my company purchased 3 room heater of 4355 each..kindly let me know the accounting treatment..

We have some imported goods. and the question is whether to apply exchange rate as per rate specified by RBI or as per rate specified Bill of entry. Kindly specify the provision and Act if possible.

Thank you

Dear,

My Boss has paid a deposit of amount of Rs. 60,000.00 while entering into a Rental agreement (Commercial Property).

How should I treat this. What Should be this entry.

Dear Sir,
I am director of a company can i work without pay for 2-3 month in my company as a director
due to my company is in loss and my salary is RS 150000/- so there are a provision for tax deducted at source and i dont want to pay TDS
is there any provision?

PURCHASES - RS.100000
DISCOUNT - RS.10000
CST @1% - RS.900(ON NET PURCHASES)

Please define what should I do so that the CST is recorded @ 1% on RS.90000 and not on Rs. 100000. Manual filling on Rs.900 is also not working.

Thanks.

Dear,

My Boss has taken an Insurance policy for which he pays a Premium of Rs. 100,000.00 in FY.11-12.

the entry posted by the previous accountant was as follows:

Dr. Insurance Investment 1 Lac
Cr. Bank Acct 1 Lac.

Please advise if correct.
Also, the entry for this to be transfered to Prop. Capital acct will be ???

Dear Experts,
Kindly suggest me books for self study on accounts & SFm.I'll be appearing for May 2013 CA Finals.

Also is there any free video classes online one can depend on?

Thanks in advance

dear sir,

please clarify the following

can we show deffered tax(asset/liability) and provision for tax together in the balance sheet,and pls clarify me

how prov for tax and DTA/DTL will be adjusted at the year end to show in the balance sheet

Dear Sir

Our bank negotiate our inland LC and charged negotiation charges and interest on usance period

let me know that tds is applicable

also let me know that applicability of TDS on monthly interest charged by bank on working capital limit

SIR,
KINDLY TELL ME, WHETHER WE HAVE TO CONSIDERED BOTH COMPONENT - DEPRECIATION OF VEHICLE AND INTEREST OF CAPITAL EMPLOYED IN THE ESTMATE OF HIRING OF VEHICLE.