whether Bank Charges amount included in Import Invoice will be shown as separate or will be combined as Material Purchased Charges as per AS-2 (Inventory Valuation) in Books of Account Pls Tell me..............

Sir,

We have filed Quater 3 Tds return.(94J professional fees).
Now we have notice that we have tick company deductees instead of Non compay-dedcutees..

Now how we will change this..

Regards

Parag

suppose a company trf. 50$
and we received 45$

( my bank ) doesn't charge and bank charges so my query is

1) that 5$ is bank charges charged by thier bank

2) can we book that 5$ as bank charges in our book but how means any procedure, rule , notification

because in each trf. which we are getting from overseas party ( hong kong ) they
normaly trf.

for eg.

10000$
but we received 9990$ and even that 10$ does not charged by our bank so, what kind of fees is this

expert please reply

1.Can a company become a partner in a partnership firm with same person having its director and partner?

2. Is the partnership firm in any way becomes liable for the existing or any future litigation or liability of the company.

If Head Office purchased a car & transferred it to Branch then what will be "Journal Entry" in the books of Head Office as well as branch.

HELLO FRIENDS,

Pls tell me about applicability of Revised Schedule VI.

Whether it is applicable for Trading Business..

I am doing job in BAJAJ SHOWROOM, trading in BAJAJ MOTORBIKE..

So pls tell me Revised Schedule VI is applicable to BAJAJ SHOWROOM..

Its urgent..

Thanks....

Have a nice Day...

Dear Experts !

I have accountant in a Pvt. Ltd. company.(Maharashtra)kindly five me reply of following que.regarding professional tax.

our company is start from Apr.2011.

1)we have deposit PT of our company employee for 1-Apr-11 To 31-Mar-12, in Nov-2012 through single challan. then can how can i fill e-return for Mar To Feb ?????

2)we have deposit our company PT for Rs.2500/- for Fy 2011.12... how will we return filling of that ???

Thanks in advance.

Regards,

Rajendra.

hi,,


Anyone can suggest me in the following situation:
Company purchased capital items for office use i.e. Computer, Printer & UPS/Battery.

Invoice 1:

Computer(2 qty.* 25000) 50000
Printer(2 qty.* 16000) 32000
UPS/battery(2 qty.*8000) 16000

In This case, Entire purchase has booked under head Fixed assets- Computer and depreciated charged @40% as per companies act
Invoice 2:

Printer(2 qty.* 16000) 32000
UPS/battery(2 qty.*8000) 16000

In This case, printer purchased has booked under head Fixed assets- Printer and depreciated charged @13.91% as per companies act
and UPS/battery under Fixed assets-Computer and dep. @40%

I need assistance on whether the company can do so...
or is there any contradiction exists with the Indian accounting Provisions.

Thanks

Badal kansal
9873471131
Email Id: badalkansal90@gmail.com

is accounting is science? including the management finance etc.

i want to ask if one invoice cotains expenses of two companies, one concern has debited whole amount, if we have to account in other concern its related expenses containing in that invoice...how should the entry be done?