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interest charged by banks on cc account should be charged to profit and loss account ???
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in books where the receipts of cash credit account should be shown???
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Dear Sir / Madam, we are in to the hotel business providing service of short term accommodation services. I just want to know, 1. What vat rate is applicable to us ? & on what amount? 2. whether luxury tax is applicable on room rent including complimentary breakfast or only on room rent? 3. whether service tax is applicable separately on room rent & food bill with taxable portion 60 % & 40% respectively ? Please help asap.
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whether Ind As is applicable for Ca Final may 2016 examination
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What will be the accounting entry for service tax payable on reverse charge (full tax is to be paid by service recipient) considering CENVAT credit of swachh bharat cess not available.
1) Services provided by XYZ Co. of Rs. 10,000. Service tax rate 14% plus Swacch bharat cess 0.5%.
In this case i think swacch bharat cess will go to P&L A/c. Please guide.
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dear all, We are paid staff two wheeler loan amount by company, how can i account that due amount? in which expenses under it comes?
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if an individual i.e if he is a proprietor of 3 enterprises then whether transactions between all the three can be shown as loans and advances given or taken if no sale purchase transaction is their??? books are maintained in tally software
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i m deducter and one of my deductee expired on 01-01-2016.....in this case shall i deduct TDS with deceased PAN?....or shall i deduct TDS with his legal heir's PAN...
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Dear Sir,
I m a retailer, I have made purchase from kolkata,(Inter State Purchase) I will sell retail, should I issue C form,
At the time of sale should I charge vat from customer because it is sale in within the state
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if secured loan taken from bank but it skip in balance sheet...what will happen or shown only 50% amount of the loan..is it valid
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Cash credit account