Their is a company who has take over another without any settlement of accounts, Now we have stock of that another company of value 1.1 million rs and no other details we have. Now I have to shown those goods in my account books because we use in daily sales transaction. How can I enter stocks in my books of accounts because I have only stock details and no other details I have.
If I directly put stocks in opening then it will reflect the difference in Trial Balance and Balance Sheet.

TV, AC, oven, mobile, laptop, laptop stand, mobile stand for office will come under which head in tally? Fixed assets for office expenses. Please explain

Hi,

we have existing cement concrete floor in factory premises. now we are doing epoxy flooring on existing floor, can we capitalize epoxy flooring, please advise.

Regards

We are running a school, paid fee to Govt for school recognition fee, under which head we update in tally direct exp or Indirect exp . Whether we consider it as rates and taxes under indirect exp.
Pls helpus

Should i show and depreciate Windows operating system purchased with office computer with tangible fixed asset block along with computer value, or do i need to show it separately as intangible asset? My confusion is because income tax act group "computer including computer software" under tangible asset but as per AS10 and AS26 they should be shown separately.

I run a digital marketing agency, and it is registered under LLP. I work with one freelancer and make her monthly payments. I have not deducted any TDS while making her payment so far. Should I start deducting TDS? And for past transactions, is it possible to file TDS? Please note that I have not held any TDS from past payments, and the transaction value exceeds INR 25K . Thanks.

under which head can put Office plants and pots and wall photos worth AED 2000/-

Can put under expense Office plants and wall photos?

If I make payment of exhibition charges out side India, what will be entry in tally

In case of cash discount given to a buyer, the seller will record Discount Allowed as an expense in Profit and loss account. Which document will be issued to the buyer showing the amount of discount allowed to him?

Dear Sir / Madam,

We received notice from EPFO for payment under section 14B (Damage) & 7Q (Interest).

After many attempt and Discussion we paid the amount as per notice.

Now, They ask payment details with Covering letter.

So, Please give give me a draft covering letter.

Thanks in Advance.