Kalidass
02 March 2016 at 19:24

Return of income

Mr. x filed his rerun for the financial year 2006-2007. After that he did not file his return of income upto this year. Now he decides to file his above pending returns. cam he file the pending returns? Please note that his last return was by e-filing online

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abhishek kankaria

Dear all, please clarify the below point in my salary break up,around 6000 is employer contribution to Pf and same is mine , my doubt is that amount is will be consider as non taxable income or the employee contribution only the non taxable income ?

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student
17 February 2016 at 16:07

Fixed assets

I have purchased 5 fans for Rs.2300/-each for office on same date.Do I have to create different ledgers for fan's under fixed assets or a single ledger?
Also show how I make the entry?

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jayesh
17 February 2016 at 15:38

Tally account back dated entry in tally

Dear Sir,

I am Internal auditor. the company is using Tally accounting package. How can I find the back dated Journal voucher entered in tally.
The accountant as passed JV of 18TH Nov 2015 in current date. But he is telling that he has passed in Nov 2015 only. How can I check on which date the JV was passed by the accountant in Tally.
Please guide me.
Thanks
Jayesh shah

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CA Ankith Jain
15 February 2016 at 16:06

Why opening and closing stock

Dear all, a very simple question, can anybody tell me why opening stock and closing stock are considered for deriving profit? Ex: sales closing stock-opening stock-purchases-cost=profit. Whereas actually the profit is sales-costs.So why stocks are considered?

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syed kalimuddin
14 February 2016 at 10:12

Dividend

As per AS 9, Dividend should be recognised as and when right to receive dividend has been established. In D.S Rawat book Right to receive establishes when dividend declared.., but in PM when it is approved in AGM.. Please clarify !

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nikshit jain
05 February 2016 at 13:36

Tax applications for hotel

Dear Sir / Madam, we are in to the hotel business providing service of short term accommodation services. I just want to know, 1. What vat rate is applicable to us ? & on what amount? 2. whether luxury tax is applicable on room rent including complimentary breakfast or only on room rent? 3. whether service tax is applicable separately on room rent & food bill with taxable portion 60 % & 40% respectively ? Please help asap.

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Ranjit
05 February 2016 at 00:48

Cheque bounce

What is the journal entry of bounce cheque with bank charge in tally .erp9???

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bhumika
04 February 2016 at 02:16

Articleship completion form

what is the procedure if 3 days excess leave has been taken during the period of articleship. i submitted my completion form as per ICAI norms but when i received completion letter from icai, it shows 3 days excess leave, now what procedure j should follow to get my completion letter. please do the needful.

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Kunal
04 February 2016 at 00:04

Secured loan

if secured loan taken from bank but it skip in balance sheet...what will happen or shown only 50% amount of the loan..is it valid

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