rakesh varadkar
08 October 2015 at 18:13

Tds on work contract

dear sir pls help me out on which amount should i deduct tds on work contractor


Accounts worker
08 October 2015 at 17:58

Loan can be given by spouse in propriter

Dear All,

I am in confusion for below-

A proprietorship firm can take any Loan by cheque from Spouse ( Wife / Husband ). is it allowable under Income tax ?


Snehlata Agrawal
08 October 2015 at 17:38

Write off accounts payable

Hello ,
In my company, there is long outstanding creditors prior to 2002 -03 which have no details. The activity related to that outstanding creditors belongs, is also closed. My question is Can I write off this creditors balance. Becoz as per my knowledge we cannot write off the trade payables. so in this circumstance what can I do.



Kamal Kumar

Dear Expert,

I need to made a payment to a videographer
for his services to my advertisement agency
he gave me an invoice of Rs 26000,and 62000.00 ,he has a proprietorship firm
and he is asking for payment to be made in his name(individual )
should i made payment on his name or not?
what about tds liability ?

Thanks


MANOJ KUMAR JAIN
07 October 2015 at 21:43

Head office a/c presenationn

PL. ADVISE ME IN BRANCH BALANCE SHEET HEAD OFFICE ACCOUNT(CREDIT BALANCE) TO BE SHOWN UNDER WHICH HEAD AS PER SCHEDULE III IN COMPANIES ACT



Anonymous
06 October 2015 at 11:11

Accounting standards

A company had purchased and Capitalised a Car during the year F.Y- 2013-14

an air conditioning system is added to the car during F.Y. 2014-15. In such case AC should added to the cost of car or charged to repairs & maintenance.


Dipesh Dedhia

Dear All,

Good Morning!!

Can anyone suggest which cash flow statement will give better vision of company position, its IFRS standard or normal accounting cash flow as per ICAI norms.

Regards,
Dipesh


Narendra Narayan
06 October 2015 at 06:01

Taxes on money he has taken in his name

dear sir one of my friend has done a civil renovation works in govt of karnataka and has worked as sub contract now the problem is he has received cheques in his name worth 21,42000/- now I wanted to ask how is this treated and he has got vat registered in his own firm but purchased all materials in the main contractors tin number and how he has to cope with the amount he has received in his name


sravan
05 October 2015 at 07:00

This is serious @icai

The marks I obtained in omr are different from certified copied provided by ICAI Not jus one one subject every subject of my ipcc group 1 Please telle if there is anything i can do


sravan
04 October 2015 at 23:07

Icai-result fake

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