Accounts QnA [Resolved]

All Resolved Open

mannu kumar

This Query has 3 replies

28 May 2015 at 08:30

Revers tax

what is revers tax

sachin thakre

This Query has 1 replies

27 May 2015 at 20:42

Tds

what is the TDS

Anonymous

This Query has 1 replies

27 May 2015 at 17:41

what entry to be done .....

we are a educational company and received a invoice from a company like this

service charges ===100000/-

service tax ===12360/-

total amount 1,12,360/-

We take service tax credit than what entry we have to put and tally and what amount we pay to party ////

arun laxman gaikwad

This Query has 1 replies

27 May 2015 at 14:16

Whether to capitalise - epabx system purchase

Dear Sir
Our company purchased EPABX system of Rs.21000/- & Installation Rs.4494/- total Rs.25494/-

Whether to capitalise above ?

and if Capitalize then please tell the
fixed asset account name and life of the asset ?

Thanks
Arun

seeta

This Query has 3 replies

27 May 2015 at 13:12

Foreign currency difference

Mr. X (prop.) has open LC in foreign currency USD 1000 on 5.2.15 USD rate Rs 63.00 (suppose) on 5.2.15 and LC is due on 15.5.15 USD is Rs.61.00 (suppose).

When to book foreign exchange difference Rs.2.00 per USD (63-61)in FY 2014-15 or 2015-16.

Kindly reply on urgent

Anonymous

This Query has 1 replies

27 May 2015 at 12:15

About tally

Good Afternoon to All Experts in CAclubindia.

I am working in sub branch,
I am send tally data to head office, again they are send updated tally data to me.

How to save sending tally data from HO in Tally.

Please solve this problem.

Ankur Joshi

This Query has 1 replies

27 May 2015 at 11:47

Minority interest

Please explain the term of minority interest in simple language.

prasanth udayakumar

This Query has 1 replies

26 May 2015 at 18:42

Cenvat credit on st rcm

A company is involved in provision of taxable and exempted services. 95 of its turnover is taxable turnover and hence they started claiming 95 of service tax as input.. But in the case of service received through reverse charge, they have been claiming at 100. Is this practice right??.. Please explain