This Query has 2 replies
Dear Sir,
Please let me know what do you mean by upfront interest in terms of Export. The client has taken PC facility against the Export orders.
The banker charges this on receipt of the proceeds.
Secondly, another question is relating to the liquor business.
One person is having a license another is using that license for fixed fees for that license.
Now the other person has taken the license and is doing that business. how does the transactions be accounted under both ends as the bills are named under the person who is having the license originally.
Please mail me to maheshkulkarni29@gmail.com.
I thank in advance for this help.
Thanks,
Mahesh
This Query has 8 replies
A company billed a customer with higher amount.Income a/c as well as Debtor(Customer)A/c were posted with higher amount.2 years later the company realises the mistake.What should be the accounting treatment now?
This Query has 3 replies
Sir, In last FY we had paid the excess FBT pls tell the treatment for that in books. Whether that amount should be posted at Expenses account.
This Query has 2 replies
Hi all
anyone can tell me how is the accounting treatment for investing money in chitfund? & also what will be the tax treatment for the same if income arised from this? And in which head of the income it is considered under the i-tax act 1961?
This Query has 2 replies
i just want to know that when we are deducting TDS (Exp. adertisement exp Rs 1000 and Service tax 123) we will deduct TDS on only Advertisement Exp or advetisemnt+service Tax
This Query has 5 replies
please let me know how to scruity ledgers which account shows dr balance and which account cr balance
This Query has 5 replies
Cash is Short in the books and expenditure is there up to 4 lacs which was done from the personal account of director what r the sources keeping in view income tax act. unsecured loan etc. i can bring cash in the books
This Query has 3 replies
I want to know all about differred tax,
from a to z and how it is calculated, and entries to be made in books
This Query has 3 replies
WHAT IS THE TREATMENT OF PRELIMINARY EXP. IN AN ELECTRICITY COMPANY AND HOW IT DIFFERES WITH BANKING COMPANY.?
This Query has 1 replies
Plz Tell Me IAS 40 (Investment Property)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
Upfront interest