tell me if proprietorship concern having turnover less than 60,00,000 for the A.Y.2012-13 what are the records he should be maintained under income tax purpose and sales tax purpose
The following list of records are required to be maintained for Excise purpose.
1. RG23 A PART-I (stock register for input) 2. RG23 A PART-II( register of duty credit) 3. RG23 C PART-I ( record of capital goods ) 4. RG23 C PART-II ( record of duty credit on capital goods) 5. PLA (ACCOUNT CURRENT) record of payment of excise duty 6. DSA (RG- I) record of daily production, despatch & closing stock
14 August 2012
Help me for finalization of accounts
Dear Sir
I did 1. Sales and purchase entries 2. Tallied vat accounts 3. Bank statement up to 31.3.2012 4. Party confirmation statement i.e. creditors and debtors ledger tallied 5. Checking cash balance positive 6. Provision of vat payable and some items are payable 7. Expenses are like telephone and electricity are shows march month payable (Provisions) 8. Audit fees and accounting charges some expenses are I entered Please help me next what I missed statutory or any other matters for finishing finalization of accounts this is proprietorship concern
CAclubindia
