our company receive sample loose tea from tea board for tea auction. for this we have to pay some amount yearly. But tea board have not provided us any tax invoice. Now we want to sale those loose sample tea with tax invoice. and want to pay sale tax to govt. Now my question is that can we do this ? if yes, what will be the sales price ? is it acceptable according to sale tax ?.

i want 2 know abt rs. 2000 rebate on income tax.. nd wht will b d effct of tds to employee whose income is rs. 220000..?? guide me

when one time placement fee is received from client...in which head of account is this taken

please anyone let me know..if advance salary is given to employee before paying actual salary..comes under which head of account
and when actual salary is paid..after deducting advance..how is this treated

Mr.X is the creditors in abc ltd with Rs 650000, now Mr x goes away and not want to recover it. what is the treatment for abc ltd to setoff its creditors.

what is correct treatment?

Dealer Ship Deposit Non Refundable is Grouped Under Sales account

Is it correct Accounting System.

How to make accountability in Accounting

Hi sir telephone bills and Professional Tax first paying By employee later cheque issued by MD to employee how can i pass the entry in journal and payment entry pls help me out.

I hv purchased a property in 2011 n taken a loan of Rs 24.5 lakhs for the same . My question is how much deduction for interest is allowed to me 1.5 lakhs or 2.5 lakhs because According to Union Budget 2013-14 , first time buyers of homes will get an additional deduction of Rs 1 lakh for home loans up to Rs 25 lakhs which will be over &above current Rs 1.5 lakhs deduction allowed for self occupied dwellings Plz clear my doubt Regards Prashant Singh

Working in PVT Ltd Company

I want to know whether Cash Received from Customer utilized for meeting day to day expenses is correct accounting practice.
Suggest for internal control system with link available

Dealer ship Deposit Non Refundable is grouped under sales is correct accounting practice.Please suggest where to be accounted.

What is the cash limit for expenses paid in cash.

in the reverse charge mechanism how entry will be passed.

please tell me in detail.

Thanking you,