Dear All
Is it possible to capitalize an advance (Incl GST) amount with out RA bill in case of construction contract ?
What is bank Gurantee and how to make its journal entry.
what will be the adjustment of Custom Duty Paid against import of fixed Assets or Recenue nature expenses.
Can NRI be the second account holder of a joint resident savings account where the primary account holder is a resident? If so, are there any limits on the number of such accounts?
Dear friends,
We are a domestic Pvt Ltd company engaged in Manufacturing. We already have a (wholly owned subsidiary) domestic Pvt Ltd company. We are going to set up a new (wholly owned subsidiary) company in Dubai for manufacturing similar product, as produced in India. During next year the same will be operational.
I seek your valuable opinions on preparation of FS for FY 25-26 / applicability of Ind AS. Whether: -
1. Ind AS will be applicable.
2. It will be applicable on single or Group companies.
3. Do we have to prepare 2 sets of FS (one as per AS & other as per Ind AS)?
Thanks in advance.
We paid a party Rs 2,80,000
How to Write Off in Tally? What will be the Impact of Income Tax?
Bank Account Dr.1,09,094
To Accrued interest 8642
To Interest Income 452
To FDR 1,00,000
Here what is meaning of Accrued interest
what is method of calculation of ESI and what is rate and Limit to Deduct ESI for employer and Employee
what is meaning of accrued interest on purchasing /selling bonds and debentures
How to make journal entry for shares purchased in non listed company
when Paid Rs. 10 Cr. on dated 12/12/24
and when to alloted of shares how to make journal entry and also which date share alloted how to know.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Capitalization of advance (Incl GST)