Dear sir/madam,
I want to know how to maintain the accounts of distance education society i hope you would help me .

our firm is doing screening & printing of saree business.foe which we need lignite & we purchase it from GMDC.for which there an ajent who book lignite at gmdc & pay the amount on our behalf. at that time he issue debit note regarding booking charges of lignite.when we get the dilivery of lignite gmdc make bill on us and return the differance amount of booking and bill to us.now what accounting entry should be passed for above transaction.
we have credited agent's a/c on reciept of debit note & make the payment on debit note.now how to make entry of gmdc bill. pls help me.

Sir,
We had made accounted for excess TDS in tally and after receipt of refund, we are lef with Excess TDS balance. We want to book it as our income, Is that possible ?If yes what would be the journal entry fr dt

send me due date of all taxex in india
and what is C, D, E, E1,E2,F,H, ET.. WHAT IS MEANING SEND ME ANSWER

dear sir,
before two year i had crated my broker a/c with op.balance of rs.25000/- but orignally it was 0 rs.in this year i want to correct my entry.so what entry i have to pass in tally?

Sir,
How will we maintain share f&o account in tally.

Is there any compulsion to pay salary to the Director of the company? If yes, then what will be the percentage of TDS deduction in this case?

question

1.what is the account treatment for interest payable under income tax U/S 234 B & C
2.will interest charged u/s 234 B & C be treated as indirect expenses or provision for tax?(company or Individual/Firm)

Dear All,

Kindly explain the method to fix Selling Price of Spare Parts.We are a dealer and import spare parts from abroad and sell locally .Exchange rate are increasing monthly.We use FIFO method for Inventory Valuation.Is this method correct .Secondly, How do we set the selling price

Example supplier price Euro 120(CIF) x 70 INR =8400
Import duty and others 30% = 2520
Profit can be charged as per supplier instruction-30% on supplier price-2520
Order cost per order - 1200
Estimated orders per year-20
Estimated Purchase- 2400 Euro
Administration expenses-30,000
Estimated sales -100,000

How to price items.Should we include any other items in cost calculation

as per revised schedule-vi,under which head of balance sheet the following items will be shown and why..?
1.premium on redemption of debenture?
2.loss on issue of debenture?
3.discount on issue of debenture?