I have FD Value @ 78531.01 on 23.08.2016, same has been renewed on 08.09.2017 (381 days)
Now maturity value on 08.09.2017 is 84861.01 so how to account it in tally (Means what is accrued interest and what is received )
and next maturity is 24.9.2018 and value will be 90537.01 then what entry we have to do on 31.03.2018.

dear experts kindly guide me that if some one deposited 15 lacs cash in a single day in bajaj life insurance for new policy that what will happen for corporation and he has deposited in a block of 200000 and adjusted in one policy of 5lacs and whole amt 15lacs in 3 policies what will be done by corporation for avoid penalty

while fitting the opening balances what and all should consider only balancesheet of balancesheet and profit and loss account should consider

what is the treatment of loss on sale of office equipment. The block of asset still exists.whether liable for capital gain/loss

While I am preparing P&L, Balance Sheet. i have one doubt. Whether Sales and Purchase value includes Vat/cst/Gst amount also or only Gross value of that Purchase or sales?

Can a composition taxable suuplier make intra state supplies in B2B format.. wht wl b the position of another trader making purchase frm that dealer..

bank loan account got classified NPA for a small amount short of RS.140 that to due to Mistake of bank as the loan holder paid the AMT demanded now the bank is asking to pay whole loan amount advice

You have records still Under processing/Processed with error status in section : B2B Uploaded by supplier. You may go back and take action on those records before submitting. If you choose to proceed without taking action on the same, system will process your return/statement without considering those records.. Do you want to continue?
any solution for this

[1] According to the latest MCA amendment w.e.f. 30 March 2016 by MCA in AS 4, proposed dividend is not to be recognised as liability in the books of account; but is to be shown only by way of a note to the accounts since the statutory obligation for dividends arises only after approval by the shareholders.
[2] ICAI suggested answers [CA Inter May 2017 Q. 1(d)] also confirm this treatment.
[3] Most of the published Financial Reports of listed companies for year ending 31 March 2017 have also shown proposed dividend only by way of note and not as an appropriation / current liability.
[4] However, in all the Illustrations in the latest study material (July 2017) for CA Inter Paper 1 Accounting Module 23 Chapter 4 - Financial Statements of Companies-; and CA Final Financial Reporting RTP for Nov 2017 Q 1, proposed dividend is shown in the body of the balance sheet (by deduction as appropriation from Reserves and surplus; and as current liability) and not in the notes.

Which treatment is to be followed?

Sir, our company has paid rs 29000 tax in the previous fy 2015-16 under the provision of Mat. The full amount Is eligible for transfer to mat credit entitlement account as there was no tax under the normal provisions of IT. So the journal entry passed was mat credit entitle ment ac dr 29000 to profit and loss account. My query is what is the journal entry for mat paid? Journal entry for the tax paid rs 29000 in the month of September 2016.