Dear Expert,

I have purchase share and also i have sales the share. Please let me know how to this type of accounts maintain in tally. Which entry i will pass.

Thanks,

a Limited company the Net Worth of a company is Share capital+reserve & surplus(excluding Revaluation reserve) - Misc expenditure & losses.My question is what is the meaning of miscellaneous expenditures here
Is it the misc exp. that included in the general & adminstatrive expenses?

dear sir, I have one invoice of around 6 lakh for loadings and unloading charges and here transport charges also there but they have not mentioned in invoice only transport charges mentioning and service charges is 14% but here can I ask to change of nature of experience in invoice and TDs is which % and can I dedicate TDs on gross amount or on only exp amount... pls suggests me.

in site dr r two parts fr audit n IT pm fr nov 15 n may 16 so my atmpt is nov 15 dn do i hve to refr may 16 pm ya nov 15 il refr dn chalega?? pls rpl

My query is that our company receives bills of rent on which VAT applied not service tax. So i should deduct TDS on amount excluding VAT or including VAT

Dear Sir, i want to know much time should i preper to each subject for better preparation.please also explained me how to get confidence on work done, and what is the pattern of study

I want to know that which is the best teacher for SFM in Delhi.Please help me out!

Lease - Operating Lease

A Shopping Mall is taken on lease and it is sub leased to various tenants.

IAS 17/ AS 19 is applicable for the same while recognizing Expense from the point of view of lessee and Income from the point of view of Lessor.

AS/IAS says

Lease income/Expense from operating leases should be recognised in the
statement of profit and loss on a straight line basis over the lease term,
unless another systematic basis is more representative of the time pattern
in which benefit derived from the use of the leased asset is diminished.

Can any one interpret above lines with example.

If possible share the impact of the same in Financial statement with example.Also any excel file to work on the same.

Viz: For Example 1.Lease agreement is for a period of 5 Years and each year rent is changing progressively.

2. What happens if tenant cancels agreement in between. what will be the impact on income which is already recognized on Straight line basis.

3. How the impact need to be taken if the company is only considering one year rentals as revenue and recognizing only that portion as revenue.

Thanks & Regards

my query is related to tds on transport.. if Supplier charging vat on material value+transportation and transport amt showing separate in invoice, or Transport amt is 62500 then tds is applicable or not..... share notidication if any.. thanks

Dear sir , we have two entity one is pvt. ltd. & other is firm . i want to know if one co. transfer money to other . then is it treated as loan or expense ?