Provision entry for current Year
Income Tax A/c ----Dr
To Income Tax Payable A/c
Adjustment entry in next Year
Income tax payable---Dr
To bank A/c
kindly tell me which head of income tax a/c and income tax payble a/c
Sir, My company was formed in the Financial Year 2007-08
and during the year there is primary work i.e. instalation
and sitattion work carried on.
Now, the Company has started the Production activity form
the Financial Year 2008-09 i.e. 14/04/2008.
The question is that if the company is entitled to get the
Addition depreciation U/s. 32?
we are a manufacturer unit can we purchases of building
material agst form "C" or vat C4?
The Depreciation Rate for Heavy Equipments like cranes
(used in the construction of bridges, flyovers etc ... ) is
30% as per the companies act. If i buy a crane for Rs. 10
Lakh and claim depreciation the cost of the crane in the
2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and
in the 4th year it is 3.4 Lakh ...... Can i re-value the
crane in the 5th year to the 2nd hand market price of Rs.
20 Lakh and claim depreciation on it @ 30% ? (Cost of crane
in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
what is the exise limit in granite manufacturing
i want about TDS full details with Limit,Rate and Entry in
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
define double entry bookkeeping
what is cenvat credit? plz tell service tax interest rate
and watz it procedure...
what is the vat rate of Saw dust powder in maharashtra
WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST
AND DIPOSIT THE TAX
We are Interior Decorators in Chennai,Tamilnadu.
I would like to know the vat applicable for us 14.5% or 5%.
We supply the material and do the works at the sites itself.
If we got a printing jon we are adverstising firm for that
we purchase paper from local dealer which contain vat 4%
now when i bill to the person from whom i got a priniting
job what should i consider this as service or sale and what
tax i charge, i don't have vat no. but i have service tax
do we have tds in nigeria
While depositing cash at any bank above then Rs 50K, we
need to provide PAN Card or we have to fill form 60, but
tell me why a person needs to sign FORM 60 if he is paying
installments of >50K of Loan availed by him/her earlier? As
if he is repaying Loan, not depositing in his A/c?
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX
AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY