Can the funds taken away by empoyee during 2 regular course of business be treated as expenditure in my final accounts. Suppose a firm is a trading and has sales man who working in the market to take orders and to receive collection from customer in the market.Now what if a sales man has manipulated the collection from customer for his personal uses and is now absconding.

how to get exemption Marks in accounts please reply

Hi,

An emergency purpose we have made the cash payment in hospital (one of company employee admitted in hosp) more than 30K and we got receipt for the same.

as per rule only 20K is the eligible amount to pay in cash.hence how could i book the 30K Expenditure, Kindly suggest.

Dear Sir,
can be made payment of unsecured loan in cash only. it is supposed to pay less than 20000 cash every installment.
will it be permissible?

What is the depreciation onVehicleFurnitureComputersAir conditionersPls advise

A pvt limited company is in trading business of fabrics and one of its director has purchased flat on account from company. Should it be treated as investment or fixed assets. If it will be treated as fixed asset can depreciation be charged. if depreciation be charged then at what rate of depreciation.

i m gving both groups in nov 2014 n confused abt the study mat of both group of accounts.june 2014 edition of advance accounts n accounts iz showing a lot of changes bt it is not clear whether it iz relevant for nov or not

sold goods for rs.150 to naresh and the amount due was adjusted towards purchases of equal amount for personal use by proprietor.

dear sir i want to start a pvt ltd company pls tell me steps of company creation n also fees for each step pls reply soon Raj Mahour 9211202662

sir pls define direct tax and head