1 employee had gone to US so how to account his bills in tally?

I entered his food expenses in entertainment exp , hotel expense - stay expense , fuel - travelling , other expense - sundry and credited it in his name. And whatever company reimbursed is also entered in his name so it gets nullified.
Is it correct?

how goods in transit accounted in books how goods in transit accounted

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???

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.?

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

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

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

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

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

installation expense includes wirring and labour charges

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.

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