hi sir,
myself gs rajput I m newly in accounts can u guide me abt tds
when b deposit tds & fill up return
can u reply with whole details ..
thanks
9914620271

Ours is a Pvt.Ltd.Company. Our Company is share holder of another Pvt.Ltd. Company. During Last F.Y. our company sold out the shares and also transferred it new share holder.

Now in this transaction loss has been made. my question is , Where should I book this loss ? to P&L Debit or should I deduct it from Co.'s Reserves & Surplus ?

Sir,
Please tell me ..

In financial year 2010-2011 we passed a entry for VAT receivable for Rs. 120,930.00

since output Vat was showing 1,20,930.00 at the end of the year it was transfered to Vat receivable by passing below entry.

I.E VAT receivable a/c .1,20,930.00
To Output Vat a/c 1,20,930.00

Now after assesment, Vat authorities disallowed our 1,20,930.00 due to other reason , now i have passed revered entry in current year exactly opposit as shown above.

now Output a/c shows Dr. balance of 1,20,930.00.
My Query is ,i want to nullyfy output account, then which account should be debited. ( since 120930.00 should be adjusted)

kindly suggest

If the Order for demand of income tax is passed by the income tax officer. however party has gone for appeal against this order.

What shall be accounting treatment of it in the books of account?

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

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.

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.

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

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?

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.