Is it compulsory to provide depreciation on assets.
One of our company does not have any revenue/sales during 2011-12.
So should we provide depreciation on building on we can defer that for next year and provide depreciation for two years in next years.

How we disclose the reversal of provision made for the dimunation in the value of long term investment

Respected sir/mam,
I filled the inter form and had sent all the document which were needed for registration duly attested by a member of ICAI and with the DD of Rs 15500/- to the mumbai regional office on 21st of may through speed post,but i have got no reply from the institute regarding my registration and study materials. I am very worried about it and i have been informed by the head post office that the article i have sent has been delivered on 29th may..i have tried to call many time but no operator is responding..hope i get reply of the mail..please sir/mam help me...

Please clarify whether TDS Applicable on Machine Commissioning Charges Also Party is Charing Vat in the bill but party is not registered for Service Tax Bill Amount is Rs.195000/-

If i pay salary Rs 12000 & Deduct Pf 2400 th.an what entry i will made in tally

Please replay as soon as possible .

sir
any one can help me to find out this calculation
800,000x16%=128,000/-
800,000/16%=5,000,000/-
the second line calculation what is it mean
please help me

Dear Sir,

Pls give me the last date of TDS tax deposit and return filing of 4th qtr also


Harish

I am doing accounting in a hospital run by charitable trust. As per BPT act, trust has to keep aside 2% of their total patient billing to IPF account which is to be utilised on treatment of indigent and weaker section patients.
e.g. if I treat regular patients for cash Rs. 2000 and Indigent patients free Rs. 500, then I will transfer Rs. 400 to indigent patient fund.
the accounting entries will be :
1. Free patient A/c Dr 500
Cash A/c Dr 2000
To Revenue A/c 2500
2. Ipf Payable A/c Dr 500
To Free patient a/c 500
3. Indigent patient exps dr. 400
To IPF Payable ac 400
Thus if I have opening credit balance of Rs.1000 in IPF Payable a/c, then closing balance will be 1000+400-500 = 900 Cr
Please tell me whether I am doing correct accounting or not. Our senior is asking us not to show free treated patient in Income and expenditure a/c and show only 2000 as revenue. Please guide me on this as early as possible from accounting principal point of view.

I invest Rs.5,00,000/- in FDR on 20.05.2010.
Date of Maturity : 14.06.2011
Rate is 6.75%.
Maturity Value Rs.5,37,086/-

But I got Rs. 5,34,060/- on maturity.

On 17.06.2011 I reinvest the FD . Rate of Interest 8.75 %

I got TDS Certificate as on 31.03.2012. The interest comes to Rs.44316/- and TDS Rs. 3711/-.

Need EXPERTS advice for making entry in my books of Accounts.

Dear Sir,
We railed freight bill @ 54/USD & letter on rate reduced to Rs. 50/USD. Due to fluctuation we recd. Rs. 10,000/- less than sale value (bill amount).
1) How to show the short payment of Rs. 10,000/- ?
Is it shown as Dr./Cr. W/o
or we should book it as "foreign exchange fluctuation" in our P&L?

Thks