our company has a profit as per books of a/c is rs . 50lakh. but in income tax there is loss of rs 1100 lakhs due to deduction u/s 35AD. I have a quary whether this will be create deferred tax assets or deferred tax liability. please substance your answer in details.

Hi
any body can help me how to account discounted cheques from banks pls provide me the journal entries

Thank you

can any body share to me the Depreciation calculation Excel sheet for Assets and Furniture in a partnership firm

Dear Experts,

I have a CC A/C in Central bank. i have made CC A/C. in Bank O/D A/c. under the head of Loans(Liability side of my BS).
Is that correct as per rule? if correct ,then how it is the different from regular bank a/c.


thanking you

Hi,

Our Company is production of film in that we received bill for food provided to main artist to maintain him by village person let me know in that case TDS is applicable or not if yes let me know % and rule

salary entries with pf/esi/ptax deduction

we know that , dividend is proposed before AGM and declared after AGM , so, will the entry before AGM and before closing books be- p&l a/c Dr.
to proposed dividend
and then next year if declared same then
proposed dividend a/c Dr.
to dividend payable a/c
please answer !

Dear sir, we registred pvt.ltd. Company. Now we want open bank account for company name. Bt i am confuse about signing authority and sefty. avoid froud frm partner.

in company account company deduct tds from employee & job work suppler from previous 2 year but did not paid tax to gov & company already loss from 2 year how i adjust entry to dissallwance

I am in a Travel and Tour Operator Proprietorship. I have done some travel insurance through My supplier. He is IRDAI registered. He is charging Service tax on premium. Can I take credit of the same..??