Accounts QnA [Resolved]

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Megha.B

This Query has 4 replies

08 April 2025 at 18:04

AS-16 Treatment of Borrowing cost for land and building

My client has obtained a specific term loan for acquisition of land and subsequent construction of building on it. Land being a non-qualifying asset, should i charge interest on loan related to land to P&L and capitalize the interest related to building as part of cost of Building? Please guide. If not what is the appropriate accounting treatment as per AS-16.

Daya

This Query has 2 replies

08 April 2025 at 16:46

Why TDS receivable entry made at the date of bank Received.

why TDS Receivable entry made at the date of bank Received amount.

Daya

This Query has 2 replies

31 March 2025 at 11:34

Whether entry to be made through F5 Payment Mode in tally

whether Entry to be made through f5 Payment mode in tally,
if transfer from one bank to another bank in same entity if amount transferred amount , bank charges , and TCS amount also applicable and
also on cash withdrawn from bank and TDS amount also applicable.

Vini Agrawal

This Query has 1 replies

27 March 2025 at 16:14

Regarding Hotel Bill of combined services

Dear All,

Am a hotelier and am facing trouble in giving an invoice to my customer who ask to give Bill to company mode for availing below services from us
Room Rent with Meals - this is normal procedure and we have been billing seamlessly if its just this element
Taxi Charges/Laundry Charges/ - How to give one single invoice to my corporate clients which includes all of the above services.

Please note we dont get GST Bill for Taxi & Laundry

Request to kindly help me with this and also advise how we will account for the above expenses

Thanks

Vini Agrawal
9425324747