i am borrowing education loan from bank

what are the accounting entries will pass in tally



regards

Ashutosh
cs - excutive student

r&p account

hi everyone.plz help me in solving this query
AN EMPLOYEE IS DRAWING A SALARY OF 50000 PM...EVERY MONTH RS 5000 IS DEDUCTED FOR BOND..
THIS MONTH HE WORKED FOR NET 26 DAYS....SO HIS SALARY WS CALCULATED PROPORTIONATELY
50000*26/31= 41935 AND THEN RS 5000 WS DEDUCTED....
SO HE GETS RS. 36,935 IN HAND.
MY QUES IS WHETHER THIS METHOD IS CORRECT OR SHUD 5000 BE DEDUCTED BEFORE AND THEN PROPORTONATE SALARY BE CALCULATED ON 45000 i.e., 45000*26/31= 37742

I want to take bcom a& f admission in ignou in one year programme in pune. can tell me specific college/ center list where this admission can be taken??

How the company should prepare its financial statements (Going Concern or Non Going Concern) for the year ending 31st March 2014, if it is finalised to be sold in Aug or Sept 2014. Company is continuing its business normally from 1st April 2014 to till date and its assets are in continuous use for production of items sold by it. The would transfer all its assets in Aug/Sept 2014 and would continue to exist without any business. That is why the question to know whether Mar 2014 financials should be prepared by company on going concern or non-going concern basis.
More response please.

Hello everyone,

I have not filed tax for 2012-13 FY (2013-14 AY). The total tax payable is 0.

Can I file the tax this year?

Thanks.

Sir,
While filling TDS return for 24Q Quarter 4 in TDSMAN software. After filling the challan details, while filling employee details with Gross amount & TDS deducted on him/her, it ask for 2 dates Date of Payment:- & Date of Deduction:- For Feb 2014 Month's challan was deposited on 12 March 14, it means TDS mush have been deducted on employee on 28feb14, so according to me Date of Deduction should be 28feb14 & date of Payment should be 12mar14 (challan's deposition date), Is it correct................
By the way for what does date of payment stand ?

hiiiiiiiii

One of my client paid Tution fees for her child of 3,00,000 single payment.

and my dought is whether I can take that 3,00,000 for both my client and his wife of 1,00,000 each as deduction u/s 80C?

Sir,
Is there any requirement to issue c form in case of tax free purchases and purchase of capital goods outside the state.
pl reply.
Thank u.

If assessee (Salaried person) paid cash as a gift to his parents for more than 50000 then the whole amount of that gift shall be taxable in the hands of his parents, and assessee do not have to pay tax on that amount. am i correct?
If no then please tell me the reason and is there any loopwhole on that kind of transfer?