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

Dear Friends. kindly help me with the exempted states under ESIC. Thanks in Advance Nasir

We are Investment co & tarading dealing in shares & securites(NBFC) showing share purchases in B/s to under investment say Rs.10/-. In March 2016 we transfer them to stock in trade a/c for Rs.5/-. Now in March 2017 we valued them at market value i.e Rs.15/-. is it right or wrong. If we sale them in 2017 for Rs.2/- then what is the pur price Rs.5 or Rs.10 or Rs.15 pls guide

Sir / Madam,
We have started an Event management Company.......Please guide me about the possible Accounting heads for Income and Expenditure Account.....

Regards
Rupinder Singh