can u tell me procedure of calculation of advance tax ...

As per AS 11 in the case of an integral operation the Depreciation expense has to be converted at Average Rate while the corresponding increase in the provision for Depreciation account has to be shown in the balance sheet at historical cost converted at the date of the transaction. This bring my attention to the problem that on the same transaction, because of use of different exchange rates a difference arises... can anyone suggest how to deal with that???....

why the reserves are not taken while calculating the net asset value(n.a.v)on fair value of the assets.

pleaze provide me salary sheet in excel format for private limited company.

my e mail id is
cagovindsharma11@gmail.com

In the SAP how future?

Dear Experts,

We are engaged in Retails Business, we are importing goods from China and distributed in local as well as in india. Now we are tie up with the most retails web Like Ebay,Home Shop 18, Naaptol Bazar Etc. they are generating leads and we provide sales and service they are Charging Brokerage on the Product. Normally in online sales they cover the amount from Customer through the credit card, chq,Neft Etc. Example MR. A They Required Some Product. Naaptol Gives Order To Us and we dispatched the material to "A" He give confirmation of delivery. After that Naaptol Co. Remit The amount through "PAISA PAY" But when we received the amount paisa pay charges 3.5% on 1 Transaction of any amount like
Bill Amount 1000/-

Paisa Pay 10/-

Received 990/- in Our Account so what entry passed on Rs.10 in our account and Tds Is Applicable or Nor IF yes than Which Section what %

respected sir/ma'am

A builder who has taken land from landlord on a condition that after completion of construction 40% flat would be given to the landlord and remaining 60% flats would be sold by builder.
Question is that whether above transaction would be covered under AS-7 and how would be profit recognised in the books
kindly help me

Goods given to employees as free of cost what will accounting entry
e.g a mobile co gave mobile to staff free of cost what will be accounting treatment ?
& what will be accounting entry for stock whether it is shown as sales & if yes what will be the price ?further mobiles given whether it should be included in the salary ie consider as perxs

what should be the treatment in tally if we have made short provision of tax when we have paid a higher amount than that
e.g we have made provision for tax of rs. 810 and real tax liability which we have paid is Rs. 1980
can we adjust it from short & excess


in addition i want to ask whether we enter mat credit in tally as one of my friend tell me that mat credit which we claim can be entered in tally
e.g as income tax liability is rs. 810 and mat is 1980 so can we entered it in tally as
Provision for tax Dr. 810
Mat credit (A.y. 1213) Dr. 1170
bank 1980

sir a private ltd company invested rs 1000000 in fixed deposit in bank for 13 th month. after maturity the amount the company get on fixed deposit is rs 10,95,000. can u tell me the entry in accounts in this year and also in next financial year ... the date of fixed is in NOVEMBER 2012. and maturity completed in december 2013 . what is entry in books of accounts rate of interest is 8.75%.pls assist...