Avtar Singh (Accountant) (23 Points)
24 May 2008Hi,
Ours is a company in Market Investment Consultancy. We have an employee to whom we are paying HRA and making payment of rent on his behalf to his landlord. We are deducting this amount from his salary and paying an advance tax on the amount of house lease. What would be the accounting treatment of this transaction. Please advise.
Regards
| Originally posted by :Guest | ||
| " | hi, I need treatment for service tax, cenvat credit, advance Income tax, accounting entries, Please advice |
" |
Vikki
(audit manager)
(35 Points)
Replied 09 September 2009
can life time membership fees paid to a club be treated as an investment.
CAclubindia
