For HRA
How to write it in the computation

HRA Paid by the employer (included in salary) - HRA rebate (shown as deduction)

is this the correct treatment?

Dear Sir/Madam,

In Last financial year i.e for 2013-14, my client has used the old depreciation rates and complied with the rates as prescribe in Companies Act.

But in current year i.e F.Y 14-15, they are not compiled with new rates as per Companies Act,2013.
Depreciation is charged as per old rates only i.e on SLM basis till September 2014.
System used by them is unable to give retrospective effect.

So how to find the correct depreciation?
And what would be the accounting treatment for the same?

I am trying to migrate tally 7.2 data but I am facing migration.err again and again please help me how can I resolve this

Mr.X(Husband)in his book of A/c.take a Car and after 5 years paying full loan.Can He gift car to wife (Transfer necessary paper)only for book entry?

HI to all..

in the previous year company had purchased a land and shown in balance sheet respectively.
in the present financial year they built one building on the said land.....

at the end of the financial year:
1) whether, can show land and buildings seperately with their values or collectively.

how to show in accounts and as well as in income tax.

please explain about WCT and where wct is applicable & rate of %

Hi,

Need a clarification on the below subject. It would be great if somebody can help me on the issue:

In case a client has filed an arbitration case against the company. The arbitrator rules the case in the client's favour. The exchange debits the broker and keeps the money in escrow account. The order is challenged and an appeal is filed against the order. The appellate arbitrator rules it in company's favour. The money is still lying in the escrow account which exchange will keep on hold.

The query is whether the money kept in escrow account be treated as expense. Also suggest what would be the situation in case the suit would be appealed by the client in the high court and would be pending for trial with High court at the year end.

Please suggest

suppose my organization situated in gujarat.and we have work at mumbai site..so if my employee purchases material vat@5% rs 100000 from mumbai site
dr-purchase@5%-100000
dr-input cst@5%-5000
cr-supplier-105000.
is it right?\

i m using tally erp..
i am working on mumbai construction project in which the salary of mr.aashish incurred rs 10000.so i make entry for this into my payroll
dr.wages expenses(emplyee name=aashish)
cr.cash a/c....if i give this type of entry in payroll i can not saw wages in mumbai construction job due to lack of cost center(mumbai project)
so plz advice me that how to do such type of entry with this i can saw wages of aashish in payroll as well as in mumbai project

lodging expenses under which ledger?