i want to know how to do purchase accounting entry in tally 9 with the new local body tax has been applied for 1 july 2012 in maharshtra state as lbt is directly to be levied on gross bill amt i find diffcult to do the accounting entry for eg if bill is of rs 20,000/- then netvat 15,000 vat 5000 total is 20000/- on that lbt tax is 2% that is 400/- if i do entry like i am doing vat entry then my gross bill increase to 20,400/- which should not happen our bill should remain to 20,000/- and also lbt colum should reflect in tally purchase register other wise i i have to export purchase register in excel and the do lbt tax colum manually please advice

Dear Experts,

Kindly reply to the below mentioned query.

What is the remedy in the following situation to XYZ Pvt Ltd & to ABC Pvt Ltd.;

TDS deducted by M/s XYZ Pvt. Ltd. but was wrongly deposited with PAN/TAN of M/s ABC pvt. Ltd.

Hi,

If limited company pays the building rent for the month of Sept, October & November 2012 in the month of December 2012 then what will be the tax implications.(i.e TDS and the time of TDS deposit)

hello

i want to know if the hospital is given to GP doctor for patient prescribe to the hospital , and hospital given if the payment of Rs 60000 for the period, is the payment given to doctors should deduct the TDS, is it complusary to deducte the tds, or any other way to book that payment

Dear Expert,

Could you please let me know how can i freeze a voucher number in tally so that if any entry is made in post date the voucher number of earlier entries does not change.



Thanks in advance to all experts for there reply.

Dear Sir,
In many cases of AY 2012-13, cpc has not given the benefit of 80C in the intimations u/s 143(1), which was claimed in returns. Now I have to file rectification, which is a time spending and and a teadious task.

I dont understand why cpc making such mistakes.

Hi, I have tried old trick to turn off my Citizen CT-500 calculator, Divide+Multiply+Percentage+Check+Correct+Correct, but it does not work, can anyone suggest any other KEY Combination to Switch off Power Supply to SAVE BATTERY, which I have recently replaced.

Thanks

In case of REVERSE CHARGE,

Can abatement be claimed by the service receiver in case of GTA service i.e. pay 12.36% on 25% of taxable value, if service provider is claiming cenvat credit of inputs????

Hiii,

I want to preapare Board Resolution (BR) to get corporate e-banking facitlity with State bank of India for my company,

Our company director are from Malaysia. bank manager told to me get Board resolution sign by director & to be duely attested by Indian Embassy/High Commission or Consulate in the country where applicant is located or certified by Apostille.

is it necessary to attested by Indian Embassay or High Commission or Consulate of that country where applicant is located, Please advise

Regards
Sandesh

Dear friends & Respected sir's



recently i filed my income tax return

i have not entered ward circle automatically it has taken but i think that it has taken wrong

what i have to do ?

is there any thing wrong?