whether accounting group can be created in the case of individual
Life insurance expenses ( Drawing) For Life insurance expenses to Claim under section 80 C Mediclaim Expenses ( Drawing) for Health Insurance to claim under section 80 D
Donation Expenses ( Drawing ) for donation paid under section 80 G
Bank expenses ( Drawing) for bank expenses paid
Travelling expenses ( Drawing ) for Travelling expenses
Drawing ( For all other expenses )
Or any other Drawing Expenses can be created for income tax purpose like created Life insurance,donation Expenses etc. Please suggest.

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Bank expenses ( Drawing) For Bank expenses
Medi-claim Expenses For Health Insurance for section 80C
Life insurance expenses for Life Insurance paid For section 80D
Donation for Donation paid for Donation paid under section 80G
Travelling expenses To Know separate total expenses incurred
Drawing ( for other expenses )

Accounting treatment of Advance tax and TDS paid by LLP and year end entry made by firm in the
books of LLP
In the books of LLP at the FY end
Partners capital account Dr.
To Advance tax

Now can i book the advance tax paid by firm in my books as Advance tax personal expenses in the FY year end in partner books
Partnership firm expenses A/c Dr
To Partnership firm A/c

Where should the profit earned by LLP transferred after finalization ? General Reserve ?

Please guide.

Company is making the provision for property tax on its building, Since the disputes with the municipal authority it will not be paid before filing the due date of return of income, payment will be made only after getting the property tax assessment order from the dept. whether we need to provide the deferred tax treatment in the books of the company as per AS 22

Can a Leasehold land (taken on lease for 99 years) be revalued under AS 10? Also, please suggest the accounting treatment?

Repair and renovation expenses incurred for the existing building like fixing of tiles to the walls, replacement of sanitary fittings, painting etc.,, whether it is capital in nature shall be capitalises the same

in hand book for retiring Central Govt. Employees : Gratuity calculation for Retirement gratuity is 5 Years qualifying years, 1/4th's emoluments for each completed six monthly period of qualifying service, subject to maximum 16 1/2 times the monthly emoluments. emoluments: Basic + DA Other way: The formula is: (15 * Your last drawn salary * the working tenure) / 30. which is applicable for Private employees ???

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Employee is claiming reimbursement for accomodation exps incurred for company project.

Invoice for accomodation is billed to employee name.

Can I book that exps in company accounts ? and disburse the claim of employee ?

Consultancy fees received from Suresh jewellery after giving discount of rs20000
How to record it in tally