1. Categories >> Accounting
  2. Suggest New Category


Accounting Interview Questions
Questions Answers Views Company eMail

What are the accounting entries to be passed for TDS if person who is assessed is a Firm (or) Proprietorship (or) Company (or) person? Eg: I (CDE & Co) paid Rs. 1,00,000/- through ICICI Bank after deducting 10% of the amount (Rs. 10,000/-) as TDS (Tax Deducted as Source) to “ABC & Co” (i would like to know the entry to be posted in "CDE & Co" and "ABC & Co")

 1 4399

What is the accounting entry to be posted for TDS if the assess is Firm (or) Company (or) Proprietorship (or) Individual? eg: I (CDE & Co) paid Rs. 1,00,000/- through ICICI Bank after deducting 10% of the amount (Rs. 10,000/-) as TDS (Tax Deducted as Source) to “ABC & Co” (What entry should i pass in "CDE & Co" and "ABC & Co")

 1 3676

what is red ink interest

ICAI, NTTF Nettur Technical Training Foundation, Wipro,

1 9600

Hello,Please Tell me about E1 form.

 1 4171

1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help

 2 3508

1. purchase of tally software is treated as assent or indirect expenses , then underwhich group it comes on tally 2. outstanding expenses is under what group in tally

ABC,

8 52464

WHAT DO WE MEAN BY CURRENT ACCOUNTS SEPARATE FROM SAVINGS ACCOUNTS.

Maruti Suzuki,

5 6601

I had purchased a plot in Nov. 2002 for Rs 18lacs and spent about 20Lacs on its construction. Property is jointly owned by me with my husband in the ratio of 1/3:2/3. I am selling this property for 3cr. How much capital gain I/we have to pay? And can it be set off by purchasing new residential property? If so, can we purchase two separate residential properties, one in my name and one in the name of my husband, which could cover the capital gain amount. Can we do so or it is only purchase of one residential property against which capital gain can be set off. Please clarify.....

 1616

i had completed my continious service in ltd co for 4.6years,whether i am eligible for gratuity

 1 5016

sir.i jitendra surati have a query.aboutloss settelment. i have loss of capital rs 26000/ and mr friend have loss of rs106000/- as capital. how to compensate the loss by sharing?how many i have to give to my friend ? (A)26000+106000=132000 and i have to give him 66000? or 40000 rs?

 1 2677

WHERE I NEED TO FILE CST PAYMENT? Can i file along with vat returns? what is the due date for every month?

Essar,

1 2442

WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.

 1742

How to pass workscontract sale invoice which includes WCT & VAT.

 1782

Pass necessary journal entries for the following. 1.Goods supplied by surjit for rs 15000 were entred in sales book.

 7 10898

as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes

 1 3256

Un-Answered Questions { Accounting }

I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries

2123

A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved

1917

We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?

1782

If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.

1455

What is final audit?

669




Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.

1535

Expand DPCO

1644

How you can adjust entries into account?

731

How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing

1766

Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai

1493

one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain

1032

Expand CCIT?

1991

For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

1362

Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3123

Any body would tell me how to takeover withholding tax at the time of go live in sap fico

977

For More Un-Answered { Accounting } Questions Click Here