If a goods rs 100 +12% gst means 112 purchased and now I want to sale it with 5 %margin, what value should I consider for margin 100 or 112, I B2b purchase and sale in retail

Please tell

Dear experts / frns, while calculating depreciation for assets, if any of them damaged/ deteriorated/ lost / no use any more, how to show it in accounts? & how to put the entry for this?

Dear experts/ frns, I was working with tally educational mode. Always it shows full accounts data excluding to allow entries in all dates. Actually that account was showing for the whole 1 yr. but now, showing only up to Dec month. why? I also tried to open other company data's. They opened up to sep month only. then I restarted, rewrited...but don't work. Frnz plz help me to access the data's for the whole yr... Thanks/ Maya.

Dear Sir

I have three saving account in bank one is OBC, second is pnb and other is SBI.

so can i transfer one bank amount to other bank by Cheque

is this any problem with me

any body question put on me

If an asset is completely depreciated as per Companies Act, but it is still having written down value as per IT act in the financial year apropos. Can we still claim depreciation as per IT Act for the calculation of Taxable Income?

Firm is in the name of wife and husband has taken demand loan from bank and same has invested in the firm of wife as unsecured loan and firm is paying interest of demand loan directly to bank whether TDS is to be deducted on payment of bank interest by firm as loan is shown as unsecured loan

How does the financial statements of a company based on cash method differs from the financial statements of the same company based on accrual method? Mention a transaction that will be entered differently?

Is there any real advantage in using LIFO method of inventory tracking as it only help to inflate profits in the beginning years (by showing higher costs of goods sold) and later on we have to show the older costs during an inventory liquidation? I guess that advantages of initial lower taxes will be offset by higher taxes later on.

Sir

COMPANY PAID EDUCATION EXPENSE OF ONE THE RETIRED EMPLOYEE'S SON. CAN THIS EXPENSE COME UNDER THE HEAD EXGRATIA.

Payment paid in July and July month return already submitted,Now original bill received in the month of September invoice date for July then how to booked invoice in Accounts and how we can input.Please let me know is very urgent. Please suggest