dear members,
what is the acoounting treatment for preoperative expenses in the case of amalgamation in the books of amalgamated company which is already existed in the amalgamating company.can that expenses be carry forward by that new company & to be write off wholly in it's books or not?

Tds of Rs. 20000 relating to the asst year 2001-02 has been shown in the balance sheet as on 31.3.2011.
assuming final assessment has been made,but IT department has not refund any amount till the end of 2011 against it,though refund return is submitted
by the assessee.

whather it would be prudent to write off tds amount for asst year 2001-02 in books ?

Dear Members,

What will be Financial year for a Society registered under the Societies Registration Act 1860 if the rules & MOA of the society are silent ? Will it be different from the normal Financial Year ?

In balance sheet why current account should treated as liability?

UNDER THE MAHA. COOPERARIVE SOCEITY ACT,1960,URBAN COOP BANK HAS POWERS TO ACQUIRE THE IMMOVALE PROPERIES OF THE BORROWER IN SATISFACTION HIS LOAN.
BORROWER HAS OVERDUE LOAN OF RS.46LAKHS.THE BANK ACQUIRED THE IMMOVABLE
PROERTY OF THE BORROWER BY EXECUTING REGISTERED SALE DEED FOR RS.42LAKHS.NOW HOW TO ACCONT THESE ENTRIES.AS A REGULAR ENTRY FOLLOWING RENTRIES ARE EXPECTED.=
DR.NON-BANKING ASSET FOR RS.42 LAKHS
CR.LOAN A/C FOR RS.42 LAKHS
DR.INTEREST REMISION A/C RS.04 LAKHS
CR.LOAN ACCOUNT (AMT REMITED) RS.4 LAKHS.
WHETHER THIS IS CORRECT METHOD?IF NOT PL.ELABORATE.(THE LOAN ACCONT WILL BE CLOSED AND NEW A/C NON BKG ASSET WILL BE SHOWN ON THE ASSET SIDE).RESULT WILL BE LOSING OF ASSET FOR THE BORROWER AND ACQUISITION OF NEW ASSET BY BANK.

Hi to all,

Can any body tell me the responsibility of a company secretary, if he signed the balance sheet and there is difference between his co. and other party accounts..

Second, his responsibility if the co. fails to pay the interest & installment of banks

Third, if any case are continuing in high court or with labour commissioner,,

My question is what the extent of responcibility of CS and how to be safe from this in professional capability..

Dear Sir,


In Trading A/c & P&L A/C J.V.'s Come or not or actual expenditure incurred will come. what is major difference between income & expenditure A/c And P7L A/c. if suppose purchase of bricks it come in trading a/c as j.v also payment. clarify me.

Dear sir,

Please suggest me the appropriate accounting head for accounting a payment which is given to an employee for his extra tallent due to that company has earned extra benefit

Intenal audit me kya kya karna padta hai.

my company is manufacturing co.

yaha import purchase hota hai.

ledger me kya dekhna padta hai
jaise cash payment should not be more than 20000.
Cash should not be negative.
Proper deduction of Tds on expenses were applicable
with proper sate. And at payment should be done in proper time.

sundry debtor credit nahi hona chaheye.

or mujhe jyada nahi pata
so i need help
or kya dekhna jaruri hai
tallyerp 9 use karte hai
income tax rule ke hisabse or kya hona chahiye.
Sir mujhe plz bataiye or kiya check karna padta hai.
Jaise ke finalization ke time ca sare accounts ke ledger check karta hai.
Mujhe batae ki isa kya kya dekhna padta hai jisme problem nikle.

need some detailed notes on consoliadtion under ifrs , ke issues like mid way acqn, disposal to be explained in good manner. thanks in advance