Accounts QnA [Resolved]

All Resolved Open

Chandrashekar

This Query has 1 replies

11 March 2025 at 14:46

COA Mapping_GCC

Dear All,

Can you please share the Indian GL code for below expenses

Singapore GL -Description INDIA GL Account
048000 Low-Value Assets - Cost
048010 Low-Value Assets - Depn
141000 Group company receivables
147000 Receivables I/C
154000 Other Receivables - 3rd party
154200 Deposits Receivable
154201 Deposits Receivable > 1 Year
154400 Employee Receivables
126060 State Bank of India A/C XXXX - INR
126061 State Bank of India A/C XXXX - INR
098000 Deferred Charge & Prepaid Exp
161000 Amounts Payable to Group Companies 1 year
097400 Provision for Remaining Holiday
097600 Provision for Year-End Costs (Ext)
097800 Provision for Outstanding Invoices
097850 Provision for Outstanding Invoices I/C
97250N Provision for restoration obligations
081000 Subscribed Capital
082000 Retained Earnings
273500 Income from Provision Release
437607 Licence EDV Software I/C
496000 Bank charges and Other Payment Costs
498003 ENTERTAINMENT EXPENSES - DEDUCTIBLE
265000 Interest Income - Banks
220000 Corporation Tax
220099 Corporation Tax - Accrual

Regards

Daya

This Query has 1 replies

05 March 2025 at 13:39

Is added to cost of car while Purchased of car

Car No. Plate Cost,
Logistics Charges,
Accessories Charges,
Fees Paid to agent .
whether should be capitalised in caost of car at the first time

Daya

This Query has 1 replies

05 March 2025 at 13:37

Is TCS applicable on car Purchased

is TCS applicable on accessories of car if while purchasing of car and car value is Rs. More than 2 Crore.

Manoranjan Das

This Query has 1 replies

03 March 2025 at 10:40

Rent Due TDS and GST Impact

Sir/ Madam, Rent is hiked by landlord with preceding effect. Kindly advise is there any TDS and GST impact on it passing entry on current date.
Regards
Manoranjan Das