Hello sir, please explain:- " the inventory a/c might be changed to bring them in line with the actual number counted during a stock take, at the same time, the expense a/c associated with the usage of inventory be adjusted by an equal and opposite amount." Q) what do the mean about an exp a/c associated with inventory here ? Q) how can inventory be adjusted with the expense account ?
Pls explain in detail.
Thank you.

sir
I am a hindi mistress in dev samaj sr. sec. school moga. sir i received arrear installment of40% near about Rs. 88060. my employer deducted tds Rs. 8806. Balance amount 79250 the employer said you purchase Nsc of Rs. 39625. but he deduct our tax. then Nsc purchasing must or not plze remove my confusion

Hello sir, please explain:- what are transactions and events ? What is the difference between them ? depreciation and last year's brought forward balances are transactions or events ?
Thank you.

What is a sales ledger ?

What are daybooks ? Pls explain in detail.. And is sales daybook similar to a normal sales book in which credit sale of goods is recorded ?

Dear Experts ,

Please reply my query that if a Sales tax registered deals falls in category of quarterly Return under Dvat & Cst to file. Suppose he sold the goods in Jan 2013 Under CST @2% agst C Form to purchasing party ( state sales tax rate @5% on that item)and filed Dvat & Cst return (qtr- Jan-Mar 2013)in April 2013 as per scheduled time and later on in middle of Aug 2013( after six months of sale date) say purchasing party to whom goods were sold return the goods of full value of half of the value . whether in this purchasing party will issue C form to the selling party and whether Sales Tax return to be revised of Jan-Mar 2013 or not. what treatment of sales return to be made in sales tax return(s) in which year and in books. Please reply.

Anil Jain
9312640067

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=596003

Dear experts pl clarify the following, one of the wefare society for lic agents,is holding the PAN, and it is having the deposits in bank on which the interest is earned and TDS is deducted, The accounts for the year shows the net profit of Rs.150000/- including the interest on deposits Rs.45000/-other income being the subscriptions from members.
Now what is the taxable income.

Anyone can help me in this regar

We are a partnership firm which provides services to different corporates. We had billed on last December for which the payment is to be made now. In the mean while we have registered ourself with S.Tax authoritiy.

P/l advice the payment to be received attracting S. Tax.

Regards,

Sakil

1.service tax provisions for due date for payment of service tax?
2.time limit for payment of service tax?

will the reply to above 2 questions will be same or different. and if different then what?

what is limit for service tax payment for on-line?