jitu
14 June 2015 at 16:45

Opening & closing stock

dear expert

please clear my confusion:
opening stock not showing in trading a/c
i recorded it into opening balance sheet
as current assets


thanks


Kumar Gaurav
13 June 2015 at 20:56

Books of accounts

dear all Mr. A is a sole properitor and running a centre providig medical and pathology services having gross receipts for rs. 8 lacs for whole year. TDS is already deducted on that amount by its head office. Mr. A has not maintained his books of accounts. now he wants to file ITR to claim his TDS amounting rs. 80000 what can be done in this regard. thanks



Anonymous
13 June 2015 at 19:10

How to suspense account

hello sir / madam,

THERE IS ONE CREDITOR IN MY BOOKS TO WHICH I NEED NOT MAKE HIM PAYMENT BECAUSE SOMEONEALSE WILL MAKE PAYMENT TO MY CREDITOR ON BEHALF OF ME

AND THAT SOMEONEALSE IS ONE OF MY DEBTOR AND I HAVE NOT SHOWN THIS DEBTOR IN MY BOOKS AND EVEN THIS DEBTOR IS RELATED TO MY BOOKS
BUT THE CREDITOR ALL BILLS HAVE BEEN ENTERED IN MY BOOKS AND I HAVE TO CLEAR MY CREDIT BALANCE IN MY BOOKS SO HOW TO CLEAR THIS BALANCE ,PLEASE HELP



Anonymous
13 June 2015 at 18:44

Medical bill for partnership firm

Dear Experts,

I am working in a partnership firm. one of the partner give his medical bills. My question is it is accounted in company accounts or his personal accounts? and also explain me which of the partner bills do not accounted in company accounts ?and which bills are acceptable?

Thanks in advance.


Rahul
13 June 2015 at 14:18

Input of service tax on hotels

We charge 8.4 service tax from out customers on room rent as we get 40 abetment. We have to pay 14 service tax on other services such as Taxi services, commission etc. Can we claim input of this 14 service tax payable from the 8.4 service tax collected even though we are claiming the abetment of 40?


G Vijaya Kumar
13 June 2015 at 14:18

Difference

hi what is difference between sundry creditors and trade creditors


hitesh
13 June 2015 at 12:08

Cash flow

Sir,
for y.e.31.3.14 there was no need to prepare cash flow, now under ca 2013, it is required to prepare it. Should we required to give previous year figures along with figures of current years cash flow figures?


p.manohar reddy
13 June 2015 at 12:01

About deffered tax

previous year deffered tax asset:25899.35

Current year depreciation as per I T : 209,501.75
current year depreciation as per companies act : 420,837.06

please calculate current deffered tax.....


Girish S Khanvilkar
13 June 2015 at 10:38

Cpt account

On 01-04-2005, 5% cumulative preferance share capital is Rs.2,00,000
equity share capital is rs.5,00,000
During the years 2004-05 and 2005-06 the dividend declarations totaled rs.8,000 and Rs.16,000 respectively. what is the amount of dividend paid to equity shareholders for year 2005-06 ?


Girish S Khanvilkar
13 June 2015 at 10:34

Cpt account

A and B sharing 2/3rd. of profits of the firm and C and D are sharing in the ratio of 3:2. find the ratio of A:B:C:D.






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