Dear Sir/Madam,

I would like to request your kind attention towards our below mentioned query regarding C-Forms and feed us with your Valuable Opinion.

We had sold goods under Financial Year 2007-08, 2008-09, 2009-10 to various Clients across various states of India. Some of Clients have not given us C-Forms for said period in spite of our continuous reminders(Verbally) whereas Payment have been received through Bank and similarly Invoicing, dispatched via Transporter.

Do you please suggest us any Legal Procedure for getting C-Forms as Total Value against which C-Forms are pending are more than 40 Lakh.
Your kind and affirmative reply is highly expected and oblige.

With Regards,
Sanjiv Dhiman.

Dear sir/Mam I want to know what will be accounting entry of reimbursement of Expenses. for example i expenses 5000 rs on behalf of client and after some time i received 3000 rs as a reimbursement of above expense.

Sir,

My company made a Fixed Deposit on third party from the company current account of Rs. 25000/-, please kindly guide me what type of entry are to pass in tally and in which head.

Thanks in advance.

A Contract is follows.

Progress invoice will be raised on monthly basis as per achived/work completed bill of quantity.

Payment terms -
1) 70% against monthly progress invoice
2) 10% After completetion of Project.(retention)
3) 10% After one year of completion of Project (rentetion)
4) 10% After Two year of completion of project.(Retention)

How to Book (journal entry) the monthly progress invoice in books of main contractor as well as sub contractor

Amount to be shown in monthly profit & loss Account and balnce sheet

hii . i wud like to know how to calculate income of the assessee in the following case . the assessee is a contractor whose contract receipts for the year do not exceed 60 lakhs .should revenue be calculated by applying Accounting Standard 7 or can he declare income as per Sec 44 AD of the Income Tax Act ?

I am running a firm. I want to maintain expenses vouchers of my firm. please tell me which expenses are compulsory for expenses vouchers and which expenses are not compulsary.

Also tell me in salary voucher the name of the person whom we pay the salary is compulsory or not.

Also please tell that some expenses like computer maintenance expenses and furniture repair etc. what documents we attach with the expenses vouchers.

Also please tell that voucher numbers are necessary or not in expenses vouchers or not?

Please tell treatment of Fixed deposit in books of accounts in case of proprietorship firm. Would it deducted from capital account or it will be shown on asset side. please tell all journal entries to be passed

Dear sir
Can u please tell me about the treatments of exchange differences as under AS-11, and if one method is applied can it be switched to another method. Thanks in advance.

In case of Insurance on stock, and the closing stock contains abnormal goods which is exepected to realize less than its cost, then whether such stock should be valued at its cost or reduce its value as expected realization value?(which is less than cost) as per conservatism concept.or stock is always valued at cost only.

in amalgamation, if some assets and liabilities are not taken over and nothing is mentioned about not taken over assets and liabilities, then what should be done?
whether they should be realised at book value or should be considered to realize nothin?