WHY closing stock will not come in trial Balance????

Tax Audit limit. (44AB) for fin.yr. 2013-2014 & 2014 -15 how much sir?

my grandmother in his custody has a jewellery of 900gm of gold since before independence. She has filed weath tax return on Ay 72-73 on his jewellery,without valuation report.The value of gold jewelry has being shown Rs 16000 approx.Now she want to gift the jewellery to me .please advice me the tax treatment of such gift and also advice me to keep custody of necessary document for it purpose

dear experts, what should be the main points to look for while analysing the balance sheet of a trust

Dear Sir/Madam.,
I have the following query
1. In FY 14-15.,Amalgamation expenses (Ad publication exps , ROC filing fee, Advocate fee etc) has been incurred, 1/5th has been deducted as per Sec 35DD of IT Act ., balance has been shown under Other Current assets on 31.3.15 Financial Statements ., is the treatment correct as per Sch III of Cos Act 2013 and AS-26. For FY 2015-16., what rectification needs to be done , if any

Dear Sir,

Ours is a partnership firm consisting of 5 partners, two partners have purchased LMV wherein the firm is a Co-borrower, All the documents are named personally in partners name. Even the loan financed by the banks are in the name of Partners but only the instalment gets debited in firms CC account. the question is
1. Will this purchase be considered as purchase of the Firm? "Non of the documents and in the name of the firm"
2. The instalment which is subject to interest on loan subject to TDS should this TDS be deducted by the firm and make the payment and issue the TDS certificate to the bank (But the loan schedule is named in the personal name of partners) only a counter signature withthe seal of the firm is there on the loan agreement.
3. Should this instalment payment be debited to partners capital account?

Sir, please reply to this. Its a big issue in my firm as on date.

Thanking you in advance

A ltd consultancy company raises the bill on b ltd rs, 100000 @14.5 % sevice tax what will be the journal entry in books of A ltd and also in B ltd

We are maintaining of integrated accounting with inventory system and we maintained a stock wise items also. I need to how to adjustment of closing stock when we maintained accounting with inventory system. Can any one guide to him, how to over come it the issue.

Adjustment of closing stock means ........ reducing of closing stock

Provisions made in books of accounts. This is allowable in income tax OR not.

what is difference between personal account and representative personal account?