Answer Posted / r.umashankari

Actually its not Question it's a small doubt Whether TDS is
for claiming purpose or tax filing purpose.
tds is deducted from party , can party can claim that one.

explain about mergers & aquisitions? asked on 30/7/09

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What is meant by retiring Bill

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does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP

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Can you explain about the distinction of Book-Keeping and Accounting

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In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

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What is the working formula for Inventory turnover

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What is the mening of uidnvhe.?

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What are different types of reports made in tally

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Short Answer on _________Business

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EXPAND___________NAC

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my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

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how to solved the shares qusionas ?

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total capital stock

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what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

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