IF 1 company is paying tds on behalf of other company then do we have to pass 2 entries?
1. jv for tds
2. payment entry

or only payment entry

sir I want know what are exactly the amendments in advanced accounting IPCC for may 2015. I'm not finding them clearly anywhere. please its very urgent.

Sir
can you please tell me how to prepare balance sheet as per schedule 3 & what is deference between schedule 3 revised schedule 6. and the format of schedule 3.

All Experts- Plz help
We want to sale machinery which we had imported from China. But problem is S.P of this machinery is less than cost i.e there is Short term loss. Sales value is not covered even depreciated value (Cost - Depreciation = WDV). So what accounting entries I have to pass when sales value of machinery not covered wdv

what is H form who issued to whome?

Sir
Ours is a Chit Fund Company and a customer abraod wants join a chit in our company.

But the monthly installment payment made by him in foeign currency.

Please let me know how to treat the same in accounting procedure

This is one and only foreign transaction having us

Please kindly help

Thanking you

'A' get gold & silver as gift from his father, what is the accounting treatment of gift in A books.

I have given form112 stating that I am interested in perusing B.COM and ICAI has permitted to do it.but now I want to quit b.com and join ACS .Is it enough I give another form 112 or is there any other procedure. please help me . thanks in advance

I have to write off liabilities which are payable for more than 5 years. So, can I write off these liabilities by adjusting against indirect income.
Thanks in advance.

sir..i had 2 month salary from a co..after that..i hav a kiryana shop( not maintain books of acc)..and i m MD in a co also..and receive salary 60-70k..in that case which form should u use..?