is tds is be deducted on labor contractor

can any 1 tell me the date or year in hich Accounting Standard - 3 was revised
i m confused whether the saem was revised in 1997 or 2003

Suppose i have purchased goods and the supplier has given it to transporter on last day of the month (say 30.06) (inv. date is also the last day of the month) but the material is received in the next..

transporter's LR is also of the last date of the month. (30.06)

NOw for the purpose of complying with the statutory matter i.e. Service tax on GTA and TDS on the transport bill which date shall be considered.. (as both shall be deposited with the govt. by 5th July and 7th July)

WE are booking purchase etc. on GRN basis then in such case my transaction will be booked in books of a/c. on 1st July.

So in above case whehter i have to pay TDS & service tax by 5th & 7th July ? or i can take the GRN date and pay it by 5th& 7th Aug.

Rohit

how URD purchases are taken into considration for tax calculation.

second.
what is entry for salary including PF, ESI Employees and Employers contrubution.

salary is 500000.

Employees Contrubution:
PF 60000
ESI 8750

Employer contrubution:
63250
23750.

Dear All,

I am working as Executive Finance -Sr in a MNC. My company works Monday through Friday as per US timings(i.e. 7PM to 4AM). So I get lot of time in the after noon and weekends. I am planing to work as Part Time Accountnat(Day to Day Accounts, Payroll,etc..) . If anybody knows about Vacancy please letme know to my below Mail ID: knkishore404@gmail.com

Thanks,

Nandakishore

What is ment by margin money in project finance? could you explain me with example?

Dear Experts,
we have been paid car premium amount for our site which is under work in progress.
we have paid 700000/- premium amount for first four months.
Entry in books of account for Premium which we have done
ICICI-CAR A/c Dr. 700000/-
To Bank A/c 700000/-
Now we have to recover from contractor on pro-data basis for recovery of premium amount from contractor i have two option one is Debit to Contractor and give credited to ICICI-CAR A/c and second option is transferred to entire amount of premium into Car Preimum a/c(which would be a New Ledger under C.Assets) bcoz we have to recover from party.then do this entry after transferred of entire amount into new ledger.

Contractor A/c Dr
To Car Premium A/c

at the end of year we can easily find out how much money we have to recover or how much premium money we have been recover from contractor.

please guide me what i should do if u have any idea better then this plz reply me.

Thanks
Regards
Ravinder

will deffered tax liability can show in the cashflow? if yes what are those cases?

IF I WANT TO BUY A COMPANY HOW SHOULD I JUDGE WHEATHER THE COMPANY IS GOOD OR BAD ?
WHICH RATIOS SHOULD I CHECK TO MEASURE THE COMPANIES PERFORMANCE?

What is the Difference between Amalgamated balancesheet and Consolidated Financial Statement? and AS- 14 & AS- 21 ?