sir/madam
interest for non payment of advance tax is chargeds u/s 234B or 234c or both. if my tax comes out to be 6000 and i have not paid any advance tax plz calculate interest amount
thanks

What should be the treatment given to Bad Debts Reserve, when bad debts are more than the provision made against given in notes to the question of Cash flow statement ?

Hi... Is vaitheshwaran book enough for IDT

We are a trader of hardware & networking equipments. My vendor called ingram micro is a Software Seller (microsoft partner), We buy the software to sell to our enduser customer, now the suppliers started charging service tax as well as vat both on same items? like:

cost Price = 100
Service tax @12.36%
on 100 = 12.36
Vat on 100 @4% = 4
Bill Amount(100+12.36+4)= 116.36

What are the accounting treatment? How should we charge our customers? How and in which return ( service tax ot vat) we can show Rs. 100(basic amount)?

Please reply with example of accounting treatment.

Thanks

Dear Sir,

Our Company is going to organise Get Together Event of employees for that we have hire a hall for one day
We have to make advance payment of Rs 30000/- to Owner of the hall is TDS is to be deducted if yes under which section 194C or 194I

Regards

Ravi Konda

Hi,

In case of death of a director in which form it should be intimated to ROC.

How to prepare a project report for loan purpose? what are the contents of the project report? anybody please send me a sample detailed project report to my mail id myindia92@gmail.com

which is the best course.c.s or c.f.a that can be done alongwith the c.a

Hi, What is the tax treatment in the hand of employee and employer if cause of breach of contact, employee is required to pay some amount to employer.

For example, if employer sends employee on a project and get the bond singed as per which, if employee left the organisation before sepecifed perioed, he/she will be resposible to pay fix amount to employer. In that case what will be the tax treatment of amount paid by emplyee to employer in the hand of employer and employee. Please advice.

Hi, What is the tax treatment in the hand of employee and employer if cause of breach of contact, employee is required to pay some amount to employer.

For example, if employer sends employee on a project and get the bond singed as per which, if employee left the organisation before sepecifed perioed, he/she will be resposible to pay fix amount to employer. In that case what will be the tax treatment of amount paid by emplyee to employer in the hand of employer and employee. Please advice.