In order to reduce profit in manufacturing concern can we reduce stock or increase expenses or any other alternative
after all it has implication on tax

Please suggest

Memorandum and articles, are they necessary for every company? Explain

Dear All,

Please let me know i have one query that if a employee is on leave then the deduction will be levied on Basic Salary, HRA,Conveyance and Other allowances OR Only on Basic Salary ???? Please tell me considering all aspects of ESI, EPF & Income Tax etc. as it is very urgent and essential point.

Dear Sir,
We have received a demand notice from TDS department for late filling the TDS return of Q1 for FY.2012-13.
My query is what is the procedure to pay the demand amount
Kindly solve my query as it is very urgent.

Thank you.

dear sir,
i have a company which has 4 branches.if an inter branch transfer is made for sale and purchase of goods then while making a meger of all the branches for balance sheet purpose, do we need to deduct the amount of purchase and sale of inter branch goods from total purchase and sale.
If yes, then does it not affect our closing stock and opening stock of next year.

What should be the accounting treatment for Late Delivery Charges recovered from Supplier of Capital Asset? Should it be deducted from the cost of Asset or Credited to P&L A/c.

Hello everyone

I have a doubt regarding applicability of AS-3 issued by NACAS on a Pvt. CO. AS per applicability rule a company shall have turnover exceeding RS 50 crore or Borrowings of Rs 10crore at any any time during the previous accounting year.


DOES the previous accounting year implied as previous financial year just before the reporting financial Year.

Please Clarify me the same and Correct me if I am wrong at applicability rule.

DEAR SIR , HOW MUCH CASH DEPOSIT IN A CURRENT ACCOUNT IN A SIGLE DAY & ONE YEAR MAXIMUM LIMIT

Can anybody provide list of question related to Finance & Accounts for written test ?

what is deffered tax liability and what is a treatment