Hello sir, can anybody please tell me about bad debts claim. when should I book bad debts in my books. thanks

We are a car dealer and recieved interst from
customers on late payment. is that allowed or whether they have to deduct tds on that amount and what is the limit for tds deduction

What is the meaning of capitalized. Generally an entrance fee is capitalized means what is accounting entry and how it be shown in P&l,Balancesheet.

Thanks in advance

WHETHER TDS APPLICABLE ON HOTEL ROOM CHARGES IF YES THEN UNDER WHICH SECTION 194C OR 194I

Hi Guys,
Recently I got a query about Bank Fixed Deposit which is deposited for more than 12 months.
My query is that Bank FD is categorized as Non Current Investment or it is Cash or cash Equivalents under new Companies Act 2013 as per Schedule III in Balance Sheet.

Bill of job work Rs 35000 without service tax charging will be valid or acceptable. however, Tds had deducted.

An entity is following the policy of deducting penalty if the delivery of the said goods is not received within stipulated time period.

Now should this be reduced from the cost of the asset or be treated as an indirect income?

if an asset is purchased for the purpose of construction of building and building takes substantial period of tym for completion. then such asset(purchased) shall also regarded as qualifying asset....and borrowing cost in respect of such asset should be capitalized ....???? and why working capital is not treated as qualifying asset ....??? and as inventory that takes substantial period of tym regarded as qualifying asset.. inventory is also part of working capital plz sir clear my doubts.... m totally confused..

Electric Fitting on rented property (rent period 11 months, period may get extended) should be treated as revenue or capital ? i had this doubt because there is possibility that in next year rent agreement may not be renewed and the same expenditure on new rented premises. Thanks in advance for your valuable replies.

Hello Frnds could any one share with me excel short cut key functions to give better presentation to client.