as a transport corporation we collect prepaid tickets. if the prepaid tickets sold for april of the next finacial year then we are accounting it as income received in advance.
auditor says that on acrual basis there is is no accrual. as the amt is received
that can be accounted in the finacial year in which it is received.
is this correct
where can i get the guidence note on accrual basis of accounting

IS FBT AN ALLOWABLE EXPENDITURE WHILE COMPUTING PGBP?

Hi
Ours is a Pvt Ltd Co., Can we claim Education Loan given to employee as Business Exp or can we shown as Donation to Employee for education purpose. Amount is Rs.100,000
pls with any case laws

I have few quetions related to TDS, please give advice on the following quetions.

1. If TDS is inadvertently paid for wrong AY then how can it rectified? Can it be used for filing in correct AY return even if in challan different AY is mentioned?

2. If TDS of different sections is paid in total one challan, then can it used for filing TDS return showing different deduction (under different section).

3. If TDS of 2 AY is paid in one challan then can it be used in both AY tds return.

Thank & Regards

Our company is paying professional fees on behalf of a staff. It is treated as a loan and would be recovered from the staff. Should the company deduct TDS on the professional fees paid on behalf of the staff. Please advice.

Dear friends Tell me the right book for study of IT

Dear experts
i wanted to view public documents online of a particular company for which i have visited mca.gov.in website and there i was asked to pay Rs 50/- online to view the documents, even when i paid the same and got the payment receipe and SRN number, iam not able to view any of the docs. could you please let me know whether we have to take this payment acknowledgement and view the docs physically at ROC or is there any problem with my computer ( my system has got Java enabled and later IE browser ), or is there any problem with the Ministry itself.
thanking you sir
and awaiting your reply,

In financial account how will we treat the excise figure ie.RG register capital goods input& Credit taken.Please give the details with journal entry.

We deduct TDS on advertising contract @1%. Say, our office has given a advertise in Assam Tribune News Paper.
If Assam Tribune directly submits their bill in our office shall we deduct tds in that case.

Kindly tell me from which date FBT Abolished.