What is meant by BAB updation?

one of my client is having export business, where he had exported Rs. 18 Lacs value goods in the month of
Feb 08 and the customer rejected half of the goods but stock was lying at them, and the my client supplied new goods in Nov 08 against same consignment . he had received Rs. 15 Lacs in Feb 08 . can he book his full sale in P.Y. 2008-2009 or half in earlier year and half in next year. please suggest

one of my client is having export business, where he had exported Rs. 18 Lacs value goods in the month of
Feb 08 and the customer rejected half of the goods but stock was lying at them, and the my client supplied new goods in Nov 08 against same consignment . he had received Rs. 15 Lacs in Feb 08 . can he book his full sale in P.Y. 2008-2009 or half in earlier year and half in next year. please suggest

Dear Sir/Mam,
I have following queries regarding Core Capital Asset:

1. What is Core Capital Asset as firstly pointed out by Tondon's Committee for Financing of Working capital?

2. What is the difference between Permanent Working Capital and Core Capital Asset?

3. How to calculate Core capital Asset when Maximum Permissible Bank Finance is also not available?

Dear experts,

As per the companies act. shedule XIV notes in the schedule, if the cost of any individual assets purchased does not exceed 5000/- then that assets shall be depreciated at the rate of 100%.
Now my question is that whether these assets shall be depreciated at the rate of 100 % i.e assets used for less than 365 days shall be depreciated at the rate of 100% for the no of days for whcih the assets has been used or the assets shall be dpreciated fully in the year in which it has been purchased irrespective of the no. of days of use.

Kindly answer.

Dear Sir,

How to maintain Stock transfer voucher in tally using accounts only?

Dear Experts
I am not aware of systems of TDS on salary, Please explain obiously. I shall be grateful for your cooperation.
Thanking you.

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.