If a director is to be removed by the other directors from a pvt ltd company against his wish what is the procedure.

In case a director resigns what legal formalities have to be taken care by pvt ltd company. Whether is he elgible to claim any goodwill from the company as the company has not yet closed its books of accounts from the day one ( the period is only 4 months and it is real estate company)

Please explain the concept& treatment of deferred tax in the books of accounts both in case of profit & loss

Hello all,


My Query is

1) can we issue cash memo Retail invoice for amount more than 20000.????

2) if we Issue Debit memo Bill (More than Rs. 20000) than can received cash such an amount (more than Rs.20000) in single receipt????

Office premises which is purchased jointly by husband & wife in 75:25 ratio. Office is being jointly used for their individual profession in almost similar fields say Doctors / Financial services providers etc.

Regarding sharing of common revenue expenses like stationary, electricity bill, telephone expenses which is better accounting practice;

1) Maintain a joint account for office expenses and transfer funds in joint account by husband and wife in equal proportion.

2) Total petty cash and other expenses can be settled at the end of accounting year by way of transferring 50% share from husband to wife.

Thanks in advance.

Dear Sir/Madam,


i would like to know the information about partners salaries on which basis and interest on partners on which basis how much percentage (%) in partnership firm what is the way to calculate these two things kindly solve my query send me to my email address many thanks to all


With best Regards
venkat

venkatseven@yahoo.com

if maturing date of bill of exchange is a declared holiday
then it'd matured on proceeding day
now this bill is discounted with bank
then period for calculating interest for discounting the bill will include the last day(HOLIDAY) or it will include upto one day before!!!!

A female assessee had taken loan, two years back, to invest in a plot, however plot was registered in joint name with her husband as first name and wife as second.

As a part of rectification exercise, whether

a) Husband should pay 50% of plot value to wife alongwith interest from the date of purchase, considering it was a loan from wife to husband.

b) 50% of husband's shares should be taken as gift from wife to husband.

hello frnds.. i want to know that which are the core chapters shud i focus more in advanced accouting of ipcc?? i know that many will reply that all chapters are important but i want to know that which chapters shud i focus so that i can achive above 50 or 60 in advanced accounting.. pls reply!!! thank u!!

Sir,

If construction projects undertaken by the enterprise on its own account and selling of these self-constructed residential unit/ commercial flats to the public then AS-7 would apply or Not? or if Not Then how can recognised revenue? Thank you.

Dear Sir / Madam

I must say thanks to everybody for giving good advice providing information all are doing great job thank so much to all

depreciation chart I.T.Act.

Depreciation Chart As per Companies Act

Assessment YEAR : 2012-2013 Please send me to my mail id kindly update to my e - mail

Regards

venkat

venkatseven@yahoo.com