A charitable trust 12a, is planning to collect donations for the welfare of deceased NRI's families in India, whether the trust can accept NRI cheques towards this fund, provided the trust doesn't have FCRA. Can anybody clear my doubt.

Contract completed is 3/4,work certified is 1/2 of contract price. Cost of 3/4 work is Rs. 3,00,000. Calculate cost of work uncertified.



URGENT

We have purchased Philips Led 10 Nos. for using in false ceiling and 1 cost around Rs.4200/- and total Rs.42000/- My question is I have to capitalize it or show as expense. If expense on which head. Thanks

I am a salaried person working in govt school. I filed my income tax return before due date 31st aug 2015 for AY 2015-16. But i claimed higher tax credit than actual since on the date of filing my return, my 26 AS was showing the more tax credit. Therefore i filed my return according to form 26 AS. But when i checked 26 AS in the next month after filing, it was showing the less tax credit. I was about to file the revise return but mean while i got excess refund in my bank account based on my original return. Now the income tax portal is also showing the tax credit mismatch. Please suggest me the next course of action and means of returning the excess refund. Also tell me the rate of interest which can be applied on excess refund received. Regards

i have just attempted for November 2015 exam..on group 1 accounts exam ..i have left full 2 blank pages ...being in hurry i overlooked that fact...i have attempted more than 30 marks after that 2 blank p ages..i am really scared,i should have written PTO..but i didnt..i cant concentrate on anything...please tell me what can i do about it..?

what is valuation of closing stock ?

Why closing stock when inside Trial balance shown at one place only? But when it is outside the Trial balance it is shown at two places. I know it is due to double entry effect but I want to know it in depth and the logic behind it.

Dear Sir,

Please inform us about that How many reminder emails can be put to customers to get the outstanding.

Kindly request you to reply soon sir.

thanking you

Dear Sir,

We are Manufacturer and request you to tell us about Closing Stock Calculations.

Can We add all direct expenses to closing stock?

Kindly Reply sir

while computing depreciation under sum of years digit method, Why do we consider digits in descending order...what is the logic behind it?