if we are paying wages to shop floor worker then it charges under head direct expenses or indirect expenses

We have one transporter and we have an agreement to pay fixed amount 85000/month for supplying 11 vehicles/month. He submits bill along with LR copies. even if he didn't supply of 11 vehicles we have to pay full amount. my question is in this case we have to deduct tds > contract or pay GTA > LR copies else both? Please clarify

plz reply its urgent !
can anyone explain the treatment of expenses we have not recorded in the year 2013-14 but paid in the same year !


we have to revise our return or recorded it as expnse for prior period in p& l in the f.y 2014-15

What is service tax rate from 1st april '15

What sections will come under IT exemption (i. e. rs. 150000). Whether 80D will come under Rs. 150000 or not

When will the new service tax rates be applicable?

Dear Sir,

I have a small doubt. The firm, in which I am working, paid a rental deposit of Rs. 58,000/- on 11-2-14(P.Y. 2013-14). But forgot to show in books in that yr. Can we show that deposit in current year (i.e., P.Y. 2014-15) How to show it in current year Accounts???

Please reply

Thanks in advance

Facts :-

There is a trust registered under u/s Sec.12A of IT Act.
The trust is a Temple.
Now,A piece of Land is being allotted by govt.
Trust is in the view to build an another temple over there (land
allotted by govt.)
For that the trust given a contarct to a party to make the temple and
use its own material and labour and whatver require to build a temple.
The Party aggreed.
Payment is in lumpsum.

Query :- At the time of payment to Party by trust, TDS is to be
deducted u/s 194C or not..??
if Yes then why..??
If No..why..??
Consequences of Non deduction of TDS..??
Any case laws..??

Dear expect

Our company paid to OT amount regularly in this expenses amount which head we account

I have scored 61 in accountancy group 1 in November 2014 IPCC attempt. My question is of I score good marks in remaining three subjects of group 1 in my May 2015 attempt then will I get the set off of that in group 2 ?