dear all the experts solve it
as per sec40a(3) any payment exceeding 20000rs is not allowable.
but sir have paid 30000 salary in cash p.m to my employee so can i paid 30000 by two installment of cash payment says 15000.p.m

if a minor child receiving fixed deposit income which is to be clubbed with her father's income,then how we will pass the journal entry in the books of her father ??

I recently saw a problem in Tulsian's book. Where the debentures can be redeemed in cash or equity shares of Rs 10. Total 9% debentures = Rs 250000 The result is given as: Debentureholders ac 257500 Dr. To cash ac Rs 107500 To Equity share capital Rs 30000 To securities premium Rs 120000 My question is, how can it be redeemed against securities premium ac?

We have purchased a Fixed Asset on FY 2013-14 for Rs.22000/- ( Laptop ).

In that year it is used for 233 days and depreciation is charged @ 40% for Rs.5618/-.

Now the opening Balance as on 01.04.2014 is Rs. 16382/-

So now as per companies act 2013 what is the correct amount of depreciation to be charges for financial year 2014-15.

What is Deferred Tax ?

Please help...

Dear Sirs, pls explain what is bank guarantee and its purpose.Thanks in advance...!

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query on Tally Ledger Creation for ST @ 14%.


Can someone please explain me steps to create Ledger for ST @ 14% (Auto Calculation, while creating Bills in Tally Version 9?)?

Note in Service Tax Details Screen: Service Tax @ 14% should appear automatic and Cess, SHEC should not appear or it may have 0%.


Your reply, please..............


Thanks in advance for possible replies from all concerned.

Dear Sir,

We are running private school.Please guide me what will be the correct break up of salary of below mention amount. The break up should be according to income tax norms.

For Salary Earner:- Rs 75000
RS 38000
Rs 20000
Rs 18000
Rs 15000
Rs 12000
Rs 10000

Awaiting for the reply.

Regards
Mohit
7895672525

Dear Sir,

I need filled or sample of Canara bank Stock Statement NF-902 for Retail Industry. I'll be grateful if you send me the same to My Email address: ramkannak@gmail.com.

I am eagerly awaiting for your reply.

Thanks & Rgds,

RAM KANNA k
ACCOUNTANT

Respected Sir

Can i issue credit note of Freight .