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Anonymous
31 May 2014 at 11:18

Accounts

i like to know what are the differences between listed & non listed company.


Kunal Mittal
31 May 2014 at 11:13

Rejection of material

We are a manufacturer and sometimes the rejected material is destroyed at our customers place or they give us a debit note for any quality issue. What entry should be passed for this and what account shall be debited like sales difference or rejection or any other.



Anonymous
31 May 2014 at 10:41

Transport charges

dear sir,
i am asking question is transport charges collect from customer 2000 so we r paid transport charges 1500 remaining balance shows to income. It is correct sir pl reply me.


sonu
31 May 2014 at 10:36

Expenses payable a/c

Hi Exports,

I need information about the Expencess payable

i have books Expenses Payable A/c Credited Rs.4200 at the Mar-2014 after Apr-2014 i have recd bill of amount Rs.2350 Apr -2014 month i have booked Expenses payable Debited Rs.2350 balance it show Rs.1850 where can i transfer this amount

thanks


A.GOWTHAMI
30 May 2014 at 18:18

Tax details

Hai,

I have one doubt if private limited company selling their products to other countries like india to malaysiya that time which type of taxes will affected?



Anonymous
30 May 2014 at 16:11

Income tax return

DEAR SIR,
I AM SALARIED PERSON BUT MY ANNUAL INCOME IS 2LAC. I RECEIVED SALARY IN CASH NOT ANY SUPPORTING DOCUMENTS. MY INVESTMENT IN LIC, BANK FDR. I WANT TO FILL MY PERSONAL ITR RETURN FOR FUTURE PLANNING OF LOAN & SAFE SIDE VIEW INCOME TAX. PLEASE GUIDE ME HOW I SUBMIT & WHICH FORM SUBMIT.


Hemant Nandanwar
30 May 2014 at 15:43

Accounts head

we installed CCTV camera at site. please confirm about Head we will pass the entry.


Gangadurai
30 May 2014 at 15:28

87a

87A applicable for huf?


Maninder Jain
30 May 2014 at 13:05

Contingent liability

If a company has received a show cause notice to disallowance of certain expense of Rs300 resulting in probable tax demand Rs. 100. The entire demand has been paid by the Company under protest.

Should Rs. 100 will now be disclosed in Notes to Accounts as Contingent liability.

One view of the Auditors is that since the amount has not been expenses off it should be shown as contingent liability.
Another view of the Auditors is that since no further cash flow will be there so no need to show it as contingent liability.


Sanjeev Agarwal
30 May 2014 at 13:01

Exchange fluctuation

I imported a Machinery and sent full payment in advance @Rs.89 to a Euro. When the machinery was imported into the Country, customs valued the machinery @Rs.86 to a Euro.

At what value should I take machinery into my books of account at the value I remitted or at the value which custom officials have taken






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