Respected Experts, If a energy drinks proprietorship hires a salesman on salary and salesman go to different cities to sell energy drinks. and the firm gives him cash for 150 for lunch and 300 for fares. I want to know how this 450 shown in expenses. and what vouchers are required for this purpose to be maintained by firm should the firm required signed the voucher by salesman when they give him cash and what is the journal entries for this expenses
[21/04, 6:35 p.m.] B VINAY REDDY: To give advertisement in news paper client approached some consultancy services
[21/04, 6:36 p.m.] B VINAY REDDY: They charged service tax on one invoice ( relating to adv on eenadu paper ) & they didn't charged service tax on another invoice ( relating to adv in Namasthe telangana ). Both invoices are raised on same dates and ST reg. No is also mentioned on both invoices But why they charged ST on one invoice and they didn't charged on another
respected sir,
it is announced that last date for gst migration is 30 th apl-2017.but what is the meaning of migration. whether it is just registering provisional id with gst website or getting ARN after uploading all required documents using dsc.
please discuss.
thanking you
respected sir,
it is announced that last date for gst migration is 30 th apl-2017.but what is the meaning of migration. whether it is just registering provisional id with gst website or getting ARN after uploading all required documents using dsc.
please discuss.
thanking you
winning a car in lottery worth RS 456150 and tds has been deducted of RS 136845 and the person who has won the car has to pay the tax Amt as well as insurance and other charges aggregating to RS 269766 what should be the accounting treatment and tax effect of it
ASSEESEE SALE PLOT (LONG TERM) AND WANT TO BUY A RESIDENTIAL HOUSE. ASSEESEE HAVING ALREADY A RESIDENTIAL HOUSE AND WANT TO BUY ANOTHER RESIDENTIAL HOUSE.
WHETHER ASSEESEE CAN CLAIM EXEMPTION UNDER SECTION 54 OR NOT ????????
ASSEESEE WANT TO SALE PLOT (LONG TERM) AND WANT TO BUY A RESIDENTIAL HOUSE.
ASSEESEE HAVING ALREADY A RESIDENTIAL HOUSE AND WANT TO BUY ANOTHER RESIDENTIAL HOUSE.
WHETHER ASSEESEE CAN CLAIM EXEMPTION UNDER SECTION 54F OR NOT ????????
Hi,
As revenue expenses are not allowed of Rs. 10000/- per day. I have following query regarding this:
1. Can total payment made to different parties above rs. 10000/- in a day? For ex. diesel purchased of Rs. 6000/- and stationery purchased of Rs. 5000/-. Or
above condition applied on a party only for ex. petrol purchased of Rs. 10000/- and stationery purchased of Rs. 10000/-
2. can cash payment made to any supplier above of rs. 10000/-, and less than Rs. 2lacs in a day?
Dear Experts Kindly help me
if a salesperson is getting
Basic salary= 8000 pm ( annual= 96000.00)
Da = 5300 pm ( annual = 63600 )
Hra = 4600 pm ( annual= 55200 )
Incentives= 2500 pm ( annual= 30000 )
Reimbursement of Conveyance Charges = 10511 pm ( annual 126132 )
His monthly Income= 30911.00
His annual Income is= (96000+63600+55200+30000+126132) = 370932.00
Less: Reimbursement of Conveyance Charges = 126132
Net Income = 244800.00 annual
Q No. 1 = Should we deduct TDS from his salary?
Q No. 2= As he is getting 30911.00 per month, can we pay this amount in two parts like one cheque of rs. 20000.00 & second of rs. 10911.00
Is there any rule to pay total amount of salary in one cheque?
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
Regarding travelling expenses