Answer / abhishek jain

bank a/c dr 137500
To profit on sale of assests a/c 2500
To sale of assest 135000

Answer / v.s.sujith

Bank A/c Dr 137500
To sale of assets 135000
To Profit on sale of assets 2500
Being sale of assets.

Detil:

COA- 250000
-Dep 115000
= 135000
-Sale 137500
=Profit. 2500

what is the diffrence b/w TIN and CST both are same?

3 Answers  

---

WHO IS SEND C FORM & WHATS MENTIONED THERE

1 Answers  

---

We issued C for the provisional price first. Again for the payment of Price Variation payment a fresh C form is to be issued?

1 Answers  

---

What should be the minimum value of Invoice for which outward form 38 is required (seller haryana buyers other states)

2 Answers   ProSafe,

---

the vendor is supplying us printing application forms including material and he add 5% vat is there any chance to deduct tds

1 Answers  

---

what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

0 Answers  

---

Form No.27A, I think it is a TDS oriented Form. But for what purpose and why this Form is use?

3 Answers  

---

Can anybody explain? what's consumeble items?

3 Answers  

---

If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?

0 Answers   SPPL,

---

What is "Crossing the customs frontiers of india"? Please explain in layman language.

1 Answers   KPMG,

---

Any body give journal entry for this PURCHASEA/C DR 500 S.TAX 50.0 SUNDRY CREDITOR 450.00 AND Which amount i taken in purchase ledger and which amount i taken in s.Tax ledger and which amount i taken in sundry creditors ledger wat are the details i require to maintain with regard to submitting of s.Tax return

3 Answers  

---

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax calculation in detailed?

6 Answers  

---