Our company has purchased 50 Laptop vendor has raised Invoice for the same,However at the same time he has raised separate Invoice for AMC of these Laptops for 3 Yrs,Now my question whether the AMC amount needs to capitalised since it is happening at the time of procurement of Laptop ,likewise we capitalise the Insurance amount of Vehicle at the time of purchase However the Insurance amount is for 1 Yr?

Uploading ECR with new rules but getting error "Error RFE-33 (EDLI Wages): EDLI Wages can't be greater Rs. 15,000/-. found on line numbers: [1, 2, 3, 5, 8, 9, 10, 14]
Error RFE-25 (EPS Contribution): EPS Contribution must be 8.33% of EPS wages (plus an additional 1.16% for POHW cases). found on line numbers: [1, 2, 3, 5, 8, 10, 14]
Error RFE-37 (Employer PF contribution): The Employer PF contribution must match the difference between the Due EPF and Due EPS contributions calculated on wages. found on line numbers: [1, 2, 3, 5, 8, 10, 14]"

Dear Experts ,
While filing our TDS Q2 return through the new TRACES portal, we are receiving an error stating that mandatory responsible person details are missing.

We have already updated all the required Contact Details, Correspondence Address, and Authorized Person Details. However, the same error persists, and we are unable to proceed by clicking Submit.

Kindly resolve this technical issue at the earliest to enable us to file our TDS return.

Thanks & Regards
Ch.Siva Nageswara Rao

Hi Everyone,

Can anyone please share the new EPF ECR file/template for September 2026, applicable from 17th September 2026 onwards, after changing the EPF wage ceiling from ₹15,000 to ₹25,000?

I am unable to download the new ECR file from the EPFO portal. If anyone has the latest ECR format/template, kindly share it.

Thanks in advance.

Dear Sir
Let me Know what is Purchase Entry Passed in Books of Account.

Thanks

Can it possible to Capitalize in intengible asset as it used for Research and Development purpose

My name is BASAVARAJ VIRUPAKSH BENGERI
BUT IN CHECK BASAVARAJ VIRUPAKSHA BANAGERI DOES IT CLEAR AND CREDIT AMOUNT IN MY ACCOUNT

In coop housing soociety in maharashtra how should a coop housing society treat The amount depreciation which is a non-cash operational expense in its books of accounts in income and expenditure statement

1) prepared an Excel bank entries template
2) created all required ledger accounts in Tally
3) created Tally mapping template in Tally
4) imported all bank entries into Tally successfully
5) when Alt+R is pressed unreconciled bank entries should be seen. but they are not seen.
6) therefore, manual bank reconciliation cannot be done
7) Tally shows them a "Available only in books"

Kindly suggest a solution to this issue. Thanks!

What would be correct journal entry for the office rent business expense paid through savings account of proptietor ?