What is royalties

can I spend my father's income for my expenses whereas I am salaried employee and don't want to withdraw amount from my salary account or it is necessary to withdraw money from salary.

Dear All,
My Client is booked a flat of Rs. 2,45,00,000/- on January 2011. As per the condition of TDS on property 1% is started w.e.f 1st June 2013 the flat is under contraction. In these flat 50 lacs Bank loan also sanction and bank will pay the slab wise payment to builder after there demand.
My Query -
1. It is right to deduct the TDS i.e. 1% whenever bank make payment to the builder?
2. How much total TDS will deduct it should be calculate on total Agreement amount?
3. On April 2015 & July 2015 Bank paid the amount to the builder but my client not deduct the TDS. If will paid the TDS now only late payment interest is charge or there is any penalties also.

Thanks & Regards
Rateesh

how can I show transaction of credit card

Dear Experts My query is

We have purchased a old company . Remodeling that company Some of Fabrication work is doing ,make a payment for fabrication work purpose.
We do not deduct the TDS. TDS applicable on fabrication work.

Please clarify

Thanks & Regards
Siva.

What should be the treatment in books of accounts of those fixed assets whose useful life as per companies act 2013 has expired but are still used by the company?

I am 1st Gen entrepreneur and started a private limited company, taken some money for supply of equipment from a partnership firm last academic year, I have not registered for vat nor service tax till date, goods are delivered but invoices are pending from our side, can you help me out. I bought all the equipment from third party and delivered, I have my invoices of purchase, but I didn't file any input vat sort of things as I had not taken vat nor service tax . My sincere thanks in advance if you can clear how to prepare invoices now.

if in que. fixed assets purchaged during the are given ..how to calculate depreciation ....6months or 12 month (NON-PROFIT ORGANIZATION)

Hi, What should be the amortisation method of deferred rent arising consequent to fair value of refundable deposit given for an accommodation taken on rent ( whether SLM method over the tenor or any other method of matching concept ) As per IGAAP: Deposit of Rs 100 is appearing in the non current asset: As per IndAS fair value of the deposit is say, 80 and deferred rent of Rs. 20 shall be recognised in the books and amortised over the the tenor.
Thanks in anticipation of the experts' kind response

Hi everyone, i want to do ACCA diploma in IFRS. Fr that i have come across a online class offered by IFRS demystified. Does anyone have have idea how is the class & should i attend it or not? Any alternative?