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SALONI LOGANI
This Query has 3 replies

This Query has 3 replies

23 December 2014 at 21:12

Rate of interest on personal borrowings

I want to borrow 5 lacs from a friend. I will b using the money in my business.How much maximum interest can be charged on this loan amount???


Maina
This Query has 2 replies

This Query has 2 replies

23 December 2014 at 14:32

Difference btw tax b/s nd a/c b/s

I want to know the main difference between tax and accounts Balance sheet. And also if the date to submit my tax B/s to 30.11.2014 will it also effect the papers to be submitted in bank for review of my limits.?



Anonymous
This Query has 3 replies

This Query has 3 replies

23 December 2014 at 12:47

Interest on loan payment entry

X Company Interest Paid Every month 1 Day X Company books in entry Provision or direct Payment Problem Solve


Raghu Ram
This Query has 1 replies

This Query has 1 replies

23 December 2014 at 12:28

Tax implications & invoicing

Hi all,

A dubai based company has got an order from Indian company for supply & execution of a project. Dubai company supplied part of material to buyer. For the balance material Dubai company placed an order on a Indian company with a condition that the material to be delivered to its buyer based in India and also to install the the project. Now Please suggest whether I have to raise invoice in INR or USD in favour of Dubai company stating delivery to buyer address. Please help


mukeshyadav
This Query has 3 replies

This Query has 3 replies

22 December 2014 at 18:38

Balance sheet of proprietorship firm

Dear Members

Please advice me about the balance sheet of PROPRIETOR SHIP BUSINESS.

WHETHER THE BALANCE SHEET OF PROPRIETORSHIP CONCERN IS PREPARED SEPARATELY FROM BALANCE SHEET OF PROPRIETOR.

IF YES HOW CAN PREPARE THE BALANCE SHEET OF PROPRIETOR.



THANKS


jagadeesha kp
This Query has 2 replies

This Query has 2 replies

22 December 2014 at 17:26

Tds

WE DEDUCTED TDS UNDER 26QB AND PAID IT UNDER PAN.WHILE FILING Q2 REGULAR RETURN WE ONCE AGAIN SHOWED BY MISTAKE. THERE IS A INTIMATION FROM TRACES FOR SHORT DEDUCTION.WE FILED A REQUEST FOR CORRECTION 40 DAYS BACK BUT IT IS SHOWING IN PROGRESS. WE ARE NOT ABLE TO DOWNLOAD CONSO FILE. IT IS SHOWING THERE ARE MISMATCHED CHALLANS



Anonymous
This Query has 3 replies

This Query has 3 replies

22 December 2014 at 16:09

Installation expense

should instalation expense with respect to old electronics(fans and lights) to a new building be capitalised?

installation expense includes wirring and labour charges


Dipesh
This Query has 3 replies

This Query has 3 replies

22 December 2014 at 13:06

Works contract

Dear All, I have query about Works Contract Tax. We are manufacturers of Filteration System And Parts (Which is used for water purification in Helthcare & Pharmaceutical Industries) We are also provide installation, Errection, Commissioning. While sale transaction We charge Excise Duties and local tax (i.e. Vat Or CST as per applicable). While installtion, Errection & Commissioning we charge service tax for providing services. My question is that can we go through Works Contract??? WCT is applicable for us...If yess then what is procedure for WCT??? If have any guideline documents for that pls provide me a link... Pls suggest. Thanks in advance.

Read more at: https://www.caclubindia.com/forum/query-about-works-contract--314946.asp


ASHISH SHAH
This Query has 3 replies

This Query has 3 replies

21 December 2014 at 19:30

Jounal entry

I MADE A POVISION FOR AUDIT FEE LAST YEAR BY DEDUCTING TDS? NOW THERE COMES A SITUATION WHEN TDS IS NOT REQUIRED TO BE DEDUCTED? HOW SHALL I PASS JOUNAL ENTRY THIS YEAR?


HARPREET SINGH
This Query has 1 replies

This Query has 1 replies

20 December 2014 at 23:43

Atc

Period of Articleship required for Accounting Technician course from ICAI.






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