Dear Sirs,

Please Suggest for accounting entry for the following details in compliance with applicable (AS and laws)
Ex showroom price of Car 13,80,967 (After TCS Deduction @ 1% Rs. 13672.94)
Life tax 1,42,000
Insurance charges 44885
Processing fee and stamp duty for obtaining car loan from bank 3221
Accessories 15000
Other handling charges 1000

any body can tell tds deducted in which head in tally

Hello sir,
I Have a query regarding valuations of investments made in different companies, which further gone into losses, but actually the turnover of the company increases due to those investments in other companies.
So now how Companies can safe those investments from writing off and how can we value those intangible benefits.

Dear Sir/ Madam,

In our company two products are manufacturing . for the past combined books of accounts are maintaining but from 1/4/18 on wards management planning for separate books for two products. my first & primary doubt arised that how the sale invoice nos should be. if i give separate invoice nos how can i fill all the required fields in GSTR 1 ? Suggest me how carefully should i overcome all the issues under GST.

Thank You

What is juneral entry of salary with employer contributions.

Hi I made handicrafts company 7/7/2017 .khalifah Exports pvt ltd.but am not use that company.I hv other business so I want sale my company.how can I sale?

Dear Experts,
Mr. X and Mr. Y are running proprietary firms Mr. Y has taken loan of 60 Lakh in which he has cleared the loan of 20 Lakh of Mr. X and rest 40 lakh was credited in Mr. Y account. However Mr. X will not return the 20 Lakh to Mr. Y

Pls tell me the accounting treatment for the same.

Thanks & Regards
Vishu jain

Sir,
In a public ltd co., In FY 201617,One of the Directors brings in cash Rs 34Lakhs for a land purchase in a single day. But the transaction is postponed. So the entire cash is deposited in company's current account in SBT by the accountant as per that director's instructions.
After 2-3 days the full amount Rs.34L is withdrawn in cash(via cheque& repaid to the director
What shall be the accounting treatment for the cash transactions in the Daily Cashbook to avoid any legal issues both for the director and the company?

We showed it as loan from director in cash& its repayment
Is it ok?
If its wrong,how to correct?

Should we mention details of debtors, creditors and cash detail in Itr 4. If we do not then wat will happen..

Dear Experts,

If in the financial statements of an entity there is opening balance of loan & Advance by Rs.500,000 for which no amount received during the year then in the current year it will be classified as current asset or Non current Asset ??

Thanks in advance....................