which entry is correct and y?
1.) P&L a/c ...........dr
TO Prov for D/D
OR
1.) Prov for D/D a/c..........dr
To debtors
and
2.) P/L a/c...................dr
To Prov for D/D
While doing Articleship i filled 102,103,112 form in 112 form i mentioned CS and in 103 mentioned B.com awaiting form IGNOU.
so can i do because IGNOU is affilated form ICAI.
Dear Friends,
Requesyed to clarify whether the follwoing allowances received from the employer is exempted from the income u/s-10:
1. Fooding allowance received @ Rs.2000 pm.
2. Uniform allowance for maintenace @ Rs.1000 pm.
Regards
Msksud
Can we issue capital to the promoters for consideration other than cash???
While calculating depreciation on fixed assets, is VAT taken into consideration?
I have given my house on Rent and done painting , small repair and fitted electrical appliances in it. can i claim standard deduction u/s 24 @ 30%
and also can i claim deduction for the amount which i have spent on painting and all apart from above deduction
Dear Sir/Madam,
We have a client for whom the trade payable is in negative(i.e. -1234). I cannot able to enter the amount in negative in Form 23AC. How can a negative amount can be entered in the form.
sir i have registered with ca ipce direct scheme, i have completed orintation program and itt training , and i have join for articleship on 15th feb 2013 .so when will be mine ipce attempt and ca final attempt if get pass in ipce .
Dear Friends
in company , there is fixed Assets , the company has given the said Assets on rent now , income side of Profit and Loss account it shows the rent income
whether the company can claim the depreciation on the said Assets as per Company's Act?
Kindly advice me
CA RIkin J shah
Cma data