Answer Posted / shaheen

Bad Debts A/c dr.
To Debtors A/c
(Actual Bad debts recorded)

Provision for doubtful debts A/c. dr
To, Bad bebts A/c.
(Transfering Bad debts to Provision for doubtful debts)

P&L a/c dr.
To, Provision for doubtful debts A/c
(Provision for doubtful debts made on debtors)

Cash A/c Dr.
To, Bad debts recovered a/c
(bad debts recovered and written off)

Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax

2146

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IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?

2251

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Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?

2264

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What is DSCR and how to calculate the same.

4236

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How is income tax calculated?

1097

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what should be the research and methodology of business taxation?

2075

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1909

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4804

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i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income

1928

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what is the exise limit in granite manufacturing

1956

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Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee

2633

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hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information

1927

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If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

3323

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#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY

2012

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Define deferred tax liability?

1187

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