Swapnil Tayal
This Query has 3 replies

This Query has 3 replies

09 July 2012 at 20:48

Ratios

Hello Sir,
I want to know which ratios banks consider for sanctioning Cash Credit Limit and what are the standards for those ratios.


Athar
This Query has 2 replies

This Query has 2 replies

I m working as Ass Accontant in UK . I m sponsored by X Co. but m working for Y Co ( sister Concern of X co.) both are proprietor ship firms. my question is my salary is paid by Y co. Can i treat my salary as Expense of Y Co rather than Showing Intercompany Transaction?? Would like to know abt this situation in the light of IFRS. or Indian GAAP. writh some ref

Thanks & Regards
Athar M Parkar
Itlia Groups Of Comapanies
UK


KARUNESH JHA
This Query has 2 replies

This Query has 2 replies

09 July 2012 at 16:04

Entry of import bill

a bill imported from china of usd 9280 but payment was made from hdfc bank of 20000 in advance so what rate of dollar will be used to enter purchase amount rate of invoice date or rate of fund transfer date



Anonymous
This Query has 2 replies

This Query has 2 replies

09 July 2012 at 15:57

Tcs

TCS will collect on every scrap of sale?&it's only for manufacturing company or for all ?



Anonymous
This Query has 2 replies

This Query has 2 replies

09 July 2012 at 15:29

Tds on fd

What will be the entry of TDS on FD?
Shall I enter it in the capital A/c?
And if I enter it in the capital A/c, will there any problem??
Guide me...



Anonymous
This Query has 1 replies

This Query has 1 replies

Dear Expert,

pls tell me how should I present Profit & loss account as per Sch. VI...

Revenue from operations Gross :

1.should I add Vat amount on sales of goods made or it should be net of Vat... as vat is not revenue for us.

2.Same in case of Revenue from Services ... Amount of service tax to excluded or not.


Sukrut Rajhans
This Query has 1 replies

This Query has 1 replies

08 July 2012 at 15:34

About the turnover

Hello everyone,
I want to ask that Is it necessary to match turnover that will appear in 26AS?
Bcos we take tax deducted at source refering to form 26AS.so what should we do if client does not provided sales record properly?
what points should we considered while doing tax audit? what adjustments we can do?


Sanjay
This Query has 2 replies

This Query has 2 replies

Respected Members',

Is there any difference between the terms named 'Sales','Turnover' and 'Gross Receipts'? If yes what are they?

Please suggest...


smit sharadkumar dave
This Query has 1 replies

This Query has 1 replies

07 July 2012 at 19:11

Interest on tds

IF any expenses is booked in the month of may on which TDS is deducted and required to be deposited by 7th June ,which i forgot to deposit and now i would like to depoist by today i.e. 7th july . so should I pay 1.5% interest or 3% interest on Such TDS


CA Saurabh Shukla
This Query has 1 replies

This Query has 1 replies

07 July 2012 at 18:35

Rev. sch. vi

In last year there is preliminary exp. and preoperative exp. in balance sheet.

In current year, we fully w/f it in P&L as per AS 26.

Where we will show it in Rev. Sch. VI in P/Y Column.

Is it is prior period item?






CCI Pro



Answer Query

Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details