i have started a catering business (only outdoor services non AC). so i am confused that should i go for vat or service tax

Dear sir
before setting up a plant we have taken a go down on rent basis
for 6 months it is before commencing the business.
actually as per IFRS what is the treatment
can i amortise the expenditure for years
or treat as p&L expenses
pls help me

sir my credit card statement is opening balance - payment cr + purchase charges = total due , opening bal 3174 payment cr 2770 purchase 5522.46 charge 280 total due 6018 please help me in creation credit card ledger

can i take opening balance in tally for creating credit card ledger

What if a customer pays more than Invoice, how can that amount be shown in account , Apart from freight charges and other charges. so I need to charge vat on freight nd other charges too.

An advance payment given to an employee on 31st march was treated as an expenses. Now in the current financial year that person is repaying the that advance. How to treat that advance??

Dear Expert,

Please advise if excise duty is part of turnover? Say a bill is of Rs. 100/- and excise duty is 20/- and vat is 5/-. Whether turnover is 100, 105 or 125?
How to present in balance sheet. They say, it has to be shown separately, viz, gross less excise duty = net sales.
Won't it downgrade the turnover?

Please help.

Two private limited companies are amalgamating under the new provisions of Companies Act, 2013.

The details of my query are as under.
1. Whether Statutory Auditor can carry out valuation of Shares of these both companies? ( Statutory Auditor is common for both these companies which please note). [As per my personal opinion, Statutory Auditor cannot carry out such valuation which another service other than Statutory Audit for both these companies).

2. Whether there are any formats of such Valuation Report that may have been prescribed by ICAI?

I know other formalities about the amalgamation under Companies Act, 2013.

So can anybody guide me over the valuation of shares as stated above?

Respected Experts ! If we draw a salary structure of the employee based on the full month attendence then in case of his absents will all the components of the salary slip change including basic salary or the basic remaining same some other components will be adjusted? and what will be the effect on the PF and ESI Contributions Will these be changed alongewith or not?

anyone have accounting software in which we can do data entry directly from bill image ?

Can I do data entry in tally directly from bill image/pdf copy