Assessee C has debtors due from A of Rs. 40 lac. Now C wants to show in accounts debtor due from A - Rs. 20 lac and from another person B- Rs. 20 lac. (about which- A said B will pay on behalf of me). If this entry is correct to show in audited accounts when no sale is made to B and showing his name in accounts by entry only.

What is the last date to file tds return.we have not started any sale purchase yet,but we will soon start the activities. do we need to file vat return of this quarter?? kindly help

How to account the capital items received through donation or gift

is dealer require to obtain proof regarding purchase of agricultural produce from farmers like RTC or anything since there is provision of exemption of cash purchase of more than 20000 u/s 6DE

Respected Sir/Mem,
jst i m confused in below meter,

my total tax liability is 29650
my total tds deducted is 15750
total self assessment tax paid is 13900

i haven't made provision for tax at the beginning of the year.
what would be the entry for the above mentioned transaction??
and what would be the under head for self assessment tax paid??
kindly do the needful.

thank you.

I have done application statement of GVA for 6 persons. But in PM it is only for 5 persons. Though no changes in GVA amount. Which one to follow?

can we claim deduction of interest on home loan under profit and loss account

Suppose a firm invests in development of a particular tooling at vendor and starts using it for a defined volume of business. Subsequently after a couple of years, if with certain additional investment in same tooling, some modification is done so as to reap more volume benefits. How such tooling assets will be valued? How it will get accounted? What will be value of the asset if intended to be sold?

difference.

R/sir
I am accountant in a pvt. ltd. company at Kanpur U.P. I did not deducted the tds from payments of Parties for the period of Ist quarter April to June.16, but in july I did due the all tds dues against party transactions for the April to July in one entry and deposited in next month up to 7/08/16,

sir, I want ask u that did I wrong working regarding tds and can I not show the deducted tds in the tds return of IInd quarter

Regards