Whether administrative expenses incurred for construction of a mall building can be capitalized in Fixed assets? if yes then give me some administrative expenses examples and if No why?

Dear Sir,
I want to know that whether financial statments for the companies for the period commencing from 01/04/2014 onwards should be prepared under Revised Schedule VI of The Companies Act, 1956 or under Schedule III of The Companies Act, 2013.

Dear all

Can you please advise how the WHT paid on royalties and other reimbursables to overseas entities are booked in the hotel’s book?
Specifically, please advise
• the account being used to book these WHT payments and,
• whether these WHT are Deductions in calculating incentive fees.

I am paying rent inclusive of service tax so can i show the breakup of it in the entry

Journal
Rent xxx
to party xxx

payment
Bank xxx
to party xxx
to service tax xxx

In India most of the SME Sectors uses basically TALLY accounting software to maintain their accounting. That’s why we can say that TALLY is the India’s accounting software. I am going to ask something funny but very important question
My question is that in whole world now there are 195 Countries in world can some tell which accounting software mostly used by maximum Countries and which is the each Countries accounting software can say?

I wanna prepare for finals which is due in may 16...but I've heard the syllabus is going to be completely changed... Is that so... What should I do then?

if i purchases woden of rs 100000 and paid 15000 vat on it..total amount paid by me rs115000..
so can i take back vat amount from govt??
is it refundable ? if yes then how

sir,
one of my friend having proprietor firm purchased car by taking loan and pays the EMI from his firm account. problem is car is registered in his father name and his father is also having proprietor firm.

what is the accounting treatment in both the firms. suggest me.

What will be entry for Advance Payment of Salary? How it will be treated when passing Journal Entry (Salary Payable) in tally

Salary is Rs. 10,000.00
Adavance Paid in Cash Rs. 2,000.00



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BK Dubey

For consulting service provided to the government in July 2014, we paid service tax on invoice amount as per work order in August 2014. The government made payments in October 2014 but decided to change payment terms and paid lesser amount. How do we deal with overpaid service tax? We do not expect more consulting in this financial year.