what entry should be passed in tally for a new car bought actual mount of car is rs 4 lakhs. but amount paid by chq is 200000 and rest amount is car loan .

we have received demand notice from Maharashtra Maritime board towards short payment of Export wharfage ,the amount related to last 4-5 years , is it prior period exp or not if not , pls explain

Hi all,

I wanted to know the procedure for the evaluation of expired medicines is it on the purchase value or on the MRP?

Why closing stock is not shown in trial balance?

In case where invoice contains labour charges & some material on which vat has not been charged.....for example labour charges Rs 8000 & wooden ply etc Rs 40000. do we have to deduct TDS on same under contractor. vendor is individual.

Please explain about TDS. how it is differ from normal TAX. How we can calculate & pay TDS.

if we had purchased a property for 10 lac in partnership n 1 lac is paid by partner .so can show property of 10 lacs in our account n 1 lac as due to our partner. if we had intention to own it by paying the remaining amount to the partner in coming future. and registry is on the name of both. pls suggest accounting

hi, I am a going to start a new business. The project size is of 8Caror, however, I have a financier who is ready to invest 35-40% in the business which is all I need to start the business as rest of the amount will be supplied through bank loan. The financier will not play any rile in the business and the whole effort of running the business will come from my side. My question is how much share should I offer the financier to call it even?

can someone please tell the exact meaning of goodwill raised ....

Dear experts

Actually one of my client he is manufacturing nature and this year he has paid sales tax arrears for last 3 years it costing Rs 8.5 lac due to this I am getting loss in my pl account how can treat said amt and increase my NP