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Anonymous

Dear Sir

our office is in a rented primises and we have taken furniture and fixture on rental basis. the rental we are paying is approx 3 lac per quater. I am in the option of treating the furniture as fixed assets and calculation depreaction based on the lease period of the office . am i right in doing so . or do i have to expenses the same.
your opnion will be appreciated



Anonymous

Dear all,
Please let me know if a person start his own business form jan 2018, from which date we can write his accounts for F.Y. 2017-18. If we start to write from Jan 2018, but for income tax return purpose his account to be kept from April 17 to March 18. Now from which month i.e. April 17 or Jan 18 we should write his accounts.


Minhaj Najir Bhopa
28 July 2018 at 10:48

Professional income

My Client is in the Business of Beauty Parlor. They purchase Parlor Materials for Consumption and provide parlor Services.Whether I Saw Materials as purchase or as Direct expense and Income as Sales or as Direct income?
Please Reply me
Thank You


Aruna Sant
28 July 2018 at 10:34

Tally erp 9 for gst


A proprietor has phone number in his individual name. So he can not register his GST No with the telephone company (by rule of tel cos.).
Has to register telephone co as registered one in Tally Master.
He will not get Input Tax Credit as there will not be one to one match.
How to enter the telephone bill in Tally ERP 9 as it is ineligible for ITC, i.e. entering the GST but not claiming ITC.


Neema Rawat
27 July 2018 at 20:33

Account ledger

Sir,
In tally drawing accounts come under which account??


Pardeep K. Sood

Kindly confirm gst rate applicable on pure labour contracts for residential house single residential unit and on commercial buildings


Israr Ahmad

I work in a dignostic centre . Some medical shop , Quak doctor, professional Doctor and person send/refer patients for testing here in the month end we give some percentage to them but I m confused in which head of account should me shown and if show it sale promotion under indirect expense will it attract TDS. If attract then in which section??


Bharat G. Singh
16 July 2018 at 11:53

Advanced account

Why preliminary expenses are considered as post incorporation expenses?


Subhankar Roy
14 July 2018 at 22:46

Nsc maturity

DEAR SIR,

NSC PURCHASE ON 10/04/2013 (5000*50)=665000/- THAT TIME I SHOWN IT UNDER INVESTMENT HEAD IN BALANCE SHEET . AFTER MATURITY I RECEIVED WITH INTEREST 1013158/- INTEREST AMOUNT OF RS. 348158/- .

WHAT IS THE ENTRY & WHERE I SHOW THE MATURITY AMOUNT PL & BS.


Mohd Nasruddin
13 July 2018 at 11:22

Depreciation rate on stabilizer

Hi,

please let me know, what is depreciation on stabilizer F.Y. 2015-16, 16-17






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