Anonymous
This Query has 2 replies

This Query has 2 replies

10 March 2016 at 13:03

Tally

Hi , it is is a company that company its construction so we can mange accounts in that time company purchase a new car so how can i entry in tally so pls explain clear and undur groups .for example

loan amount 1540000/- loand processing fee 3993/- and principal amount 23737 and intrest amount 8984/- and every month instalment 32721/- so pls tell me how to entries in tally


Arun kumar
This Query has 9 replies

This Query has 9 replies

10 March 2016 at 10:15

Gratuity accounting

Kindly explain the accounting entries
1.when a company has set up a gratuity fund and paying LIC premium yearly.
2.Should a provision for gratuity be made ? If yes what shall be the entry ?
3.Should the Gratuity fund be shown in the Balance sheet ?
4.Should a designated bank account be opened to route the payment towards LIC, should it be shown in balance sheet ?


ASHISH ARAT
This Query has 2 replies

This Query has 2 replies

09 March 2016 at 21:47

Advance tax

how to calculate advance tax


srikanth
This Query has 3 replies

This Query has 3 replies

09 March 2016 at 17:55

Revised return

tax audit return has been filed for A.Y 2013-14 excluding capital gain. now I want to file a revised return for tht year. is it possible? will thr be any tax payable in.the way of penalty


abhishek kumar
This Query has 1 replies

This Query has 1 replies

08 March 2016 at 14:22

Capitalisation of expenses

In my Company (related to print media) we have purchased a software in place of old one, due to which there is a saving of ink upto 10% and Image quality will also enhanced . But it has no impact on life of machine i.e machine life will be same. software has perpetual life and may be changed if new upgraded one is available.

My question is whether future Ink saving may be treated as increase in future Economic benefit and the cost of software should be capitalised...


Shubham Tarvecha
This Query has 1 replies

This Query has 1 replies

08 March 2016 at 12:43

Income tax slab

please solve my confusion suppose my work borwell (hole work) & my nett receipt on borwell work 9 lacs rs. & agriculture income 4 lacs rs., So my income 9+4=1300000 lacs rs., so how my taxable income, in which tax. because 400000 lacs income is tax free income. so how my total income & Which it will be in the slab. 20% ya 30% ??????



Anonymous
This Query has 1 replies

This Query has 1 replies

07 March 2016 at 19:24

Opening balances

PLEASE TELL ME
HOW TO TAKE A OPENING BALANCE OF PROFIT AND LOSS ACCOUNT, CAPITAL ACCOUNT & BALANCE SHEET.
I MEAN TO SAY THAT OPENING BALANCES IS ESTIMATED OR SOME MATHEMATICALLY CALCULATIONS.?
PLEASE TELL ME IN BRIEF.


shashikant
This Query has 1 replies

This Query has 1 replies

07 March 2016 at 19:22

Opening balances

PLEASE TELL ME
HOW TO TAKE A OPENING BALANCE OF PROFIT AND LOSS ACCOUNT, CAPITAL ACCOUNT & BALANCE SHEET.
I MEAN TO SAY THAT OPENING BALANCES IS ESTIMATED OR SOME MATHEMATICALLY CALCULATIONS.?
PLEASE TELL ME IN BRIEF.


Vicky Tanwar
This Query has 1 replies

This Query has 1 replies

05 March 2016 at 11:47

Retrospective effect

We never charged depreciation on our fixed assets but want to charge it now ... Retrospective effect se karna hoga ?


vishal rana
This Query has 1 replies

This Query has 1 replies

04 March 2016 at 19:23

Investment cost

Sir Brokerage ,securites transaction tax,transaction charges,service tax nd service tax on transaction charges ...all these expenses included in d cost of purchase of share(investment cost)?? or all these charges shown as a revenue expenditure???? For example 1.4.2015 100 share of relince purchase at price 20 rs nd same shares sold on this day 50 share at rs 23 And all other charges..50 rs..net bill due from broker is rs...900(2000+50-1150) How this entry made in books of account ??






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