Dear Sir
I want to know that there is any software or utility for exporting data from excel to tally for free.

the wordings given in the schedule vi are as follows :
Companies will also need to bifurcate all their borrowings into ‘current’ and ‘non-current’. It is possible that the same borrowing will be classified into two components depending on the portion repayable within/after twelve months from the balance sheet date.

Does it mean
if there is a borrowing of Rs. 500000 and as an installment 50000 is to be paid with in 12 months then 50000 is to be shown as current and balance 45000 should be shown as non current

Respected Sir

I have file TDS return of 2nd,3rd and 4th qtr. is late .I am received of TDS intimation letter of late filing of return penality of 12000/- per qtr. what are i do. because i have deposit tds taxes timely but return is filing late due to some personal problems. please solve my problem as soon as possible

Thanking You

Dear Sir,
i have following queries while filing data in tds software
1-book entry ?
2-what will be effect of provisional bill booked like i have booked one Bill Rs.150000 after deducting tds 15000 in f.y-12-13 and made payment of Rs.135000 in f.y-13-14 should i have to show any effect of above in my tds return for Q1.of 13-14.
3-what will be effect of consultancy bill booked in f.y-12-13 and made payment in f.y-13-14.should in show any effect while filing my tds retun in q1 of f.y.13-14

how shall i write off preliminary expense amount in new Profit & loss A/c? I mean can i write off it or should i deduct it from reserve in balance sheet?

Dear Sir,

My company receive capital subsidy from central govt. i.e. SIDBI directly to our bank account in the form of FDR which will be credit in our cc account after period of three year as per govt. instruction.
what accounting entry to be made in books as on date

Dear Sir/Madam,

In value added statement,
Earning available for distribution = PBT-Depreciation- interest on loan- taxes- employee contribution towards PF

Whether this statement is right or wrong, if it is wrong please specify me which items not considered from profit and loss while making value added statement.

A businessman purchased goods for Rs 25,00,000 and sold 70% of such goods during the accounting year ended on 31st March,2013.The market value of the remaining goods was Rs 5,00,000.He valued the closing stock at Rs 5,00,000 and not at Rs 7,50,000 due to---
(a)Money measurement concept
(b)conservatism
(c)Cost concept

Dear All,
Wood purchase from "Basti Timber Mart for Rs.16,000/-
Payment made to Alfa Traders on behalf of Basti Timber mart.

What would be the entry in Tally.
Payment?
JV?
Purchase?

Please sugest?

wi fi camera purchased to be fixed in factory. what will be the journal entry ?