hi experts
one of my client contructing builnding, He paid around 8 laksh to contractor for contruction it wll be completing on 28.7.2009. My question is

How to entry in capital work in progress in tally. Under which grounp i have to create and after completing contruction of building How to capitalised the enty, pLS Provide me Journal Entries in details, thanks in advane

hi experts
How to entry in capital work in progress in tally. Under which grounp i have to create and after completing contruction of building How to capitalised the enty, pLS Provide me Journal Entries in details, thanks in advane

SIr, the assessee has purchase the property from builder in 61 Lakh.As per agreement assessee pay the amount Rs. 5Lakh on 5/8/06,41Lakh 5/9/06 & balance 15 Lakh after completion,but before completion builder failed to construct & assessee has not pay him 15 Lkah, the assessee sold it to other for Rs. 85 Lakh Mode 10Lakh 23/08/08,12Lakh 03/12/08,33Lakh on 14/02/09 & 30Lakh 31/05/09. So kindly suggest me that income is bifergated in 3 Yrs or this income is of 1 year & how many Tax Liability on assessee.

vi

pl provide process flow chart on scrap sale.if some one has?

If two or more ca firms make a network for better functioning of profession, then

Q1. How the network would be assessed under Income Tax Act.?

Q2.What will be the TDS and Service Tax implication ?

Q3.Who will sign the report on behalf of the network?

Q4. How the DEED would be prepered?

A Company has a Foreign Currency loan but the repayment is being made by a bank in India subsequent to an agreement it entered to repay that loan and the Company will pay the bank here in India a fixed sum in Indian Rupees only towards that Foreign Currency loan. The recording of transaction is in INR and the reporting currency is iNR. In this case, will there be any necessity to account for exchange fluctuation in the books of the Company as this is a Foreign Currency loan? But the issue here is the repayment is in iNR.

Sir, I want to know how duplicate copy of receipt of e-payment of TDS can be generated.
While saving a copy of receipt of e-payment of TDS, some error occured in system and we could not save the copy of receipt of e-payment of TDS.
So, please tell me about procedure to generate duplicate copy of receipt of e-payment of TDS Please, provide answer at earliest.

can any one please send me a full form of part 1 and 2 of schedule 6? with the full details of the items in it? please help.

MY CLINET IS DEALING IN SUPPLY OF PRINTING MATERIAL. THE CLIENT IS SALE GOODS TO PARTY AS PER THEIR SPECIFICATION(SUPPLY OF MATERIAL). THE ONE OF THE PARTY DEDUCT TDS @ 2.06 % (194C) AS LOGO (BRAND)OF THE COMPANY MENTIONED ON THE BOX.

WHETHER 194C IS APPICABLE ?