Dear Sir,

We are Pvt. Ltd co. we did investment of Rs.7500000/- in Pvt Ltd co.during 2006-07 now in December 2012 we sold the share and we received Rs825000/- so what will be entry for the same?

Thanks in advance.....

WHAT ENTRY SHOULD WE PASSED IN BOOK A PERSON HAVING SALARY BASIC 10000.00 HRA 4000 PF 1500.0

What is Bank Guarantee?

Dear Expert,

For FY 10-11, do we create DTA taking a surcharge of 7.5% or 5%.

I believe it shall incorporate known changes in tax rates, even though it may not be for the current assessment year. (with reference to para 22 of AS-22 which states that certain announcement of tax rates and tax laws may have substantive effect of actual enactment.....measured using such announce tax rates and tax laws)

Kindly advise if my opinion and/or basis is right

Thank You.

What would be the accounting treatment of the goods given by a dealer by way of gift to any person or relative??
Whether VAT would be chargeable on that gift amount???

what entry in tally whic mode
owner introduced rs. 175000 in obc bank and 250000 in sbi bank

company paid BU charges to Municiple corporation for their factory premises.whether such exp. is treated as revenue or capital? shold i capitalised in factory building a/c ?

is there in case law related to this?

plz guide me
on this

Which book is prefered to learn finalization of accounts. Please suggest me.

ABC Co had some balance in retention money held for more than 3 years. company has taken a decision to recognise it as income. after an year, the retention money had to be paid to the client.

Pls advise on how to treat the above transaction in current year

An assessee having a production business pays professional fees to artist and actors amounting to rs 9,50,000.
Though the film has not yet released, what v'l be the treatment of this expenses as well as other production expenses