Dear Experts,
Can any one tell me what is the Life of Resistance Welding Machine Rs. 2,954,070 for calculating depreciation.
Thank you
Dear Experts,
Can a Limited company give unsecured loan? if yes
Can it give loan to Individuals / Pvt. Ltd. Companies / Directors ?
cost of an item of property plant & equipment comprises:
the initial estimate of the cost of dismantling, removing the item and restoring the site on which it is located, referring to as decommissioning, restoration and similar liabilities; the obligation for which an Enterprise incurs either when the item is acquired or as a consequence of having used the item during a particular period for purposes other than to produce inventories during the period.
primarily explaination required from "or as a consequence......"
can u please help me with subject issue
Answer nowwhile considering profit for goodwill calcuation . profit sholud consdier after depreciation , remuneartion and interest to partner or before interest and remunearation and depreciation
PROFIT 100,000
DEPRE 2000
INTEREST 3000
REMUNERATION 5000
NET PROFIT : 90,000
Which profit is to be considered 1,00,000 or 90,000
Respected All, What will be the accounting and tax treatment.... if a co operative society issues shares to its some of the existing shareholders as prize money because those shareholders have achieved the target set by the society.....in my case the society has passed the entry as :
Entertainment Exp (P & L Account) Dr
To Share capital account
Dear Experts,
In Saving Account Small Amount & under 5000 amount is Paid to Suplier Can We disclose this Paid Amount as Non-GST Purchase Only.(No in GSTR-3B)
How Many Limit value for single Non-GST Purchase Bill against single Person.
Whether can we show Dummy Name In Purchase Invoice .
Thank you......
sir
if as a company we paid some exp. and bill issued in the name of company but these exp. should be born by a vendors co. of us so can i make a sales bill for that in the name of vendor co. ?
otherwise suggest the right treatment
Dear Experts,
1 The Stautory audit firm's staff staying in the hotel.
2 The company is remitting the amount to the hotel for their accomodations
3 The hotel raised the invoice in the name of the company.
4 Now how the company can account this expenses under which group?
5 What would be the ledger name for this transactions.
Hi,
If Retailer/Shopkeeper is generating bill as Capex Reimbursement to the Shopping Mall and put SAC code 995419, Rs. 45 Lakh +GST 18%.
On the above case, is TDS Applicable, if yes then under which Sec. and can Shopping Mall can take GST Input?
Kindly give your valuable suggestion on the same.
Thanks in Advance,
Sanoj
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
Life of Resistance Welding Machine Rs. 2,954,070