Dear All,
Greetings for the day.
I am working as an 'Accountant' in an Pvt.Ltd. Company ( IT Industry ), since this is the first time am experiencing I wanted to ask this Question.
In our Organization last month they have taken a 'Assistant' for me as a Part time worker ( 02.00 to 06.00 pm), he has completed 'B.Com & M.Com', we need to pay him Rs.6000/- monthly for his working.
Hence how can 'i' show him in our books of Accounts, under what expenses,category 'i' should treat that exps.
If I show as 'Salary' - P.F & ESI will come into effect, that should not happen, so Can anyone please guide as Well as kindly give a 'Alternate Solution'.
Treat it as Very Urgent.
Thanks & Regards
Well Wisher
Sir now whatsapp is charging rs 55 per year as a charge . Now the service provider ( whatsapp ) is located in a non taxable territory and we the service recievers are in a taxable territory . Consequently, the reverse charge mechanism is applicable here . My question is , in reality who bears the burden of paying the service tax liability to the govt ? Or are these social networking sites like facebook and whatsapp are exempted from service tax ?
kindly suggest the method how to maintain proper record for the expenses where the seller don't provide invoices like we purchase milk packets daily the seller don't give bills for these how to manage these expenses so that I can have proper detail for these expenses.is there any book like journal ledger available in the market to record such expenses?
I heard from somewhere that the threeshold limit for tds on rent has been increased from 180000 kindly clear my doubt as we are paying rent 20000 per month to our landlord. and one more question in mind is on which amount we will deduct tds. the amount that exceeds 180000 (240000-180000=60000) or 10% on monthly payment?? kindly help
Sir are film celebreties liable to pay service tax ?
Dear Sirs
I need help for passing entries of building under construction in non profit organisations like public charitable trust. What are the methods of accounting for building under construction in NPO?
is minor have a share in realisation loss ? in case firm is getting dissolve..
hi we made rent payment in previous month to our landlord I.e rs 35000 and generator rent rs 3000 we made the payment through cheque. we had not deduct any tds. now I want to tds tds on that amount what will be the journal entries. kindly help
Sir / Maam,
Can any body give me the journal entries in consignee books.
Regards
Rupinder Kaler
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Accounting aspect