sir,
we are carrying on business on partner ship firm consisting of 4 partners at equal share of 25% each and we registered at register of firms.we are located in andhra pradesh.
now one partner is retiring and we make altered partner ship deed. we went to register of firms to registe the change.
the register asking for 5% stamp duty on all property of firm as per market value.for valuation he is not allowing bank loans.

is there any case to pay stamp duty and how do we calculate market value of firm.please clarify.very urgent

How to capitalize Bank OD interest.Please help

i have an query if asset is under WIP and some income receive from it what is the treatment. for eg- i have an asset valued Rs 100 crore and asset is completed but no completion certificate received till date and income earn from it Eg. Rent than what is the treatment of rent is this revenue income or it should be less from Capital WIP????
please provide me Para of AS-10 in which it written.

Dear All

Plz let's know the any book or any website from where i can get the details journal entry of accounts which we are using in manufacturing industries.

Waiting for feedback.

Dear All

Plz let's know the journal entries of accounts which we are using in manufacturing company. I.e Purchase with vat & it's effect & many more.

SO where i can get ths noformation.

Waiting for feedback.

Please explain me about the excusions from input services as per Rule 2(I) in very simple words!!!

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We are doing automobile business, turnover crossed. Whether we should follow accounts book or not.

I wrongly passed entry in balance sheet for audit fee via cash but it was paid in next FY.i.e it was to be shown as payable. how can i correct my mistake or i need not correct it. My CA has already signed it and he doesnt know about this.

In Book Depreciation is Rs. 20000/-, and as per IT Depreciation is Rs. 18,000/-, so in this case kindly tell Entry for deferred tax, with some information. I am creating deferred tax in books for first time