Answer / h.r. sreepada bhagi

QIS(Quarterly Information System) Report needs to be
submitted by a company, firm or any business entity to the
bank from which it has borrowed money (Term Loan, Working
Capital - Cash Credit, etc.)

This report has to be submitted to the bank in the format
prescribed/provided by them to keep them informed about the
performance & position of the business entity. The due date
or periodicity will be communicated by teh concerned bank to
the borrower.

Answer / hanumanthu.a

QIS(Quarterly Information System) Report needs to be
submitted by a company, firm or any business entity to the
bank from which it has borrowed money (Term Loan, Working
Capital - Cash Credit, etc.)

This report has to be submitted to the bank in the format
prescribed/provided by them to keep them informed about the
performance & position of the business entity. The due date
or periodicity will be communicated by teh concerned bank to
the borrower.

Answer / hanumanthu.a

QIS(Quarterly Information System) Report needs to be
submitted by a company, firm or any business entity to the
bank from which it has borrowed money (Term Loan, Working
Capital - Cash Credit, etc.)

Answer / vinitha

QIS (quarterly information system) is a report need to be prepared & submitted by the company,firm or any business concern to the bank from which it has borrowed money in terms of loan ,working capital or cc etc...
This report contains a Estimated annual projections of a company on quarterly basis

Answer / hemantkumar

QIS (quarterly information system) is a report need to be prepared & submitted by the company,firm or any business concern to the bank from which it has borrowed money in terms of loan ,working capital or cc etc...where CC limit is >or= 5.00 crore otherwise QIS is not applicable
This report contains a Estimated annual projections of a company on quarterly basis(QIS1). Actual position of last quarter(QIS2) and half yearly position sept or march as per the quarter(QIS3)

Answer / vivek kumar singh

QIS statements are required to be submitted by borrowers enjoying working capital limits of Rs 10crore and above

Define the term "Manufacturer"as introduced in finance act2010.

0 Answers  

Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

0 Answers  

when Form-16 and Form-11 issued? what is difference in these two?

2 Answers   Sabic,

what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?

0 Answers  

what is the process of paid unpaid in service tax

2 Answers   Airtel,

What is the difference between a TDS and an income tax?

7 Answers   TATA,

How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.

2 Answers   DELL, Event Management, HCL, Mohrish Pharmaceuticals, Phoenix Cars,

'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.

0 Answers   Banking,

I am George Moses from Mumbai I am asking the how to clculate the TDS on Labour ? Sub LAbour.

5 Answers  

What is the due date for issue of TDS certificate under salaries and in what form

1 Answers  

kripya form f ke bare me bataye, aur eska entry kaise karna tally me ye baataye

2 Answers  

Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.

2 Answers