13 August 2010
Hello, What is the nature of these two expense A/cs? I mean what kind of expenses are debited to these accounts? 1. Rates & Taxes 2. Fees & Stamps (does it include postal & agreement related stamps?)
14 August 2010
1. Rates & Taxes-Profession Tax on Company,Directors,Taxes like WCT,Income Tax which is expensed out instead of recovery from the contractor; 2. Fess & Stamps-Stamp duty paid on agreement,notary fees..
CAclubindia
