Hi Sir/Madam,

What are the license required to start super market in KAR/Bangalore.

I need the support.

Thanks
Vijay

DEAR SIR,

CURRENTLY I AM MAKING ENTRY AS PER BILL DATE IRRESPECTIVE OF THE DATE OF RECEIPT OF MATERIAL. WHICH DATE IS TAKEN INTO ACCOUNT, RECEIPT OF MATERIAL or BILL DATE.

GENERALLY WE GIVE C FORM AT THE DATE OF BILL DATE IRRESPECTIVE OF DATE OF RECEIPT OF MATERIAL.

KINDLY EXPLAIN WHICH DATE IS TAKEN INTO ACCOUNT FOR ACCOUNTING PURPOSE, DATE OF RECEIPT OF MATERIAL OR BILL DATE.

THANKS.

what are adjusted purchases and adjusted sales?

i have taken loan from bank Rs. 10 lakh. but paid us Rs 9,80,000 after deducting interest on loan. what is entry in books of account . we will paid this loan amount(p+i) in 12 month. plz advice all entry in books of accounts .

Dear Sir,
I am working in a pvt ltd co. whose business is a C&FA business.
we We take insurance policies to cover the risk of fire,stock,plant & machinery,vehicles etc.

1)The service tax paid on insurance premium to general insurance company can be available as input credit.
2)can we take credit of service tax against audit fees.
3)we filled the submit service tax return online for the period apr-12 to oct-12 but forgot to submit online,so status is showing save mode,in the meanwhile we submitted the hard copy to the department.
But now department is asking for penalty,can it be justified.

sir
i have a query that i purchased my goods in 5% sales tax rate. Now the sales tax has been increased to 8%. I have also purchased goods in 8% sales tax rate also.I want to know while doing stock valuation the cost of stocks how to calculate. i should consider the sales tax rate 8 or 5. should i bifercate the stock in 8% and 5% or should i calculate stock value only considering 8%.
please reply...........

Helo Friends,

My one client is partner in different firms he wants to transfer his capital from one firm to another firm without banking transaction. The entry through journal voucher can be treated as a valid entry according to accounting standard or not.

Please give your valuable comments!!!

Dear Experts,

Please guide me, we have a commerical Building in books after some time we repaire to building Rs. XYZ,

amount should be add in building or claim in expenses

where to post directors food expenses incurred out of india which are not reimbursed?

A PERSON PURCHASED A CERTAIN FURNITURE FROM HIS POCKET AND THEN AFTERWARDS HIS EMPLOYER REIMBURSE THE WHOLE EXPENDED AMOUNT TO HIM?

1. FURTHER THE EMPLOYER TAKES THE BENEFIT OF DEPRECIATION ON THAT ASSETS.
2. AFTER THE VALUE GET FULLY EXHAUSTED THE EMPLOYER PURCHASES THAT ASSETS FROM THE PERSON ON NOMINAL SCRAP VALUE.

MY CONFUSION ARE THAT :

1. WILL SUCH TRANSACTION IS POSSIBLE.
2. IF POSSIBLE- IN WHOSE BOOK THE ASSETS WILL BE ENTERED.

WITH REGARDS