Dear Sir/Madam,

Kindly explain what will be the treatment of TDS payable in cashflow statement.

I am facing a situation like this, please put some light on the following-

1. Opening bal of Provision for tax is Rs. 62,517.

2. Tax liability is Rs. 63,090.

3. Current year provision for tax is Rs. 5,98,863.

4. Advance Tax paid for current year is Rs. 4,00,000.

5. TDS Payable for current year is Rs. 13,146.

Note: I have taken figure of profit before providing for any tax.

Kindly explain the treatment of above in cashflow.

A person sold his paternal property by a sell deed by the sign all three shareholder brothers. The sum of 90 lacks distributed between them by the purchaser by the separate cheque in their own names. If all the seller are not agreed to form huf account for income tax return, is it possible to file their individual return and also get the benefits of tax deductions on source of capital gain under the section 54

My Client has Proprietorship business which manufacture ladies bags. She (Proprietor) had taken loan from her husband for business. She has two account in her books of a/c one is current a/c and another is personal a/c. Loan received through personal a/c and she wants to repay loan. whether she can pay through personal a/c or has to be through current a/c. And whether i have to prepare two balance sheet one for personal & Proprietorship or we can merge it?

I want to know the difference between traditional firm & limited liability firm?


What is absorbed depreciation ?

Hello sir Under partnership chapter
I unable to value the goodwill in annuity method . plz tell me the clear
steps for ascertaining the value of the goodwill under annuity
basis and how to calculate annuity value...??? plz tell me

How to enter sales bill in tally erp 9 ? it has given 30% discount and payment is received in cash

eg : received in cash
party name : xyz
stock qnty rate price
a 1 20 20/-
b 1 10 30/-
total -----
50/-
discount 15/- (30%)
net 35/-

QUESTION:-
PAYMENT MADE TO A DIGITAL LAB FOR LOGO DESIGN,BRAND NAME & CORPORATE POSITIONING STATEMENT. (Its Preliminary EXpenses)
a) Is TDS applicable in this case?
b) If yes,what percentage and which category?

plz help me.

Can anyone guide me how to maintain the accounts of Steel and Cement trading business in tally 9

Thanks in advance

Hi everyone , I hv bought the book of rajesh makkar for SFM for May 15,I just want to know wether it's a good book or should I refer any other book ?However I hv liked the book ..Please let me know ASAP whether rajesh makkar book for SFM is good or not !.!

Dear Experts,

As per Companies Act,2013 Is the company permitted to follow 2 methods of Depreciation i.e.WDV on some of its assets like Buildings and SLM on rest of the assets eg Mobile Phones etc.

Please share your thoughts...

Thanks in Anticipation.