Dear Sir,
A person engaged in business of selling of agricultural product ( Wheet, paddy, Cotton) on commission basis ( arthia), i.e., purchase agricultural produce from farmers and sale it to market via KRISHI MANDI, some time he pay advance to farmers for their house hold activity. now my inquiry is that In Which Group we make the ledger of farmers and recipient Please advise

Hi

Please guide in brief accounting treatment of Capitalization of interest.

Thanks

When a partner takes loan from his partnership firm, what can be the interest percentage if there is no partnership deed???

Dear Sir,

We have a firm( Commission Agent can says Kacha Arthia ) where is Mr. Vinod is proprietor of the firm. He got a cheque from his son Rs.153000/- (in tally we have shown under unsecured loan ) after that Mr. Vinod recived some goods from his son and paid some amount to him now please suggest in tally which group i have to create the ledger

Dear all sirs
i taken tally Erp 9 classes to became good accountant
so what are duties and responsibilities should have became good account
plz help me any one so i focus and study thet topics. so i could built my career with strong concepts

Dear Sir

I work for a company who are into shared rental business. We take up properties from individuals and put it on rent to tenants. We enter into two different agreement with owner, one for lease deed and other for providing services to the owners property. Services include paying maintainence charges to siciety and taking care of the repairs . Now my concern is rent attracts TDS at 10%, what will be the rate of TDS applicable in service provided. Will it be under Sec94I or Sec 94C..

Pease help. TIA

Dear All,
Please help me, If I sold a good having Value of RS 1000 Plus 18% GST extra. Need to Give 10% discount and Deduct 5% TDS. Then how invoice is draft and entry in telly.
Thanking You

Ours is a pvt ltd company in the shipping sector. Recently at the time of berthing of a vessel in our berth an accident took place resulting to some damage being done at our jetty. We estimated the cost of repairing the same which came to Rs.76600+gst@18% totaling to Rs.90388/- which the ship owner had already paid to us. The repairing job undertaken by one of our contractor is going to be completed shortly. My question is the accounting entries to be passed for the receipt of Rs.90388/- & also when the repairing charges pmt of the same amt is to be made.

HI,

CAN ANYBODY LET ME KNOW HOW THE BANK CALCULATES DEBT SERVICE COVERAGE .IS IT BY NET INCOME(EBITDA) DIVIDED BY DEBTS SUCH AS LEASE FINANCE.PLEASE CONFIRM THE BUSINESS LOAN AND OTHER ADVANCES TAKEN FROM BANK ARE INCLUDED IN THE CALCULATION OR NOT

In our Company We Organize a Event In Which A Vendor who was a Event Creations Who made a Bill of Stage Fabrication,Technical Services,Entertainment,And Logistics Services Apart of It they Have Charges a Management Fee May I know on Which Section should it considered 194 (J) or on Composite Servises 194 (C).
And TDS Calculation.
Please Guide me