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I have recived four c form for a fainancial year
But c- form not in proper series For Exaple- c-form no. 1
for 1st quarter & 3 For Second Quarter 2nf For 3rd Quarter
& 4 For Fourth quarter Please Tell Me Can I summit This
Form in sale tax office in no Please tell me solution for
that condition.
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Answer Posted / sanjeev sharma
ya its be subbmet to sales tax ,,becuese its is not ur
flat,,and its not a major mistake,but firstly u cheak that
sales amounts and bill no. is same ,so u submited form in
sales tax no problem
| Is This Answer Correct ? | 3 Yes | 1 No |
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Define financial year?
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.
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