Please help me with the following entry in the books of transferor in case of amalgamation -: Transferee's A/C... dr To Realisation A/c (being the amount of purchase consideration due from purchasing company) why do we credit realisation a/c in this? what rule has been used?

Dear Experts,

Please write me the Journal Entry for Works Contract with all tax applicable in the books of a builder company for Company & Non Company contractor. and who is responsible for deposit WCT.

If contract amount is rs. 50000/-
than which tax is applicable on bill amount for company contractor & Non Company Contractor.

Dear Sir,
plz provide me depreciation rates as per income tax on below mentioned items.

Machinery and Parts
Office Equipments
Furnitures and Fixtures
Computers and Printers
Telephones and Mobiles
Vehicles
CCTV Camera
Micromax LED 39620FHD
Plantronics Make DA40 USB Digital Adapter
Plantronics MakeSP12 QD Headsets
Plantronics MakeSP12Qd to USB Cable

how to calculate monthaly salary of employees if employees hire on monthaly payment if months days varies on every month please

Hi . In may 2016 ca ipcc exams wll b from old syllabus r from new syllabus

Dear Sir,
pls explain with example. if we purchase material from Abc co. of Rs.10000/- and payment made by xyz on behalf of abc.then how to pass entry, explain with ledger creation.



Dear Sir,
My query is that we have two co. with the differ name ABC & xyz. So My query is that i want to pass a entry for that i made payment thru xyz on behalf ABC co. direct to supplier.so plz guide me that how i pass entry in tally.

regards,
Dushyant Kumar
Mob. 9988825862

We are the automobile dealers. Our firm construct a new own building. Payment to contractors above 20000/- Tds will be deduct or not on works contract. Pl. Suggestions give me .

Hell guyzz,,,, I am a C.A ipcc student and i m doing articleship.Its my second year of articleship.Now i want to change firm or articleship transfer. Can i take the same. Now also i want to do articleship under my husband. is this possible. Help me . Thank You Priti

Sir,

We have some temporary employees whose salary between Rs. 5000 - 20000/- P.M. but we do not want to show them under head salary. can we show them under "Assignment Charges" and if yes whether TDS is applicable on assignment charges and what is the rate? or you can suggest me other option also.

Thanks.

Can we show employee as assignment charges?

Pl. reply.

On 1st February, 2010, Sinha & Co. of Kolkata consigned 150 cases of goods to Mitra & Co. of Delhi. The goods were charged at a proforma invoice of Rs. 15000 including a profit of 25% on cost price. On the same date, Sinha & Co. paid Rs. 800 for delivery charges & insurance. On 1st July, Mitra & Co. paid railway freight Rs. 1200 & Godown rent Rs. 500 and sent to Sinha & Co. Rs. 6000 as advance. On 1st September, they sold 120 cases for Rs. and sent a remittance for the balance due to Sinha & Co. after deducting commision @ 5% on gross sale proceeds. Show ledger accounts in the books of Sinha & Co.