Suppose the Company has a payroll cycle of 21st - 20th of every month and makes the payment on 5th of next month.
On year end - the company should provide for the salary expense of 11 days as at 31st March, 2014.
My question is whether it will be credited to Provision or salary payable?

I need to a service tax pass a entry on air ticket for domestic how should I pass in tally I need a example the gross amt is Rs. 20406/- the basic fare is 10984 tax 8980 = 19964/- ST is 106 and gst is 36/- service charges is Rs. 300/- all addup the today came to Rs. 20406/- on which amount is the service tax taken and also the abatement amount should be on which amount. please explain

Dear All

Please advise if we paid directly to Two or three models for an event and he generate a bill about 60000/- with pan no. mentioned on it. then guide me about the TDS Applicability on this with circular..

Thanks

Sir please tell me
what is the journal entry for receiving of Fixed Deposit with interest.

Can anyone please guide me about Post Graduate Deploma in Business Administration is eligible as Post Graduation for Direct Entry Scheme?

I purchased first home in Mumbai in 2008, the home loan for this property was repaid in 2010. I occupy this home.
in 2011 I purchased 2nd flat in Mumbai with a home loan, I have rented out this flat. I get Rs. 20K as rent and I pay EMI of Rs. 86K for this flat. I have currently only 1 home loan for the 2nd flat.
I have 2 questions:
1. What is the tax benefit I will get in this scenario?
2. Someone has suggested me not to pay prepayment and take benefit of interest that I am paying for this home loan.
Request your advice.
Thanks

ALok

i want to known that how to pay service tax wich form is fill while service tax paid

Hi

Sir,i am not able to find the company pan and tan number . company name is " SAGAR Ad Point ''it's address is 147,village chilla saroda opp.shekhar apt mayur vihar .

I think it is proprietorship firm . plz help ASAP.

Will there be any exchange gain/loss in import purchase if I have paid the amount in advance?

eg. Suppose I have paid 100$ at Rs.60 in advance, and at the time of invoice the exchange rate is Rs 65 per $. Now at what exchange rate should I book my invoice?
Whether @ Rs 60, resulting in no loss/gain as the amount is already paid, or at Rs 65 resulting in exchange loss, as my liability incurred at Rs 65/ dollar rate.

Kindly suggest the proper treatment as per AS-11.

my querey is regarding share allotment where one company (pvt ltd) held the share allotment money for more than 7 yrs notice has been issued by MCA stating to transfer amount to IEPF.now can we make allotment