account. further he incur expenses.

how we pass entry.

apart he provide production service chargeable in service tax.

Hi

Pls resolve my query.

suppose a person provide production services to media company(Chargeable to S. TAx).

From the said company, the amount regarding expenses & Salary is received.

Now., Salary is ok

But how we pass entry in the books of the amount that not belong to him.

He incurs expenses on bribe & Others.

He then Gives the bills to said Co. who afterwards reimburse him the expenses incurred by him.

Dear Experts

Is it required for bed debts w/off more then 3 year old

Dear Experts

Is it required for bed debts w/off more then 3 year old

Dear Expert

Please help regarding my queary about Debtors W/Off

last year(2007-08) my client tax liabilities as per audited balance sheet Rs. 3.00 Crore

but this year(2008-09)we observe in last year one of Debtors which amount approx 1.00 Crore which are likely Bed debts and not taken Bed & Doubtful debts provision and we want to take provision in this year

so please advise regarding how affect tax liabilities last year 3.00 crore and what entryies pass in account

Thanks

What types of Entries are made in JOURNEL BOOK? plz someone give ans.

What is meant by BAB updation?

one of my client is having export business, where he had exported Rs. 18 Lacs value goods in the month of
Feb 08 and the customer rejected half of the goods but stock was lying at them, and the my client supplied new goods in Nov 08 against same consignment . he had received Rs. 15 Lacs in Feb 08 . can he book his full sale in P.Y. 2008-2009 or half in earlier year and half in next year. please suggest