Sir i have taken education loan in the year 2008. Till now i have not paid a single installment because of financial problem and i have no work also. As per RBI guidelines no payment of installment 90 days account declare NPA. but they declare npa after 2 years. So that i was 2 lakhs more interest. Can i take any action againt them ??? So sir can you clear my doubt kindly is there any charge on account after NPA ?? they are telling after my account declare npa will have no interest but at the time of payment we have to pay prinicipal plus interest amount till that date. Is it true ??? Kindly i am waiting your reply...
With Regards

K bijay kumar

Thanks

Thankyou sir for your valuable reply ,still i want to add one thing is that there are many institutes providing the same but as i want to follow this course online ,i contacted some of institute namely MERASKILL,ISB ,NAUKRI .COM,ALDINE .
SO i need a advice where to follow that cud fulfill with effective cost

Dear sir,
I a ca final student want to pursue IFRS course but m in dilemma whether i should opt for certification or diploma by ACCA and if i opt any one of category then for having classes at online home study from where should applied for this course effectively and efficiently
Please intimate me as soo as possible

Thankingyou

According to act we can not receive/pay cash more than of Rs. 20000/- in a day. But if any one does cash sale of Rs. more than 2 Lakhs then TDS will be deduct of a person who is buying goods. So how can is it possible?

Please provide me the information regarding entry to be passed in books of accounts in respect of Sales made against LC (90 Days). and contigent liablity in this respect if any arises. in B/S.

I've booked excess revenue in the year 2014-2015 with it's corresponding effect in debtors. In the year 2015-2016 the mistake is detected what would be the correct entry for the year 2015-2016. According to me it would be
Reserve A/c Dr.
To debtors
Please correct me if i am wrong.

Thanking you in advance.

Dear All

I am working in a partnership firm please clarify my doubt

partnership firm assets and liabilities taken over by pvt ltd on 30.12.2016 by slum sales

in partnership firm depreciation is calculated 15% on plant and machinery on 31.12.2015 and inpvt ltd co can i calculate depreciation 15% on plant and machinery is it right please guide me

Regards
Srinivas

hello,
recently cash withdrawn from bank 15lakh rupees and given to party how show tht entry in accounts please help

Difference between provision for bad debt &provison for doubtful debt

I booked a sale transaction and then goods loss is transit..now 1st ...am i simply reverse the entry ...but I think it gives wrong impact on BOA ....or 2nd...I book loss by transit as an expense ..please what will be the journa entry .. #asimplepoint #asimpledoubt #ThankssinAdvance Experts :)