Hi All

I am working as an accountant in a mobile import and trading co. we are deducting PF @ 12 % on basic pay can any body tell me the component of salary on pf attract like on spl. allowance etc

Plz tell me head on pf is mandatory to deduct coz as per my knowledge pf is deduct on basic +da

what is capital asset in accounts.is it term given by income tax

Dear all,

We understood as of now it is ready to be placed before the Parliament for needful amendment, keeping that view, what will be the stand to the Corporate while doing the actuarial valuation, would it be worth to recompute the valuation based on the enhanced limit. I have been informed that some Corporates are doing the valuation based on the reevised limit. I need the members to have a view on it.

Please tell me what are the Accounts, which last year closing balance is necessary to carry forward as on opening balance, while finalization of Balance sheet of current year

plz solve this problem with clear steps:
"A"of Mumbai sold goods to "B" of delhi,the goods are to be sold at 125% of cost which is invoice price.commission 10% on sales at IP and 24% of any surplus realised above IP.10% of goods sent out on consignment,invoice value of which is Rs.12,500 were destroyed.75% of the total consignment is sold by B at 1,00,000.What will be the amount of commission payable to B?

I m working in tally9. My query is how can i entered bill of material voucher entry and how to do entry when i issue goods like fabric to febricator.

what is the Due date for payment of Professional Tax on Salary in Maharshtra ?

Dear All,


Please guide me If we purchase the vehicles through our co for Employees, what are the benifits to the company

Regards
Mrityunjay

dear sirs.
Please tell the entry for the following details in compliance with applicable (ASs and laws)


Ex showroom price of Car 13,00,000
Life tax 1,65,000
Insurance charges 30,000
Processing fee and stamp duty for obtaining car loan from bank (3250+6750) 10000
Accessories 15000
Other handling charges 1000

Query is whether all expenses mentioned above be capitalised or not.
advice

If the TDS deducted in may - 10 for the period of april - 10, which date is last to deposit the TDS & also TDS return date?