Dear Sir,

I want to know that the accounting entries about the Pvt. Ltd companies. In the month of Oct-2011 purchase Suzuki Access for Rs. 57000/- & in December-2011 purchase Motor Car for Rs.9.50 lacs in the name of director. The both of Vehicles in the name of Director not on the name of Company. The payment of 57000/- & 9.50 Lacs (EMI) made from company's bank account. What is the accounting enteries in company accounts.

Kindly suggest the same.

Thanks & Regards

(Mr. Kadam)

Sir,

I have quiry on TDS on Contract.

One of the party has given 15000/- & 16000/- & 12000/- bills on different dates,

Shall i give the total amount at a time i.e Rs.43000/-

Shall I deduct the TDS on Rs. 43000/-

He will not cross the Rs.75000/- in a year

Greetings !! I am newly married and want to open HUF account. What is the deed format to be mentioned on the stamp paper?
Should it be notarised?

After creating the deed, can I apply for PAN card of HUF

Thanks
Abhay

Dear Experts,

Should TDS be deducted on interest paid on loan?? is there any threshold limit for this?? Suppose we are paying interest Quarterly then should TDS be deducted??

dear...............

what is deferred tax ( asset/liability)

pls explain me urgently

Dear Sir,

How to pass the entry for Credit Card Expenses by director of the company and payment of credit card made by company?

Thanks in advance....

i would like ot know what is fair treatment of Salary payable to an employee in the books of accounts
as we are provided in accounting standard 5
Salary A.c Dr
To salary payable
then
Salary payable a/c Dr.
To cash/ Bank

or 2nd is
Salary A/c Dr.
To XYZ

Then
XYZ A/c Dr.
To cash
please provide me the fair treatment @ my emmail.id
hgandhi9@gmail.com

i am paying consultancy fee for Q3 in the month of jan that consultancy company raised bill on 2nd jan for Q3 consultancy services and i have booked entry in tally as per invoice date so when i have to pay that deducted tds amt to bank in Q3 or Q4 pls urgent

If co incurred expenditure on Beds & pillow for the Staff person living in Co Provided Accommodation what will be the nature of expense ( The Exact accounting Term) for the same. Pls Help????

my question is at what point of time,company comes to know that there is a Permanent Diminution in value of long term investment,take for Eg investment in HDFC top 200 or investment in joint ventures or associates?I just want to know the signs of the same ,As methodology of calculation is already there in concerned accounting standard or IFRS..