Dear sir
Can u please tell me about the treatments of exchange differences as under AS-11, and if one method is applied can it be switched to another method. Thanks in advance.

In case of Insurance on stock, and the closing stock contains abnormal goods which is exepected to realize less than its cost, then whether such stock should be valued at its cost or reduce its value as expected realization value?(which is less than cost) as per conservatism concept.or stock is always valued at cost only.

in amalgamation, if some assets and liabilities are not taken over and nothing is mentioned about not taken over assets and liabilities, then what should be done?
whether they should be realised at book value or should be considered to realize nothin?

Dear Sir,

I want to know that the accounting entries about the Pvt. Ltd companies. In the month of Oct-2011 purchase Suzuki Access for Rs. 57000/- & in December-2011 purchase Motor Car for Rs.9.50 lacs in the name of director. The both of Vehicles in the name of Director not on the name of Company. The payment of 57000/- & 9.50 Lacs (EMI) made from company's bank account. What is the accounting enteries in company accounts.

Kindly suggest the same.

Thanks & Regards

(Mr. Kadam)

Sir,

I have quiry on TDS on Contract.

One of the party has given 15000/- & 16000/- & 12000/- bills on different dates,

Shall i give the total amount at a time i.e Rs.43000/-

Shall I deduct the TDS on Rs. 43000/-

He will not cross the Rs.75000/- in a year

Greetings !! I am newly married and want to open HUF account. What is the deed format to be mentioned on the stamp paper?
Should it be notarised?

After creating the deed, can I apply for PAN card of HUF

Thanks
Abhay

Dear Experts,

Should TDS be deducted on interest paid on loan?? is there any threshold limit for this?? Suppose we are paying interest Quarterly then should TDS be deducted??

dear...............

what is deferred tax ( asset/liability)

pls explain me urgently

Dear Sir,

How to pass the entry for Credit Card Expenses by director of the company and payment of credit card made by company?

Thanks in advance....

i would like ot know what is fair treatment of Salary payable to an employee in the books of accounts
as we are provided in accounting standard 5
Salary A.c Dr
To salary payable
then
Salary payable a/c Dr.
To cash/ Bank

or 2nd is
Salary A/c Dr.
To XYZ

Then
XYZ A/c Dr.
To cash
please provide me the fair treatment @ my emmail.id
hgandhi9@gmail.com