When two or more entity are merged togather and form new 
distinct entity is called amalgamation.
When one entity absorbed one or more emtity and later 
entity loss their entity merged with former entity is 
called absorption.
When a company lossed their entity by action of law or 
action taken by self is called liquidation.

Realisation account is prepared to control assets and 
liabilities of entity

Absorption refers to the process by which a company fully 
takes over another company and carries on the existing 
business of his with additional resources of the company 
taken over.. while amalgamation means two companies coming 
together to form a new entity and carry on the businees. 
realisation account is prepared just to make a statement 
showing the distribution of the companies assets that are 
realised among shareholders, creditors and others before 
the company is fully closed.

follwing are the prerequisites to held a product to be 
Excisable:-
1. goods must be movable
2. must be marketable (i.e. capable of being sold and 
purchased in the open market)
3. they must be manufactured or produced (i.e. they should 
not be constructed or anything else)
4.they must be manufactured or produced in India only.
5. the goods must be mentioned in CETA (Central Excise 
Tariff Act)

Hence, if the above 5 conditions are satisfied the product 
is Excisable.

Three Condition of Excisable goods
1.There should be a goods.
2.Good should be Moveble & Marketable.
3.Good shuld be covered in CETA(Central Excise Tarif Act).

WHEN THE COMPANY REQUIRE THE CAPITAL AT THE TIME THE 
COMPANY WILL CALL THE EXISTING EQUITY SHAREHOLDER TO PAY 
THE REMAING SHARE CAPITAL IF THE SHAREHOLDER UNABLE TO PAY 
THAT AMOUNT THE IS CALL CALLS IN ERRORS
EX: MAMMU COMPAY IS THE SHARE EACH ONE 100 THIS AMOUNT 
PROCURE THROUGH SUBSCRIBE 25 FIST CALL 30 SEND CALL 25 AND 
FINAL CALL 20. SUBHASH HE IS THE ONE OF SHAREHOLDER AFTER 
SUBSCRIBE, FIRST AND SECOND CALL HE IS UNABLE TO PAY THE 
FINAL CALL WHEN THE COMPANY CALL THE FINAL CALL THAT AMOUT 
NOTHING BUT 20 IS CALLS IN ERROR.

to start any company,it must need the capital.for this 
purpose company calls the public to give money to start the 
business.persons who help the company by giving money to 
them are called as share holders.in return to that money 
company issues a share certificate to these share 
holders.example:-"a" company wants to start the business. 
it requires 10,000/- rs to start.it offer shares to the 
public.i.e 1000 shares of rs 10 each.initially it may not 
be wanting so much of money and agrees with the share 
holders to pay in two calls.company make a call for the 
first time.all the share holders pay to the company rs 5 
for every share -5*1000=5000.after two monts it again makes 
a call.but share holders will not make the payment.this due 
amount is called calls in arrears.

calls in arrears arises when issued capital at a value 100 
is offered to the shareholders and shareholders in return 
pays only 75 that means its partly paid only. So this 
difference (of 25) between issued capital and paid 
upcapital is known as call in arrears. The company later on 
will issue notice to the share holders who had only partly 
paid to pay back the balance amount of the shares with 
interest due thereon, other wise they will forfiet the 
partly paid shares without refunding the amount partly 
paid.

TDS IS DEDUCTED ON VARIOUS HEADS PAYMENT LIKE INTEREST , 
CONTRACT, RENT, PROFESSIONAL FEES,CONSULTANCY 
FEES,COMMISSION & BROKERAGE,ETC., ON MAKING OF PAYMENTS TDS 
TO BE DEDUCTED AND REMITTED TO THE CREDIT OF CENTRAL GOVT.

TCS means Tax Collected at source  .i.e. While raising 
Invoice for Sale of Scraps, Waste etc we have to collect 
Tax thro' Invoice and we have to remit the Central Govt. as 
like TDS

P.s. Mr Ramesh TDS is entirely diffrent from TCS
TDS to be collected at the time of Payment / Accounting
TCS is to be collected from the sale Invoice on Scraps, 
Waste etc

sounder is correct
arnab

Go to particular ledger/voucher, then press “Alt” + “E”, 
then press “Backspace”, after that we need to select the 
language, then Format (Excel – Spreadsheet), then Output 
File Name, then just press “Enter” till it exports.
It will be automatically exported to “Excel”.

The out put file is in your “TALLY” folder.

Dear Guruprasad,
Below is the adress where you can find IAS in PDF format

http://www.caalley.com/asi/asi01.html
Best Regards
Bibudha Kumar
9911599311

by using the export option in TAlly.

by selecting the export option and also by using shortcut
key alt+E..
it displays exprt dialogue box and select excel in format option
then type output file name 
and the output file should be open from find target from
tally properties

Dear , it is very easy to export ledger accounts and 
voucher entries from tally to Excel , in menu of ledger or 
voucher ( in day book ) you have to select export and then 
save it with name of excel file and then see your c drive 
or the drive where is your tally software and you can get 
your ledger and voucher in excel format 

from more information you can browse 

http://svtuition.blogspot.com

Go to particular ledger/voucher, then press “Alt” + “E”, 
then press “Backspace”, after that we need to select the 
language, then Format (Excel – Spreadsheet), then Output 
File Name, then just press “Enter” till it exports.
It will be automatically exported to “Excel”.

The out put file is in your “TALLY” folder.

trade discount service. value at tax.cost service tax

Tax diduction at sources, Valu add Tax in Haryana 12.5%, 4% 
Central Sales Tax in Haryana 2% Against Cform, Without C 
form Full Tax of Rate 12.5% or 4% as per applicable.

Service Tax 12.36%

TDS = tax deducted at sources 2.266% as an contractors,
10.30% as an professional & 11.33% if company is ltd & this
company turn over above 1000000/- P.A.
VAT = Value added Tax at present 12.5%
CST = Central Sales Tax

Tds as an contractor 2.266% (exemption limit 20000/-)
professional fees 10.3% & if transiction with same company 
up to 10000000/- than tds is applicable 11.33%, 
interest on securities,unsecurities 11.33%,compamny 22.66%
Commision & brokage  tds is 10.3% & if transiction with 
same company 10000000/- tds is applicable11.33%
Rent of  plant, machinery & equipment tds apply  10.3% & if 
transction after 10000000/- then tds is applicable 11.33%
Rent of building, land & furnature material tds apply 20.6%
and transction after 10000000/- tds is applicable 22.66%  
Value added tax 4%, 12.5% depend by material
Cst 2% w.e.f 01/06/08 for register dealer & 4%, 12.5% for 
unregistered dealer de[end by material
Service tax 10.3% w.e.f 24/2/09

TDS-  TAX DEDUCTION AT SOURES
VAT- VALUE ADD TAX 1%, 4%, 12.5%
CST- CENTAL SALES TAX

tds -Interest on Securities             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 20 0 20 3 20.6             
  Company  > 1 crore 20 10 22 3 22.66             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Interest other than Interest on Securities             
  Threshold Limit - Rs. 5000. (For Banking Company - Rs. 
10000 w.e.f. 01/06/2007)                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 20 0 20 3 20.6             
  Company  > 1 crore 20 10 22 3 22.66             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Payment to Contractors             
  Threshold Limit - Rs. 20000                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 2 0 2 3 2.06             
  Company  > 1 crore 2 10 2.2 3 2.266             
  Firm  <= 1 crore 2 0 2 3 2.06             
  Firm  > 1 crore 2 10 2.2 3 2.266             
  Individual /HUF <= 10 lacs 2 0 2 3 2.06             
  Individual /HUF>10 lacs 2 10 2.2 3 2.266             
  Co-Operative Societies 2 0 2 3 2.06             
  Local Authority 2 0 2 3 2.06             
                          
Payment to Sub-Contract/Adv Contract             
  Threshold Limit - Rs. 20000                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 1 0 1 3 1.03             
  Company  > 1 crore 1 10 1.1 3 1.133             
  Firm  <= 1 crore 1 0 1 3 1.03             
  Firm  > 1 crore 1 10 1.1 3 1.133             
  Individual /HUF <= 10 lacs 1 0 1 3 1.03             
  Individual /HUF>10 lacs 1 10 1.1 3 1.133             
  Co-Operative Societies 1 0 1 3 1.03             
  Local Authority 1 0 1 3 1.03             
                          
Rent on Plant / Machinery             
  Threshold Limit - Rs. 120000                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 10 0 10 3 10.3             
  Company  > 1 crore 10 10 11 3 11.33             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Rent             
  Threshold Limit - Rs. 120000                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 20 0 20 3 20.6             
  Company  > 1 crore 20 10 22 3 22.66             
  Firm  <= 1 crore 20 0 20 3 20.6             
  Firm  > 1 crore 20 10 22 3 22.66             
  Individual /HUF <= 10 lacs 15 0 15 3 15.45             
  Individual /HUF>10 lacs 15 10 16.5 3 16.995             
  Co-Operative Societies 20 0 20 3 20.6             
  Local Authority 20 0 20 3 20.6             
                          
Fees for Professional / Technical Services upto 
31/05/2007             
  Threshold Limit - Rs. 20000                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 5 0 5 3 5.15             
  Company  > 1 crore 5 10 5.5 3 5.665             
  Firm  <= 1 crore 5 0 5 3 5.15             
  Firm  > 1 crore 5 10 5.5 3 5.665             
  Individual /HUF <= 10 lacs 5 0 5 3 5.15             
  Individual /HUF>10 lacs 5 10 5.5 3 5.665             
  Co-Operative Societies 5 0 5 3 5.15             
  Local Authority 5 0 5 3 5.15             
                          
Fees for Professional / Technical Services after 
01/06/2007             
  Threshold Limit - Rs. 20000                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 10 0 10 3 10.3             
  Company  > 1 crore 10 10 11 3 11.33             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Winning from Lotteries & Puzzles             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 30 0 30 3 30.9             
  Company  > 1 crore 30 10 33 3 33.99             
  Firm  <= 1 crore 30 0 30 3 30.9             
  Firm  > 1 crore 30 10 33 3 33.99             
  Individual /HUF <= 10 lacs 30 0 30 3 30.9             
  Individual /HUF>10 lacs 30 10 33 3 33.99             
  Co-Operative Societies 30 0 30 3 30.9             
  Local Authority 30 0 30 3 30.9             
                          
Winning from Horse Races             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 30 0 30 3 30.9             
  Company  > 1 crore 30 10 33 3 33.99             
  Firm  <= 1 crore 30 0 30 3 30.9             
  Firm  > 1 crore 30 10 33 3 33.99             
  Individual /HUF <= 10 lacs 30 0 30 3 30.9             
  Individual /HUF>10 lacs 30 10 33 3 33.99             
  Co-Operative Societies 30 0 30 3 30.9             
  Local Authority 30 0 30 3 30.9             
                          
Insurance Commission             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 20 0 20 3 20.6             
  Company  > 1 crore 20 10 22 3 22.66             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Non-resident Sportsman or Sports Association             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 0 0 0 3 0             
  Company  > 1 crore 0 0 0 3 0             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Commision on Sale of Lottery Tickets             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 10 0 10 3 10.3             
  Company  > 1 crore 10 10 11 3 11.33             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
Commision/Brokerage upto 31/05/2007             
  Threshold Limit - Rs. 2500                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 5 0 5 3 5.15             
  Company  > 1 crore 5 10 5.5 3 5.665             
  Firm  <= 1 crore 5 0 5 3 5.15             
  Firm  > 1 crore 5 10 5.5 3 5.665             
  Individual /HUF <= 10 lacs 5 0 5 3 5.15             
  Individual /HUF>10 lacs 5 10 5.5 3 5.665             
  Co-Operative Societies 5 0 5 3 5.15             
  Local Authority 5 0 5 3 5.15             
                          
Commision/Brokerage after 01/06/2007             
  Threshold Limit - Rs. 2500                       
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 10 0 10 3 10.3             
  Company  > 1 crore 10 10 11 3 11.33             
  Firm  <= 1 crore 10 0 10 3 10.3             
  Firm  > 1 crore 10 10 11 3 11.33             
  Individual /HUF <= 10 lacs 10 0 10 3 10.3             
  Individual /HUF>10 lacs 10 10 11 3 11.33             
  Co-Operative Societies 10 0 10 3 10.3             
  Local Authority 10 0 10 3 10.3             
                          
TCS : Scrap             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 1 0 1 3 1.03             
  Company  > 1 crore 1 10 1.1 3 1.133             
  Firm  <= 1 crore 1 0 1 3 1.03             
  Firm  > 1 crore 1 10 1.1 3 1.133             
  Individual /HUF <= 10 lacs 1 0 1 3 1.03             
  Individual /HUF>10 lacs 1 10 1.1 3 1.133             
  Co-Operative Societies 1 0 1 3 1.03             
  Local Authority 1 0 1 3 1.03             
                          
TCS : Alcoholic Liquor for Human Consumption             
    IT SC IT+Sur EC NET             
  Company  <= 1 crore 1 0 1 3 1.03             
  Company  > 1 crore 1 10 1.1 3 1.133             
  Firm  <= 1 crore 1 0 1 3 1.03             
  Firm  > 1 crore 1 10 1.1 3 1.133             
  Individual /HUF <= 10 lacs 1 0 1 3 1.03             
  Individual /HUF>10 lacs 1 10 1.1 3 1.133             
  Co-Operative Societies 1 0 1 3 1.03             
  Local Authority 1 0 1 3 1.03 

VAT- VALUE ADD TAX 1%, 4%, 12.5%

cst- 2%with cform otherwise at which tax u purchase

service tax -10% w.e.f.24/02/09

tds rate of difrent
on petty contractors 1%
on House Rent 15%
on Machinary hire 2%
on Transporation/Carriage 2%
of 01.10.09
rate of vat depend on items 4%,12.5%


service tax larest rate 10%

service tax is a tax leviable on services 
curent tax rete is 12%
himanshu malhotra

ST = Service tax 12%
     Education Cess 3%
     Surcharge 1%
     Total Service tax is 12.36%

serrvice tax is now 105 w.e f 25/2/2009

Service tax is changed Rs.10.3%

with effect from 25.02.09 the service tax rate is changed 
from 12% to 10.36%.
in this 10% is service tax.and the balance is cess
(educational cess aand higher educational cess) all these 
are comes under servicetax notification 08/2009

Service Tax rate is 10.30%

Service Tax - 10%
Edu.Cess - 2%
S&H Cess - 1%

fROM 24.2.209 TO TILL DATE 
Service Tax rate is 10.30%

Service Tax - 10%
Edu.Cess - 2%
S&H Cess - 1%

TOTAL 10.3%

Stock dividend means the dividend paid in shares.

A dividend paid as additional shares of stock rather than 
as cash. If dividends paid are in the form of cash, those 
dividends are taxable. When a company issues a stock 
dividend, rather than cash, there usually are not tax 
consequences until the shares are sold.

stock divident is a document wihc is issue a co to share 
holder by his shares.

it is loan taken from the public by the company

CASH BOOK RULS IS CASH DEBIT WHEN CAME INTO THE ORGANISATION

AND CREDIT WHEN CASH GO TO OUTSIDE FROM ORGANISATION

Cash book is real account
What comes in Debit what goes in credit

only the cash transaction of the company taking place here.