Hi All,

Good day.

What is the Buffer (Block) given for this financial year 2015-16 towards 'Leave Travel Allowance' and Can a Employee claim if he goes abroad probably for Personal purpose only + the Invoice is in Employee Name.

Kindly confirm........

Is it mandatory to have manual signature or seal or both, if you preparing computer generated receipts in your office for both cash and cheques received, Or can you consider the system printed receipt voucher as valid, since they are orginated by someone with his user ID and password.

plz explain impairment with example

what does the Networth mean ? what are all included in it ?

A company,( business is to purchase cloth and prepare garments and then online sale) is started its purchase and offline sale ( as the site is under process) but has not regd as co. And it is under process. So can they show sale n pur made before registration in company books after registration

dear sir
I am new to tally , plse infm me if a company receives cash as professional receipts , how the entry is to be passed in tally ? Do we have to pass in J.V. as cash a/c dr
to service receipts
or
in receipt voucher as custumer a/c dr
to cash a/c.
Please confirm me .
Thanks a lot

amendments in Tax Ipcc may 16

Hi,

Please suggest me likely treatment under Ind AS for amortization cost method of Loans with the below example -

1. Entity A taken loan of Rs. 1000 mn on 15 Sep 2010
Loan processing fee charged by bank Rs. 25 mn
Tenure 13 years. Repayable in 10 equal installments starting 15 Jun 2013
Interest rate @ 12.5% p.a. payable half yearly

If you could provide the solution on excel along with calculations, that will be of great help

Thanks,
Sandeep

While i was audit of my client i came to a query that is client has paid in nov 2015 500000 rs. rent for 110th AGM FY- 15-16 held on 1 july 2016. Now query is that rs. 500000 paid toward rent to booked in p&l account in 15-16 or 16-17. Plz support with relevant accounting principle

if any company is constructing a new factory building at another place than what kind of expense consider under that building cost