Dear Sir,

Pls. advice regarding the name and the word Exgratia.

Regards

Aji

Sir

1.we have remitted INR 400000/- = GBP 3901.7/- to our consultant in UK regarding consultancy charges.

2.We suppose to send INR 320000/- = GBP 3091.2/- which is after TDS 20%.

I've submitted form 15CA and 15CB as per statement 2.

now how do we adjust the excess paid by us to the consultant please tell me the procedure to fallow.

if a construction company get abetment from department and at the same time the co will be able to claim cenvat

When are the May ipcc results going to be declared ?

Profit from the sale of machinery is 2000. And in the adjustment it is given that suspense account of Rs2000 represent cash received for the sale of some machinery on 1st day of financial year.
Query: Is profit from sale machinery will shown in other income or it is to be shown in exception item in profit and loss account.why it is shown so??

if i practice of ca.my house and my car are included in my balance sheet as a assets??? even though my car is use for my used..........also at time of my return show or not

Hi,

I have a query regarding purchase entry for purchase of services. We Buy Services which has 12.36% Service tax and sells the same and take input credit while paying service tax.

The Typical Purchase invoice is like this:
amount: 10000/-
Service Tax : 1236/-
Total: 11236/-

So my purchase will be 11236 or 10000? Also can somebody give a sample entry for the same?

What is the accounting entry for conversion of stock in trade into fixed assets?

How profit & loss account will be affected by these entries??

I have a Pvt. Ltd. Co. I Bought machinery for manufacturing by raise a loan a/c. But production will start from next year. Please show me the treatment of finance charges for 1st year, according to "Accounting standard". Which Accounting standard will apply? Treatment for capitalization of finance charges.

Hello Everyone,

Rs.10000 was paid to employee for the purchase and he had purchased of RS.8000 only.He had returned the 2000 to the cashier.
what would be the accounting entry in this case.


Regards,
Chirag