Dear Sir/Madam

can you please tell the accounting procedure for interim dividend and corporate dividend tax.
Will it be first charged to P&L Account.
and at the time of computation of tax can i add back to profit.

Regarding it i have been in confusion

pls clarify it...

Thanks in advance.

Suppose a company has won case in CIT appeals and ITAT and department has gone in appeal in High Court.
Is there a need to show the amount in contingent liability?

Sir,

Pls expalin me how we calculate the value of breakage & expiry goods is it LIFO or FIFO.

Sir,

could you please explain to me LIFO & FIFO methods of stock valuation with examples

Sir,

could you please explain to me LIFO & FIFO methods of stock valuation with examples

What is meant by parking account? What role does it have in bank accounting?

Sir,

We have salvaged a mobile purchased in 2006-07. Purchase cost was Rs. 5449/- & salvage value is Rs. 500/-

How to treat the depreciation / loss / salvage value in both IT Act & Co's Act.

This is urgent.

Thanks

Subhash

Dear Experts,

I m activated feature in Tally INTEGRATE ACCOUNT WITH INVENTORY.

I want to change value of closing stock.

How can i do this. please advice

Dear Sir/ Madam
I want explain my query by following illustration
I purchase cement form A amounting Rs. 100000, and paid Rs. 2000 for freight to transporter B and also paid Rs. 500. For loading unloading to labour. Total cost of cement is come to Rs. 102500 but when I make entry in tally of above transaction in this manner (i) I use purchase voucher for entry of first Transaction Crediting Vender and Debiting Purchase A/C by Rs. 100000/- and (ii) used payment voucher for entry of freight , loading and loading . But my problem is the cost of Cement hit in the inventory is Rs. 100000/- only instead of Rs. 102500. I want to know, is there any other way to make this entry to stay away from this problem.

Thanks and regard

During the year a company has become subsidiary from JV. As on March it is subsidiary
How should the transactions be recognised as per related party.
Whether it should be shown partly in JV and partly in subsidiary or fully in subsidiary.