Akshit Jain
29 October 2024 at 13:55

Number of Nominees

Do the RBI rules stipulate that there can be only nominee for a savings account and fixed deposit account?


Daya

whether cash back received to be adjusted with with drawing in the case of expenses for personal purposed.


Panduranga
26 October 2024 at 15:11

TALY PRIME SURENDER

Dear All,
I want to surrender tally in of my syste, then Iam uloading this one to another system.
whether InHave to take back up to restore in second system.orthe data atomatically will come

Thanks and Regards


Daya
25 October 2024 at 11:35

What is meaning of in accounts such as

Lock in period,
Term period,
Please reply


Daya

what are adjustment entry at the beginning of the Financial year to be made generally books of accounts.


Daya
24 October 2024 at 17:20

Why term is used vendor instead of

why term is used vendor instead of Trade payable or Creditots in corporate.


Daya

what is meaning in LLP and Partnership firm while preparing partner capital
Contribution
Drawing
Please reply.


Daya
24 October 2024 at 15:03

Advance paid for capital expenses

Advance paid for capital expenses but some part paid is irrecoverable, after receving services or material.
what will be the treatment in accounts


Keyur
23 October 2024 at 09:19

Two wheeler parking shed constructed

Sir/Madam

Can you suggest me under which head it should be capitalized??

Under Building or office equipment head??


Srinivas Rao
22 October 2024 at 15:57

Passing of accounting entry

A four wheeler vehicle is registered in the name of Pvt. Ltd. Company 'X' and depreciation is claimed every year.

Due to some reasons the above vehicle underwent for repairs and maintenance and the invoice amount was Rs. 2.73 lacs and this invoice amount was paid through Bank transaction by another Pvt. Ltd. Company 'Y' due to shortage of funds in Pvt. Ltd. Company 'X' .

One of the Directors in both the Companies is the same person.

How to pass the entries in books of account for the above payment of Rs. 2.73 lacs in both the Companies .

Any implication as per Income Tax Act and in reporting.
Plz clarify.





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