if i remit 64001 rs to my employee instead of rs 6401 as salary and then i recovered rs 50,000 from him through net banking in the same account from which payment was made and remaining amount in cash ie 7580 then what would be its impilcation from accounting and income tax point of view does it is covered in money laundering act as offence or not

Is there any rule in central excise that credit of goods if not taken within 6 months of the date of invoice in books of account or excise return then credit can not be taken on such goods..? actually accountant has received invoice in the month of march for june month. so he is refusing to take credit based on above argument. can anyone guide in this regard? because i don't find this type of privision or rule in central excise rules..

How to calculate interest u/s 234??

i have paid late charges of tds return

like late payment charges, short interst calculation, or late return filing charges

pls let me know that which head this expence goes ?

calculation of HRA in excel

IN TALLY 9, IN THE MONTH OF MARCH I HAVE BOOKED SOME EXP. ENTRY & MADE PAYMENT ENTRY ALSO FOR RS. 15000/-,
IN THE MONTH OF JUNE,(NEXT FINANCIAL YEAR) I SAW THAT VENDED NOT DEPOSITED SAID CHEQUE.
OUR AUDITOR REVERSE THE ENTRY.
NOW MY VENDER A/C IS CREDITED BY RS. 15000/-
MY QUERRY IS SHOULD I LESS RS. 15000/- FROM P/L.

Sir,
Kindly suggest the accounting treatment of donation received by NGO/Non profit organization. Detail of receipt are as under:-
1. Donation received from Mr.X, Rs-10,000/-
& entry is
Bank/Cash (Dr)......10,000/-
Mr. X (Cr).......10,000/-

(a) Cash\Bank will increase current assets.
(b)Under which head Mr X account create?

Thanks

When I make provision for expense at year end the balance should reflect just the which will be clubbed with the opening provision so the balance will be nil.

eg: electricity bill period is suppose 15th march to 15th april is Rs. 1000 /- so I make 15 days provision for march Rs. 500/- in the year end 31/3/2014 and balance Rs. 500/- for april 15 days I pass the entry in next year and the total of the two will be equal to Rs, 1000 /- the amount paid and will be nil.
but in my books due to excess paymentits showing debit balance what to do please help

hi what is the average AGE of an Indian students who appear for ca final . I'm an engineering dropout due to some family problems and now I teach maths for 9th 10th and b com students and I'm considering ca as a carrier option PS : I'm good with numbers

wht is concept of charging 100% depreciation on asset whose real value is less than 5000