For example- if a assessee buy a product Rs. 100 and also he paid to tax 14.30% and after that he can sale the product interstate 2% which he can claim input tax credit how?

Sir,
The cash limit was regards salaries Rs.12,000/= payable to driver, can I pay Rs8000/= or Rs.10,000/ by 3rd week and balance will be paid by end of the month, both by cash. It is allowed, please reply, thank you.



Sir,
I have payment of Rs 12,000/=, as per the new rules can I pay Rs.10,000/= today and Rs.2000/= later some times. please repaly.

i purchase a land in 1980 and now value of land has been increase. i want to report in balance sheet 2016. on such value i have to take in balance sheet as on 31.03.2016.

hi would request any body tell me the way of Church books of accounts and returns. In which accounting standard will come under thanks regards poorna chander

Hi, ours new company started in November 2016 , from November to March 2017 we have paid salary without deducting TDS as no one is under TDS from November 2016.Some employees are worked in other company and they didn't submitted their form16 or other proofs of TDS from exemployer . So we paid salary without deducting TDS.so should we issue form 16 to employees who are willing to file IT.

in constructed new building we fitting 1.Electricity item (wire, pvc pipe, electric goods) 2. Sanitary ware ( water pipe,bathroom fittings, etc.) so please suggest account head for both items, weather its capitalize in Building (WIP) or other heads.

Dear Expert ,

plz tell me car parking expenses comes under which head in accounting.i took under vehicle maintenance whether it is correct or not.Thanks in Advance

For calculating tax under MAT should i take 18.5% or the rate given in problem. Kindly help.


Indira K V

Dear All,
We are manufacturing foam mattresses. This year my company has decided to take bar code for the product. So, my query is :- (a) What is Bar Code & it gives benefit to the co. (b) Co has paid annual regn fees & other related charges to the agency, This amt i have to take in which head? Is it revenue / capital expenditure?

Pls explain me in details.

Thanks in advance

Anjan S. Mehta

i have received purchase bill after 2 year.how to pass journal entry current year and how to adjust these bill?