Dear Expert,
What are the requirements to be fulfilled by an pvt ltd company regd in karnataka to deduct and pay professional tax?
Also, incase of employing an employee, whether the company has to intimate any govt deptt about his employment or needs to get him registerred under any law?


Thanks in advance.

I am maintaining record in tally without using TDS Option.
Mistakely I have deposited March 2013 TDS and April - 2013 TDS in one challan.

How should i rectify this.

Dear Sir,

we have more than 4 FD Accounts and they will be matured on next accounting year and for this accounting year ends on 31-3-2013 so accrued interest on all the above fd accounts to be passed in my books along with TDS.
please check this entry is correct and if it is not so then please make correction and guide me.
1)Accrued interest.....Dr(Current Assets)
Interest on FD ........Cr(Income)

2) TDS Receivable.....Dr
Accrued Interest.....Cr

Hi Experts here.....I want to know good books for CA Inter i.e. CA IPCC for various subjects such as accounting, audit, law, costing, financial management... and so on...please help me....

Hi expert,

Im working in BPO my shift timings is 3.30 to 12.30, im doing ICWAI inter going to write both group in dec13. im not at all having time to sleep properly feeling too much tired, spending only 2hours in home. In that i want to study in tired. Please advise me i want clear both group in dec13 itself.

hello all,

i wanted to know the point of service tax lievy for the following transactions( selling space or time for advertisement)

1) ad hoarding service was given for the month of april may and june 2012 and invoice raised in july 2012

2) hoarding service given for the period june july and aug 2012 and invoice raised in aug 2012

for both payment done in aug sept and oct 2012 in parts

please do reply

we are selling our old plant and machinery from agra to dehli,

what will be tax rate will applicable upon this transaction and whether we can issue tax invoice. party ready to giving C form

In my payroll some employees have negative salary payable(net pay) because of notice pay and some other recoveries. How can i record journals in books.

Can i debit receivables from employee a/c (under current asset) and credit notice pay recovery?

I am karta of my HUF. Another members of my HUF are my wife and 1 year old daughter. I have bank Fixed deposit of rs. 4 lac in HUF name. Can I withdraw Fixed deposit money of HUF and repay my personal home loan? Please guide.

What do you mean by Single Shift depriciation, double shift depriciation, triple shift depriciation ? Also let me know while maintaining Fixed Assets Register of the company which method is used SLM or WDV....?