prem choudhary
This Query has 2 replies

This Query has 2 replies

04 December 2016 at 11:42

Account cpt consignment

Dear all
Can anyone please tell me answer of the following questions_
X of Delhi send out goods costing Rs 100000 to y Kolkata. 3/5th of the goods were sold by consignee (y) for Rs 70000. Commission 2 % on sales plus 20% of gross sales less all commission exceeds cost price. So the amount of commission?


rohit kumar
This Query has 1 replies

This Query has 1 replies

.


PRAKRITI HARLALKA
This Query has 2 replies

This Query has 2 replies

Sir, kindly provide a solution for the following problem- H Ltd acquired 15000 shares of A Ltd on 31.05.2010, as on 01.4.2010 securities premium of A Ltd was 10,00,000. Profit for the year 2011 was 4500. My querry is- 1. Whether securities premium will be included in pre acq profit. 2. If i include such figure in pre acq profit, capital reserve is created of huge amount which ultimately reduces my investment value n makes it negative, but my net worth is positive so my investment should also be positive.



Anonymous
This Query has 1 replies

This Query has 1 replies

02 December 2016 at 13:47

Entry for service tax input

A Car dealer purchased a vehicle worth Rs.50000/- which is inclusive of Service charges Rs.1230/- and Service Tax Rs.185/- and he issued C Form for the whole amount Rs.501415/-

How to pass entry for this transaction to take service tax input?


Mohsin
This Query has 1 replies

This Query has 1 replies

01 December 2016 at 00:19

Material in transit and invoice recived

Hi
We buy some material from outside country.actually material arrived on the port and invoice recived. But due to some documentation query shipment not yet clear and invoice now due for payment.how we inter invoice in SAP without GRN and closing po.


chandan
This Query has 3 replies

This Query has 3 replies

30 November 2016 at 20:15

Insurance Premium Paid

Insurance premium of the managing director's Life insurance policy paid through business bank accounts.what journal entry will be passed


abhirath
This Query has 5 replies

This Query has 5 replies

30 November 2016 at 19:30

Income tax

Sir lets assume Sachin tendulkar recieved an income of 1 crore in the USA . Assume that he has paid the required taxes to the US govt and he finally remits the balance amount to Mumbai . Since he is a resident and ordinarily resident in india , will he be liable to pay IT on the balance that was transferred to mumbai ??



Anonymous
This Query has 2 replies

This Query has 2 replies

30 November 2016 at 13:25

Statement of income

Dear Sir/Madam

Please attach here format of statement of income to calculate computation of income

If have any free online software plz attach link here

Thanking you..............................


abhirath
This Query has 3 replies

This Query has 3 replies

29 November 2016 at 13:54

Income tax liability

Sir now Mr Mukesh ambani is the chairman and MD of Reliance industries ltd (RIL) . Now RIL as a company is liable to pay income tax @ 30 rate. My question is , is Mukesh ambani personally liable to pay income tax out of the profits derived by him from the company ?



Anonymous
This Query has 14 replies

This Query has 14 replies

28 November 2016 at 10:14

Due date for e-filling

Dear Sir/Madam

I have to IT returns for the assessment year 2015-16 & 2016-17 on 30-Nov-2016. Sir my question is which was the due date for IT returns for both financial year 2015-16 & 2016-17 plz let me know? I m avaiting for your reply .............

Thanking you






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