I WANT TO KNOW, WHAT IS THE OROCESURE OF COSTING AND M I S REPORT

Can long-term investments be revalued?

Dear Sir/Madam

I am entering In Tally 9
Of TDS and pyment made to agency like this

Salary paid to kenocis ltd agency Rs 50000 TDS Deducted Rs 1030

first Journl Vocher entery
Contract Salary A/c Dr 50000
To Kenocis Ltd 48970
To TDS Payable 1030

and Second Vocher Payment
Kenocis Ltd A/c Dr 48970
To Canara Bank 48970

nd when tds remited to bank payment vocher

TDS Payable A/c Dr 1030
To Cnara Bank a/c 1030

Plz Check Weather this enter is correct or suggest me

Dear Friends,

I need to write off one sale bill of previous year.

is it possible to pass a credit note for this?
because the accounts of previous year has already closed or it should be Bad debt.

SIR,


CAN U PLZ REPLY ABOUT STARTING OF TWO FIRM AT ONE ADDRESS.

IF WE HAVE RENT DEED OR LEASE DEED.


IF WE HAVE RENT DEED THEN IN WHICH CONDITION WE CAN START TWO FIRM'S BUSINEES AT ONE ADDRESS.
ACN WE HAVE TO PASS THE RENT PAID ENTRY IN P&L A/C.


IF WE HAVE LEASE DEED THEN........SAME ABOVE

PLZ REPLY..........................\

dear sir

a firm have Vat number of Trading concern.
but he know manufacturing products and scarp sale of iron.


if trader make scrap sale of iron then tcs is to deudted or not under income tax act because seller is Trdaer.

plz reply.
.......................\

What is meant by "Bottom-up" & "Top-Down" approach as per AS 28.

What is the accounting treatment for IPO expenses?

Company has incurred preliminary exp & also have the balance in securities premium a/c.
If preliminary exp are written off from balance in Securities Premium A/c, then what would be the scenario from Income Tax point of view, as preliminary exp are not debited to P&L A/c. Are they still allowed to be written off as 1/5 in income tax act. (In my opinion, it should be... please clarify, what experts think of ?)

Again what would be the scenario from AS 22 point of view as this will be treated as permanent of temporary difference. (In my opinion, it should be permanent diff & no deffered tax should be recognized... please clarify, what experts think of ?)

Respected all,

The bill of maintenance expenses shows Rs. 10000 as gross amount, Rs. 1000 as Service tax, Rs.1200 as VAT. Total- Rs.12200 for the period Dec,09 to Dec,10.

The company doesnot take Cenvat Credit OR VAT input credit.

So, prepaid expenses will be calculated on Rs. 10,000 or Rs. 12200 for the period April,10 to Dec,10.

Regards,
Jyoti