SCHOOL VAN FINE AMOUNT COMES UNDER WHAT LEDGER IN TALLY

Dear Sir,

I am working private limited company and our company is trader work, hence for business running purposes our owner issue gift like watch, ornament ect. and our legal adviser suggested expenses book under sales & marketing expenses,
please guide us if we booked under sale & marketing "TDS will not applicable or not" yes kindly suggest %.

May I use my individual current account for daily domestic needs payments( like vegetables clothes ration purchases)including my business transactions? I am a small business owner in a small town .

Hi
Anybody has a project cost and financial projections workings to make a decision on Takeover of another university and construction of Building.

Sir,
we purchase an e pass token ( usb token for DSC- computer acc.) recently, for Rs. 500/- . Given the fact that benefit derived from the item would be more than 12 months, i am wondering whether i should capitalise the item. Note the actual DSC ( the item that is downloaded in the usb token- shown differently in invoice) has one year validity and hence will be shown as expense

Debit note and credit note received by Purchaser or service receiver in which mode tally entey to be made by purchaser or service receiver in their books of accounts.
whether we can booked in Journal voucher mode.
Please reply

whether insurance cost to be capiotalised before instattaltion and commissioning regarding plant and macinery and building.

B ltd (aluminium manufacturer) is going to erect a plant. It is planning to outsource entire erection and commissioning work to ABC pvt ltd with following terms & conditions

1. entire expenses of erection and commissioning to be borne by ABC pvt ltd
2. B ltd will not pay any amount untill plant is ready for operation
3. After plant is ready for operation B ltd will pay ABC Pvt ltd 20 lacs every month for 12 month
4. After 12 months entire rights pertaining to assets to be transferred to B Ltd

My Query ?
1. what will be the accounting treatment of erection and commissioning expenses in the books of ABC pvt ltd - i.e Fixed assets or stock ?
2. How revenue 20 lacs every month will be booked after plant is ready for operation ?
3. when and how assets should be transferred by ABC pvt ltd to B ltd.
4. At what price asset will be recorded in the books and From which date B ltd will be able to claim depreciation ?

One developer company pays staff salaries without deducting the EPF contribution from employees. The company pays both employer & employee contributions from their bank account & shows employees' contributions which are actually paid by the employer as staff welfare in books of accounts. If this method is correct? please clarify urgently.

In business which ratios are to be maintained & what is the standard rule for all these ratios.