SUPPOSE A TRAILER HIRING COMPANY SPENDS RS. 2,00,000/- OR MORE IN REPLACING THERE TYRE OF THE TRAILERS CAN IT BE CAPITALISED ON THAT PARTICULAR TRAILER

one of my client who is a power sector company makes payment to a professional body for carrying on charitable event.logo &banner of company was used in the event.servicetax on sponsorship services @12.36%was deposited under reverse charge.advice tds to be deducted u/s 194c or 194j.

after submission of all required data for renewal of cc , what is the validity of time for renewal of cc account by rbi ? is each bank follows or applicablity of renewal is different ? pl enlighten on it ?

i complete my 11 month 10 days articleship ..please tell. that can I transfer my article ship to other CA .

Please explain me about deffered tax liability in simple words.

Hi

I just wanted to know why Journal Vouchers are passed in accounting software and for which kind of transactions.
Is Journal Vouchers are mandatory or can be altered by some other way.

Pls give the details of depreciation as per new comanies act 2013 with example.

The other day my friend asked me why profit and loss account? it can be termed as profit "OR" loss account na..??
(he further said that there will either be profit or loss so why to call profit and loss account..?)
So any clarifications regarding the above mentioned matter..?
Thanks & regards,
Mahesh.

TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?

Dear Sir,

What is mean by exceptional item.