Dear Sir

Somebody ask me a question given below. I want to know that the answer wrote by me below is correct or not.Please help me out

Question : -

X paid Rs 50000/- to Y on behalf of Z after deduction of TDS. Pass the entries in X, Y, & Z's books

Answer :-

1. Y A/c ------------Dr 45000/
To Bank A/c 45000/-

(Being advance amount paid to Y on behalf of Z after deduction of TDS Rs 5000/-)



2. Z A/c ---------Dr 50000/-
To TDS A/c 5000/-
To Y A/c 45000/-

(Being advance amount transferred from Y A/c to Z A/c for payment made on behalf of Z, TDS deducted Rs 5000/-)

Hi!

One of my client has received a some amount from Management of "Hotel Oberoi" Mumbai, as his daughter had died in terrorist attack in Nov 2008. Section 10 (10BC) exempt such kind of reciepts, if received from Central or State Govt. and any local authority. But will it exempt receipts from such public ltd company? if yes, do we have any notification for that

Can we accept stipend in Cash?

Can Letter Of Intent & contract is same?
Agreement contains the words "this LOI/cotract is enforceable till 20XX" Which Act cotain this provisions.

we have received Dyeing Bill
Dyeing bill inclues vat
Pls help me how i can use both option (tds & Vat)in tally journal voucher option

DEAR SIR,

WHAT IS THE APPLICABILITY OF SERVICE TAX IF A PERSON SUPPLY JCB MACHINE ON FIXED MONTHLY RENTAL LET SAY RS. 75000/- P.M.

UNDER WHAT CATAGORY HE HAS TO REGISTER HIM SELF??? WHAT WILL BE APPLICABLE ST?? IS THERE ANY ABATEMENT??

KINDLY SEND LINK OF DETAILED LITRATURE.
MY MAIL ID IS :

KESHAV_ARYA@YAHOO.COM

Dear Sir,

our company finished goods are operated through the C&F agents and at the yearend the commission is paying % on Turnover basis , We are entered C&F Agreement

Weather the TDS attraction under 194C or 194 H

When some imported goods are purchased on highseas basis, payment is made to the seller in INDIAN RUPEES,however goods are cleared in the buyer's name.
what will be treatment in notes to accounts particularly
1. whether to include in CIF value of imports
2. Whether to show the consumption as imported goods
3. whether to show in figures of Expenditure in Foreign currency

Dear all.
Is Insurance premium on group gratuity liable for FBT ?

Dear Sir/Madam,

I Am An Article Student. I Read In ICAI Announcement for Student that Every Articled Student Should Submit Work Diary to the Institute every Year.
What is the Work Diary?
what is that priscribed form? and Profarma of the form?
Profarma of Work Diary.

Thanks & Regards

Rajesh