Sahil Ashok Bhasin

THERE ARE TWO BOOKS IN MARKET WRITTEN BY A N SRIDHAR OF SNOW WHITE PUBLICATION a)PROBLEMS AND SOLUTIONS ON FINANCIAL MANAGEMENT b)STRATEGIC FINANCIAL MANAGEMENT FOR CA FINAL. WHICH BOOK IS THE BEST ?



Anonymous
02 March 2013 at 14:51

Accounting method

Which Accounting method should be followed by a chartered accountant?



Anonymous
02 March 2013 at 12:32

Want your help for tally

Can Any one provide me best book for learn tally. because i don't have time to go classes for specially tally. If any one have PDF or word file of tally learning book then please send me on

harshadcjain@gmail.com


Thanks in advance...



Anonymous
02 March 2013 at 03:30

Projected balance sheet for cc limit

Hi,

I need a support regarding preparation of projected balance sheet, point to consider and format if any...



Anonymous
01 March 2013 at 18:51

Lbt on computer parts

Dear Sir, I reside in Kalyan near Mumbai. I have a computer assembling business in Kalyan and also do reselling of branded systems. I have clients which are spread around Thane dist. and Mumbai. I mostly purchase computer parts and systems from Mumbai. So, if I sell these components to a person/organization outside of my Municipal Corporation limit, say, Ulhasnagar, where do I need to pay my LBT? Also what is the % of LBT?

Thanks.


caankitgupta25@gmail.com

There is an investment in LIC of Rs. 50 lacs in the balance sheet of a superannuation trust. Now on maturity, this trust has received Rs. 80 lacs. What will be the accounting treatment i.e. journal entry.

At the time of investment, the entry made was:

LIC (Inv.) Dr. 50.00
To Bank 50.00

In my opinion : At the time of receipt of maturity amount, the entry may be:

Bank Dr. 80.00
To LIC (Inv.) 50.00
To ???????? 30.00

This ?????? is what i would like to know.


naresh kumar
01 March 2013 at 15:17

Prepaid insurance

Dear expert
our firm has sold esteem car in current year and the prepaid insurance of last year for the same can be transferred in p&l account if no,

please tell me the treatment of the same.

prepaid insurance upto 28.07.2012

and car was sold on 30.06.2012


MANJUNATHA M.R
01 March 2013 at 13:16

Accounting treatment !

Dear Experts Please clarify the following transactions.I Processed Printing & Job work in Dubai and dumped in dubai only. I don't have IEC code Party making the payment in India. In this case in what head we account the same. Please give me correct head of account. Is there any indian taxes applicable Thanks in Advance



Anonymous

Dear All,
A private ltd. co. has been scrutinized by AO
for the year 10-11 and disallowed advertisement exp Rs. 5 lacs due to not making the provision of TDS. and now in march 13 the tax on such disallowed expense has been paid this year.
now , how to make the accounting entries in this year? please give the full accounting entries.
whether that expenditure will be considered as prior period items?



Anonymous
01 March 2013 at 10:18

Employer insurance contribution

Dear Sir,

1. Our company is contributed LIC Premium Rs.15,000/- to an employee and Debited 75% of Rs. 11,250/- to his Salary Account & Debited Rs. 3,750/0 to his Advance Account & recovered from monthly salary.

Please advise that whether he can avail Rs. 15,000/- under 80C in his tax filing. LIC Policy is in Employee name.

2. Our Company is contributed Rs. 9000/- to an employee for Medical Insurance and Accounted in Employee Insurance (Expense) Account.

Please advise that whether he can avail Rs. 9,000/- under 80C in his tax in his tax filing. Oriental Policy is in Employee name.






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