I have raised a Invoice of Rs. 78964 including service tax rs. 964 in month of April and service tax paid to Govt for April month/ We have voide this invoice in May'12 due to services cancelled by the customer, pls let me know can we adjust this paid service tax amount in our May service tax payable....and how to pass voide bill entry.....

1 Answers  

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what is the rate of purchasing computer goods from Gujarat, with C form, and what is the rate to sale it in Diu (Union Territory).

1 Answers   ASD Lab,

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I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

0 Answers  

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My company has taken a car loan from HDFC Bank, Assume 7.5 lacs. but it disbursed after deducted adv emi. how to pass the jv for that . Plz pass the entry

6 Answers   ABC,

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Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

0 Answers  

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Dear sir, previosly i worked with hospital there i maintain only accounts only in tally, but now iam change my company to manufacturing unit there they using accounts with inventory there when we open tally i finding more options why?

1 Answers  

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I had this interview in 09. The interviewer kept on asking this question. Why do you want to join JP Morgan chase? can any1 give me a good answer...???

2 Answers   IBM, JPMorgan Chase,

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On goods purchases of Rs.2,00,000 got trade discount of 20,000 from supplier, and the amounts paid to supplier is 1,00,000 in cash and RS.1,00,000 in check on the same day, what would be the general ledger entry ?

18 Answers   Genpact,

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what are the transactional entries have to be passed in Letter of credit

2 Answers   Optimus,

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please explain all accounting concepts n conventions in detail

0 Answers   DA Vision,

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what will be the treatment of tds deducted by clients if the it is private company

1 Answers  

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whats the manufacturing account

1 Answers   IOCL,

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