Sir, i am in accounts departmment i want to know if one is not receiving payments but have to pay off to the creditors.so can we withdraw cash from capital?if yes, so by what limit?if no, so what to do in that case?


please do needful

hello I am accountant in construction company, I have query about vat refund, we are pay our input vat at time of purchase any materials, but our client is already deduct out output vat in our work contract bill, that time how to refund credit vat.

dear sir, bymistakely I have upload the sheet for C form with wrong TIN no. of supplier now supplier does not agree and send back the C form for correction the TIN No. please advice can we change the TIN No. on C form

If, at the end of the financial year, unable to track a receipt, as to from where it has come and for what services, what entry should be passed during the closing of accounts.
Pls adv.

Thnx and regards
Gurvinder Singh

In order to reduce profit in manufacturing concern can we reduce stock or increase expenses or any other alternative
after all it has implication on tax

Please suggest

Memorandum and articles, are they necessary for every company? Explain

Dear All,

Please let me know i have one query that if a employee is on leave then the deduction will be levied on Basic Salary, HRA,Conveyance and Other allowances OR Only on Basic Salary ???? Please tell me considering all aspects of ESI, EPF & Income Tax etc. as it is very urgent and essential point.

Dear Sir,
We have received a demand notice from TDS department for late filling the TDS return of Q1 for FY.2012-13.
My query is what is the procedure to pay the demand amount
Kindly solve my query as it is very urgent.

Thank you.

dear sir,
i have a company which has 4 branches.if an inter branch transfer is made for sale and purchase of goods then while making a meger of all the branches for balance sheet purpose, do we need to deduct the amount of purchase and sale of inter branch goods from total purchase and sale.
If yes, then does it not affect our closing stock and opening stock of next year.

What should be the accounting treatment for Late Delivery Charges recovered from Supplier of Capital Asset? Should it be deducted from the cost of Asset or Credited to P&L A/c.