Hi everyone...

can anybody pls guide me as to how to issue C-Forms f.year 2011 i am not shown at vat return now party called for C forms can i shown this current month vat return or any other procedure.

Kindly help me in this matter at your earliest.

Whether mandatory cash flow for company

Hi friends,
i am not able to treat in accounts the membership fees received by the club. it has various slab rates, customers become member by subscribing the membership and pay the fees accordingly.so how should i treat it in accounts. for e.g the memebership cost is Rs. 300000 and the term is 3 years , now the member pays in three annual installment, and uses the services accordingly. now how i should book the expense and recognize the revenue in my books

I have a Query about recording of Purchase Bills in below mentioned situation.

X and Y are two sister concerns and has trading business. Y has purchased some of the goods in behalf of X for which X has passed journal entries in its books of accounts as purchase and has paid the amount by cheque. However the purchase bills are in the name of Y.

So how to treat these transactions in the books of both the firms?

RAWMATERIAL PURCHASE PRICE 8892.00 + VAT AMT @ 5% 445.00 DT. 06.08.13
CREDIT NOTE RECEIVED FROM PARTY RS. 750/- FROM THE SAID PARTY FOR RATE DIFFERENCE
MY QUESTION IS IN SALES TAX RETURN PURCHASE PRICE WHICH AMT TO SHOW ? IS IT 8892.00 OR AFTER DEDUCTING 750/- FROM 8892.00 = RS. 8142.00
ALSO INPUT VAT TO BE TAKEN RS. 445/- ? OR 8142X5% = 407.00 ?

PLEASE GUIDE

a manufacturing company has purchased cutters for its machine.cutters use to be attached in machine to cut the iron they are around of Rs. 1 lac each (8 or 9 nos).but the useful life of cutters are not ascertainable it can be one day or can be 10 years.so what should be accounting treatment for Purchase of cutters it should be capitalize or not.

my company has a hotel in which an event was organized i got a bill which is waiter charges amounting 2550 i want to know in which head of exp it will journalise mean under which head of exp it will shown

in reversal of impairment loss why we first allocate to Identifiable asset and balance if any will be allocated to goodwill?
And when we record impairment loss than it is first charged to goodwill and then identifiable asset?? give me answer with logic and reason i want to understand.

whether institute / mca authority keep record of number of statutory audit done by a practising chartered accountant ? please give full detail answer

Bank Overdraft will be classified under which head in Revised Schedule VI?? Current Liability or Short Term Borrowing?