Sir,

We are a pvt ltd co. Our employees claim HRA benefit based on rent paid by them & receipt submitted thereof.

I want to know, what is the employer's liability regarding the rent receipt if the rent paid is actually 10000 or more ?

Do we need to collect the PAN details of landlord also from our employees ?

Pl reply & oblige.

Subhash Jha

Hi, i want to know bout all the accounts which should be maintained by a small private ltd co.(IT co.). whether audit is necessary, where the accounts/books needs to be submitted, by when???, etc.

Can any one tell me about the definition of shifts in terms of working hours.

Whether 8 hrs= single shift

What if our company is working for 12 hours in part year.How do we considered it either double shift or single shift.

What will be the depreciation rates for machines for the full financial year 2008-09 if the above fact is considered?

Whether we have to calculate depreciation separately & proportionately for day wise and shift worked?

Please guide me

this is the ques of ratio , please provide me all the figures used in balance sheet .
because meri balance sheet match nahi ho rahi , please help me its very urgent .

the question is

fixed assets/turnover ratio (cost of good sold ) 2
debt collection period 2 month
current ratio 1.5
debt equity ratio(total debt/quity)0.6
curreent liabilities to net worth 0.8
reserves to bank balance 4
consumption of raw material 40% of cost of sales
stock of raw materials 3 month consumption
stock of finished goods 15% of cost of sales
bank balance 1/30of sales
fixed assets 600000
gross profit 1/5 of sales

please help me to solve this question .

thanks in advance

can a partner bring a liability in a firm ...with assets.


for ex. a partner has taken loan to purchase a land for hotel in individual name .

for project finance can we take the loan as firms liability as assets taken by firm on which liability has taken.....

I am having a practical Question that if any person (A) having a joint bank A/c with his wife (B).

(A) is husband and
(B) is wife

If A doing a business and all his business related entries was come in his joint bank A/c,

and

B receive one chaque from her friend amounted Rs. 4,30,000 in her joint A/c and she (B) paid that amount to purchase a house property. The house property was on her name.

My Question is how should i entered in to Mr A's A/c. Mrs. B's accounts was not being written, because she haven't need for it.

I am having a practical Question that if any person (A) having a joint bank A/c with his wife (B).

(A) is husband and
(B) is wife

If A doing a business and all his business related entries was come in his joint bank A/c,

and

B receive one chaque from her friend amounted Rs. 4,30,000 in her joint A/c and she (B) paid that amount to purchase a house property. The house property was on her name.

My Question is how should i entered in to Mr A's A/c. Mrs. B's accounts was not being written, because she haven't need for it.

hey frnds
jst wantd to know wht is d importance of Bill of Lading. if poss explain me with 1 eg...
thanks in anticipation

Regards
Sangita.s

This is Neha Jain CA Finalist (Old course). I m in 3rd year of my articleship. Pls tell me how many total leaves I can avail during articleship. Is it 138 something or 180.
Thanx in advance.

Dear members..



I want to know about capital gain tax. Is there any specefic website or any basic guideline anywhere. If yes tell me.





Thanks in advance