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Shreya Sundarrajan
This Query has 1 replies

This Query has 1 replies

28 February 2018 at 13:30

Pre and post incorporation

Why is it that Bad debts recovered,interest on investments and Loss on sale of investments are recorded in the pre incorporation period?


sundeep
This Query has 1 replies

This Query has 1 replies

26 February 2018 at 15:47

Unaccounted cash purchased

During AY 16-17 purchased worth of 450000 were not accounted as accountant misplaced the waybills , we filed the returns for AY 16-17 and 17-18, Now During the renovation those unaccounted waybills were found? Now what should we do ? revised returns ? or can we just add to the present closing stock and show it under a separate head in trading account ? we are in wood business so difficult to find that in that AY
thanks
Sundeep


Jay Kachaliya
This Query has 1 replies

This Query has 1 replies

26 February 2018 at 12:10

About fixed assets

In GST we can surplus tax of fixed assets. How to entry in tally erp 9 ? - in journal or purchase I already enter purchase tally , no show in b/s fixed assets if in journal , no consider tax in 3B.


Afaque Ali
This Query has 2 replies

This Query has 2 replies

Sir My co. Got a new govt. Contract & made a performance Bank guarantee of 488000₹+ (bank charges extra) against a FD amount 500000 ₹. I wanted to know how to make all entries in tally accounting & under which accounting head I create accounts.


PARAMESHWAR
This Query has 2 replies

This Query has 2 replies

Sir,
In a construction company if 2 or three project works is going on,which ACCOUNTING PROCEDURE is suitable?
I think If I do cost center vise...its OK...But my friend ,he is also accountant saying that site vise passing the entries is good.If I follow that system I think we should pass double entries in head office books as well as in site books for every transaction.
if we choose cost center vise system we can easily book all entries in HO books by maintaining cost center vise.
I hope any experts will suggest in this above subject little broadly.
Thanks


ANIMESH PANDEY
This Query has 1 replies

This Query has 1 replies

20 February 2018 at 11:52

Classification

Dear Sir,
I have some confusion in classification of few items :-
1) Quick heal antivirus purchased for 3 years , whether to classified as "software under Asset" or "Printing & Stationery under expense".
2) Hard disk purchased for computer to be classified as "computer under Asset " or "Priting & stationery under expense"

Pls guide


Varaprasad Geddada
This Query has 1 replies

This Query has 1 replies

Dear Sir/ Madam,
How to account for "carry bags given free with items sold". What is the account treatment?.

How to record transaction of Purchased carry bags (GST invoice)?. In the invoice carry bags are shown items wise(pieces).


MANOJ
This Query has 2 replies

This Query has 2 replies

17 February 2018 at 13:29

Tds on patent related services

Hi,

I have query about deducting TDS on Patent Related Services.

We have received one Bill from our Consultant (Patent Related Services) for Annuity Fee payable to IPO (Rs. 4800) + Their Professional Fee (Rs. 6050) = Total Rs. 10850/-

So my query is, Whether I should deduct TDS on full amount of 10850/- or only on professional fees of Rs. 6050/-?

Thanks in Advance.

Manoj


ankita
This Query has 1 replies

This Query has 1 replies

16 February 2018 at 22:04

Final revalidation

How long it is take to get a revalidation done for CA final as my registration is 5 years old and I need to fill up my examination form for May 2018 I have already send the revalidation form with dd and it has not been processed


Nishikant
This Query has 4 replies

This Query has 4 replies

16 February 2018 at 21:22

Gst number

A Proprietor already run a business in village and they want to open another new firm in city with New Name of firm with the same Proprietor then Is it required to take different GST Number for 2 business.






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