chandan
12 December 2016 at 10:24

Advance Tax

Hi experts, I want to ask.our company did not pay any advance tax in previous year.But self assessment tax was paid for Rs. 45000.How to calculate the advance tax for this quarter?

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abhirath
11 December 2016 at 10:36

Articleship

Sir i have written the IPCC exam of nov 2016. I am awaiting for the results and this is my 1st attempt . I wanted to know whether i can start my articleship from now only without passing group 1 ? Suppose if i start the articleship , will that be counted ?

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saurav agrawal
08 December 2016 at 11:25

prelimenary expenses

what is treatment of prelimenary expenses according to scedule 3 and new AS.... if in trial balance if prelimenary exp is 5000 and in other information 1000 rs is given as writeofff. then what we should do

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chandan
06 December 2016 at 11:23

payments through credit card

what will be the journal entry for payment through credit cards and under what head credit card account will come.

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Animesh Garg
05 December 2016 at 21:19

what is non corporate entity?

what is non corporate entity?

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chandan

Director has incurred expenses like petrol & diesol on his on name and also incurred some other expenses on his own name.should we pass the journal entry like we do in business expenses. eg expenses a/c Dr. To cash/bank or should I debit his capital account?? kindly clarify.

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naveen kumar
01 December 2016 at 21:47

accounting term

plz tell me difference between invoice & voucher

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chandan
30 November 2016 at 20:39

Closure of bank account

suppose Owner of the company paid RS. 13 lac in cash from his pocket against the credit balance of the bank account and close the account.what entry will be passed for rs. 13 lac

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chandan
30 November 2016 at 13:36

Expenses by manager

Manager was given Rs. 20000/- in cash by our company.He incurred expenses Rs. 21500.Rs. 1500 will be reimbursed to the manager the breakup for 21500/- is as follows. Draw expenses = Rs. 18000/- Fuel expenses =. Rs. 2500 Food =. Rs. 1000 He lost the bill for Rs. 1000 which was incurred for food.Rs. 1500 is to be reimbursed to him How to make journal entries for these transactions.Kindly help

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abhirath
29 November 2016 at 14:02

Taxing of gifts

Sir lets assume Mr X has 2 acres of land . He sold the land for 2 crores . He also pays long term capital gains tax @20 on 2 crs and remits the balance amount to his son's a/c as a gift . My question is , is the son liable to pay income tax personally or not ?

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