If I have purchased 3 Laptop of Rs. 160000,After some days MS office software purchased of Rs. 78,000/- and Tally software of Rs. 10,000/-,what would be the accounting treatment in financial books of accounts.If software to be capitalized then what would be impairment

Example

Mr. X(Importer India) is given advance with Exchange rate(61.47/$7600 and 61.82/$27650 two times paid) in PY(2014-15) to Mr. Y(Exporter chaina) and final amount paid in CY(2015-16) with Exchange rate(65.055/$3800). now how will calculate exchange loss or profit, how will shown in our accounts that exchange profit or loss and what is the asset value.

could u plz tell me the journal entry for the following...
TDS receivable in F.Y. 2012-13 on Commission
Tds receivable = 12500

If i receive only 6500 in the next year from ITD and the balance is yet to be received, then what amount of TDS rec is to be shown in Balance Sheet???
N plz tell me that do we have to pass TDS received entry Thru Capital A/c in proprieotrship.

Hi,
We are paid supplier bill after deducting TDS as per rule. But my query is some vendor send their bills after the quarter end.for example supplier is send their 1st qtr.(1.4.15 to 30.06.15) bill on 15th july 2015 and we are accounted and paid them on 15th july after deducting the TDS. and we deposit the TDS amount on 1st of August 2015.Now my question is when we file the TDS return it is comes on 1st qtr return or 2nd qtr. return? Is this the right process to do?

WHY closing stock will not come in trial Balance????

Tax Audit limit. (44AB) for fin.yr. 2013-2014 & 2014 -15 how much sir?

my grandmother in his custody has a jewellery of 900gm of gold since before independence. She has filed weath tax return on Ay 72-73 on his jewellery,without valuation report.The value of gold jewelry has being shown Rs 16000 approx.Now she want to gift the jewellery to me .please advice me the tax treatment of such gift and also advice me to keep custody of necessary document for it purpose

R/s experts i m a Student of b.com(h) 1st and i m willing to pursue CA but i also need to do a job to improve financial position so plz let me know it will be a good decision to join CA.

dear experts, what should be the main points to look for while analysing the balance sheet of a trust

plz anyone can clarify my doubt's and confusion. I know that depreciation is charged on fixed assets like plant and machinery , tools and equipment , furniture and fixtures and computer etc. But what about land. coz it appreciates over a period of time