TUTION FEES IS ALLOWED BE CONSIDERED FOR DEDUCTION U/S 80C. MY QUERRY IS WHETHER TUTION FEES PAID FOR NURSERY CLASS(PRE-SCHOOL) IS ALLOWED AS DEDUCTION?
Question : Whether the excise duty is applicable on Ready Made Garments or Semi-Stitched Garments?
If Yes than what be the rate of duty:
If No, than why so & if there is any notification in this regards, if yes please provide me the same?
Please reply as soon as possible
I want to know which Accounting Standard is applicable for recognising revenue in case of a Civil Contractor - AS 7 Construction Contracts, or AS 9 Revenue Recognition.
The individual is engaged in pure civil contract works, which includes, Painting, renovation, Repairing etc of Buildings, Flats, etc, and specifically does not include Construction, or Redevelopment projects.
Para 8.3 of AS7 mentions that
"Contracts for rendering of services which are directly related to the construction of assets" are to be classified as Construction.
The question that arises here, is that whether a Civil Contractor can be covered under AS7 on the basis of the above-mentioned grounds or not.
Please reply quickly, THANKS IN ADVANCE!!!
as a transport corporation we collect prepaid tickets. if the prepaid tickets sold for april of the next finacial year then we are accounting it as income received in advance.
auditor says that on acrual basis there is is no accrual. as the amt is received
that can be accounted in the finacial year in which it is received.
is this correct
where can i get the guidence note on accrual basis of accounting
Hi
Ours is a Pvt Ltd Co., Can we claim Education Loan given to employee as Business Exp or can we shown as Donation to Employee for education purpose. Amount is Rs.100,000
pls with any case laws
I have few quetions related to TDS, please give advice on the following quetions.
1. If TDS is inadvertently paid for wrong AY then how can it rectified? Can it be used for filing in correct AY return even if in challan different AY is mentioned?
2. If TDS of different sections is paid in total one challan, then can it used for filing TDS return showing different deduction (under different section).
3. If TDS of 2 AY is paid in one challan then can it be used in both AY tds return.
Thank & Regards
Our company is paying professional fees on behalf of a staff. It is treated as a loan and would be recovered from the staff. Should the company deduct TDS on the professional fees paid on behalf of the staff. Please advice.
Dear experts
i wanted to view public documents online of a particular company for which i have visited mca.gov.in website and there i was asked to pay Rs 50/- online to view the documents, even when i paid the same and got the payment receipe and SRN number, iam not able to view any of the docs. could you please let me know whether we have to take this payment acknowledgement and view the docs physically at ROC or is there any problem with my computer ( my system has got Java enabled and later IE browser ), or is there any problem with the Ministry itself.
thanking you sir
and awaiting your reply,
In financial account how will we treat the excise figure ie.RG register capital goods input& Credit taken.Please give the details with journal entry.
We deduct TDS on advertising contract @1%. Say, our office has given a advertise in Assam Tribune News Paper.
If Assam Tribune directly submits their bill in our office shall we deduct tds in that case.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Deduction U/S 80C