if company have debited share issue expenses to share premium account and claimed deduction u/s 35D,on balance unclaimed i.e 80% which will be claimed in next subsequent years can DTA to be created on it

friends help me in two cases -


1. fixed asset supposed to be capitalised in april 2009. but same was overlooked and capitalised in april 2010. now dep for 09-10 should be shown as prior period expense?? i believe yes.

2. advance to suppliers in capital nature i.e for purchase of fixed assets - shown be shown under CWIP i beleive. let me know, urgent.

how to do entry of service tax

i am working in a ca firm and we are making bill of professional fees on excel

i want to know that how to make entries of professional fees bill along with service tax , educational cess in Tally package

we can not make it a purchase entries as it is a services bill

so which entry for service bill of C.A

HOW TO MAKE ENTRIES
PLZ HELP ME OUT

IN DETAIL PLZ

BEST REGARDS
IRFAN

DEAR SIR
WE PAID TO OUR WORKER RS1000/AS ADVANCE
15/11/10 AND BY MISTAKE WE DEDUCTED FROM DEC-10 SALARY RS.1500/- NOW THE EXCESS DEDUCTION IS RS.500/-
AS ON 31/12/10 WHAT ARE THE ENTRY I HAVE TO PASS
AS ON 01/01/11 WHAT ARE THE ENTRY I HAVE TO PASS.
PLEASE HELP ME.

Debentures in books of holdin co.
(75000 of100 each ). - 75 lakhs

Subsidiary holds 45000 debentures standing in its books at 42 lakhs

How to consolidate and what will be effect of the same while analysing for capital and revenue?will3 lakh be considered as profit and added to revenue side of p&l a/c while analysing the capital and revenue chart if yes then why ?
Plz explain by journal entries in both the books

Dear Friends / Experts,

I have doubts on the following :


Query 1

When I receive advance (on 22.01.11) Rs. 10000/- from client, I make entry in the following manner :


Date of entry : 22.01.11

Bank A/c Dr. 10000
To Client A/c Cr. 10000
Reference : Advance 01)

Query 2

When I raise Bill No.11 (on 24.01.11 for the said Client) for Rs. 10000/-, entry may be in the following manner :

Date of entry : 24.01.11

Client A/c Dr. 10000
(Reference : Advance 01)
To Professional Fees A/c Cr. 10000

Query 2 Contd.

How do I proceed for giving the details under 'Bill-wise details for : Client'


Bill-wise details for : Client

Type of ref :
Advance / Agst Ref / New Ref / On Account


Name
Due date
Service Tax Ledger
Amount

If I select Agnst Ref 01 and enter the amount 10000, the details will be as follows :

Agst Ref 01 Amount 10000 Cr
New Ref 11 Amount 10000 Dr

New Ref 11 Amount 10000 Dr

Total Amount 10000 Dr

I am unable to understand this.

Please explain, if possible.

Thanks.
DK.

Dear Friends / Experts,

Please express your views on the following :

Query 1

If a client has paid some amount on 21.01.11 by way of cheque towards professional fees and for which, the billing is yet not raised.

How do we make bank receipt entry in Tally ?

Ans : ...................

Query 2

After the bill is raised say on 22.01.11, the party has settled the bill by way of cheque.

How do we make bank receipt entry in Tally ?

How do we link both the payments i.e. payment received before the bill is raised and payment received after the bill is raised.

I shall wait for your views.

Thanks.
DK

What is Gross Investment in Lease as per AS-19 ?
Is it (Minimum Lease Payment + Guaranteed Residual Value + Unguaranteed Residual Value)?
Please answer for both:
From lessor's point of view &
Lessee's point of view

i have purchased two items :

Steel Bar -> 1000KG @ 50 = 50000.00
Alu Bar -> 1000KG @ 192 = 192000.00

After consumption at the year end the actual stock of invenotry is as follows:

Consump. Sys.Stock Phy. Stock
Steel Bar 800 200 150
Alu Bar 720 280 320

Please guide me
1. what will be my inventory value ? &
2. What will be my consumption value ?

Thanks in advance,

Alpesh Patel
99747 64303

Dear Friends / Experts,

Please see my basic query :

In Tally Version 9, when I make entries for bank receipts, I am unable to see the ‘Bill-wise details’ for many parties.

(For a few only, I am able to see the details under the List of pending bills).


For many parties, the ‘List of Pending Bills’ details is not appearing.


I am unable to understand this problem.

Please help me to resolve the issue.

I shall wait for your views.

Thanks.
DK.