In India most of the SME Sectors uses basically TALLY accounting software to maintain their accounting. That’s why we can say that TALLY is the India’s accounting software. I am going to ask something funny but very important question
My question is that in whole world now there are 195 Countries in world can some tell which accounting software mostly used by maximum Countries and which is the each Countries accounting software can say?

I wanna prepare for finals which is due in may 16...but I've heard the syllabus is going to be completely changed... Is that so... What should I do then?

if i purchases woden of rs 100000 and paid 15000 vat on it..total amount paid by me rs115000..
so can i take back vat amount from govt??
is it refundable ? if yes then how

sir,
one of my friend having proprietor firm purchased car by taking loan and pays the EMI from his firm account. problem is car is registered in his father name and his father is also having proprietor firm.

what is the accounting treatment in both the firms. suggest me.

What will be entry for Advance Payment of Salary? How it will be treated when passing Journal Entry (Salary Payable) in tally

Salary is Rs. 10,000.00
Adavance Paid in Cash Rs. 2,000.00



Please Reply

BK Dubey

For consulting service provided to the government in July 2014, we paid service tax on invoice amount as per work order in August 2014. The government made payments in October 2014 but decided to change payment terms and paid lesser amount. How do we deal with overpaid service tax? We do not expect more consulting in this financial year.

COMPANY'S FINANCIAL POSITION IS WEAK AND UNABLE TO ISSUE THE SHARES AND REFUND THE PENDING APPLICATION MONEY TO THE PERSONS WHO APPLIED FOR THE ALLOTMENT OF SHARES.

THE APPLICATION MONEY RECEIVE FOR 2 YEAR AGO AND NOT ALLOT THE SAME.

THE APPLICATION MONEY EXCEED THE AMOUNT OF AUTHORIZED SHARE CAPITAL OF THE COMPANY.

1. MY QUESTION IS WHAT PLACE IN FINANCIAL STATEMENT I SHOW AND UNDER WHICH HEADING.

2. HAVE ANY CONTRAVENTION OF THE SECTION OF THE COMPANIES ACT 2013 AND RULE MADE THERE UNDER.

hello all .i like to ask u guys a question .am from engineering .is this field(ca) good for engineering student .please guide me

We have purchased cash counting machine for Rs.6200/-. Under which Indirect exp. it can be accoounted. & we have renewed our tally licence for 1month Rs.1850/- Under which expenses it can be accounted.

Please reply

Ashvin

interest on capital, remuneration, salary of partners where it should be taxable.