company ABC has sold 1 attendance machine to company XYZ at cost and both the companies are in mumbai so do we need to charge VAT on the cost? and can you help me out with its invoice?

also i wanted to ask you how to enter vat amount in tally in sales - F8

Dear Sir,

My Company is transferred some computers from old unit to a new unit.Expenses incurred on purchase of Wireless Router & D-Link Port for Net Connectivity should be capitalised or it should be debited in revenue expenses


Pls clarify me.

hi all can anyone provide me the tax (CST/VAT/PT/ET) Due date state wise.....

Dear Sir,
please solve my query,
We have to change our accounting software, i.e. Tally to Busy , after finalizing the accounts, I have put closing balance from our audited B.Sheet in software, but can I put the bank balance from Balance sheet,or I should put the same from Bank Statment.(31.03.2015). because if I put from Balance sheet then some entry to be receonsiled in next financila year,

how to calculate deprecation on existing fixed assets through new company act schedule Ii

Hello dears,

Thank you all for your valued time.

How to account during the current year for the below situation.Kindly please find me Journal entries too.
(how to account such huge liability in current year)

Situation;
1.Lease rent not paid or accounted last ten years, sum of Rs. 3,000,000
2. we owed to government and they send a notice, thus we came to know this liability.

Thank you

Will Printer will be considered as an office equipment or as an end user device ?

dear all , I hear about TDs on transportation in f.y.2015-16 pls tell about it in detail

If we are transferring money from one account and bank charges is deducted by bank with the transferred money how contra entry will be done? Is the following journal is right


A/c No.4751......................Dr 10000
Bank charges......................Dr 5
To A/c no.6541 10005

If one co.has paid up capital more than Rs.50 lakh but doesnt have any loan outstanding and turnover too is less than Rs.5 crores even then CARO 2015 would apply??????

In other words now all of the 3 conditions simultaneously to be present for applicability of CARO 15??????