What should be the accounting entry for short payment received from sundry creditor, which he is not likely to pay at a latter stage as well

I have completed my CA Inter and I have completed my articleship and still couldnot clear my Final exam. I want to do some job. Which field will be better for me and if there is reference pls do reply.........

Hello.

An assesee runs a business as a semi wholeseller in color paints. the accountant has not written maintained the savings account of the assesee, wherein he is a joint a/c holder with one of his relatives. Neither the savings account has been disclosed in the assesee's books.

the other joint holder runs the same business on a very minor scale through the same savings account. He has filed his ITR.

the A.O has added back all the cash deposits made during the yr in the savings account and taxed in the hands of the assesee. Does the assesee has an eligible stand. Is the A.O's order correct ?

I need to discuss.

dear sirs
can i filed return today for ay 2009-10 because of there is my tds rs. 130000/-

Hi I want to know that one of my client is putting independent feeding electricity line from main line till factory site at our own cost. My question is can they avail the cenvat on the goods used in putting the feeding line under capital goods?

regards

Dear Sirs,
My client in Maharashtra is going to purchase POCKLAND Excavator machine. This machine will be used for excavation/digging of land of builders/land developers/infrastruture developers. He will provide service but the entire control will be in the hands of the employees of the owner(my client) of the machine and fuel/maintenance expenses will also be borne by him. My query is that under which service catagory the above service falls. Also please advice me whether Maharashtra Value Added Tax will also be applicable or not.

Am an employee of a private limited, am staying in a hostel and paying monthly hostel fee of Rs. 1500. But my parents staying in their own house in another city. while calculating TDS on my salary, shall i take hostel fee paid as rent paid?

Please help me as soon as possible, on 31.01.2012 my HR will deduct TDS on my salary.

Dear sir, Pls guide me
Employee has 2 House Property

Intt. Repay Prin.
H.P. 1 1.25 Lacs 0.15 Lacs
HP 2 0.80 Lacs 0.20 Lacs
------------------------------------------
2.05 L 0.35 L

Que 1) While issuing form 16 what amt i should considered as LOSS FROM HP., as employee has not submitted me details of Rent received from H.P. ?

In the absence of Rent Receivable/notional rent can i show Rs. 2.05 L as loss from HP.
& Rs. 0.35 Lacs as principal repayment.

Pls explain me in detail.

Thanks:

RD

Hi
My CA Final attempt is in Nov 2012.

Based on past experience can you inform me whether IND AS and Revised Schedule VI can be made applicable in Nov 2012 attempt?

ICAI has announced that they are not applicable in May 2012 but is silent about Nov 2012.

Thanks

Subsidy is received on setting up plant in backward area, so is this subsidy a capital receipt or revenue receipt?
What are its tax implications?