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.

please kindly explain me what is pledge,hypothication and collateral security.
2.what is difference between normal security and collateral security in bank loans

i have received house rent from letting out house.how to be shown in financial account??

Hello Sir/Mam

Intt. on Capital will be transfer in Capital Account or Partner Loan Account

and Salary to Partner could be transferred in Capital Account?

and Rent is Allowed to a Partner from Partnership Firm

Thanks for Response

Sir,
We have purchased material of Rs.3Lac and return material of Rs.2Lac back, and demanded for credit note. our supplier provide us Credit Note of Rs.2Lac, but our purchaser want one copy of credit note to be acknowledge from our side.stating reason that tax dept (e.g.Sales or Income Tax will demand the same) want the same for checking purpose.Whether acknowledging credit note to be correct from our side?
Please inform me whether this right or wrong. Waiting for your advice.
Yours,
Pravin

1 employee had gone to US so how to account his bills in tally?

I entered his food expenses in entertainment exp , hotel expense - stay expense , fuel - travelling , other expense - sundry and credited it in his name. And whatever company reimbursed is also entered in his name so it gets nullified.
Is it correct?

how goods in transit accounted in books how goods in transit accounted

I want to borrow 5 lacs from a friend. I will b using the money in my business.How much maximum interest can be charged on this loan amount???

I want to know the main difference between tax and accounts Balance sheet. And also if the date to submit my tax B/s to 30.11.2014 will it also effect the papers to be submitted in bank for review of my limits.?