FAQs on Company
Q. What do you mean by Accounting / Book Keeping?
By Agam Gupta 30 Mar 2016
Traditionally, accounting is defined as an Art of summarising all the finance related transaction in such a way, that it gives you a clear and transparent view of your business.
Tags ACCOUNTING COMPANYQ. How sooner or early is the accounts and bookkeeping part need to be arranged and confirmed?
By Agam Gupta 30 Mar 2016
The best way to do the accounting in a company is to do accounting on Accrual basis that means whatever income you have earned or whatever expenditure you have expended should be recorded in the books at the time of happening of the event not at the time of actual monetary transaction happens.
Tags ACCOUNTING BOOK KEEPING ACCOUNTS COMPANYQ. Is there any penalty associated if I do not maintain accounts properly?
By Agam Gupta 30 Mar 2016
It is like a chain, if you don’t maintain proper books, Chartered Accountant will give you a disclaimer, based on that government will not trust your books, and hence, they will be compelled to calculate the tax, Interest and penalty according to their wish.
Tags ACCOUNTS PENALTY COMPANYQ. How will HUBCO take care of your organization’s entire accounting practice?
By Agam Gupta 30 Mar 2016
Hubco comprises of a team of specialized Chartered Accountants who heads your accounting assignment, review each and every transaction fed into the accounting system.
Tags ACCOUNTING COMPANYBy Agam Gupta 30 Mar 2016
When you incur any expense or earn any income, you need to keep the invoice copy with yourself to make us possible to do the accounting properly.
Tags EXPENSE ACCOUNTING COMPANYQ. What will we do if Client pays us less after deducting TDS?
By Agam Gupta 30 Mar 2016
In that case, the clients of your organization shall deduct TDS on the billed amount and pay the net amount.
Tags TDS ACCOUNTING COMPANYQ. If I am a Service Provider do the accounting is something Different?
By Agam Gupta 30 Mar 2016
If you are a service provider and your service turnover in a year exceeds 10 Lakh then you need to go for a Service Tax registration.
Tags SERVICE ACCOUNTING COMPANYQ. Do Hubco Take care of Service Tax compliances?
By Agam Gupta 30 Mar 2016
Hubco is comprising of expert chartered accountants in the field of service tax, and they will surely help you.
Tags SERVICE TAX COMPLIANCES COMPANY
