On how much cash payment we have to need a Revenue stamp on voucher?

we are forming a private limited company with foreign nationals pls tell me what are document required for opening a bank account for the said company in india and what paper we need to get signed from the foreign director

Is there any provision for TDS on hotel charges. if Yes then pleae help.

i have ctc amt 15100 know how can i find gross salary from ctc amt pls. let us know the formula

basic we cal e.g abc name employee gross salary is 15000 and is basic salary is 60% o9000/- it mean it come 780 pf 200 pt 1.75% 262.50 esic + 780 employer contribution +adm 1.61% 105/- + 4.75% 712.50/- = 16597.50 ctc amt will come

know from ctc amt how i have to find gross salary and net salary pls let answer me

Sir
As per AS 26, Intangible Assets, Preliminary Expenses incurred by entity should be written off as soon as it is incurred. So,does it mean that we have to prepare profit & loss A/c for the periods before the entity comes into Existence ?
How can be this done ? Please Clarify bcoz we usually don't prepare such P/l A/c & write off preliminary Exp. in 5 years from the year the entity come into existence.

Suppose a company (X&co.)gets a government project for education in the whole sector of schools in the a particular state. The project is of 3-4 years. There is capital expenditure and revenue expenditure in the project. Capital expenditure - purchase of computers, printers etc. for the school.

Query - This computers etc. (capital expenditure) purchased. What will be the entry passed in the books of company (X&co.).

Option 1) will it be treated as Fixed Assets and depreciation claimed for the three - four years (life of project). And then when the whole project is over, will it be taken as purchases(trading a/c.)?

or Option 2) Will it be treated the whole as purchases (project exps.) (trading a/c.) i.e. Project exps. a/c debited and Work-in-Progress a/c credited.

Kindly please answer. Also please give reference to the Accounting standard or Guidance Note.

“A” Ltd is Pvt company started its operations in USA by creating its wholly owned subsidiary “B’ Inc. in USA. “B” Inc. has not generated any revenue & capital has been eroded during the last financial year. B Inc has not generate any business in last year & the revenue for B Inc was NIL.
Does AS 28 will be applicable “Impairment” of investment in the books of A Ltd or Whether A Ltd has to follow AS13 to account for investment.

Hi,

can u please explain with a small example what is a vlook up function.Please also let me know the definition and the situation in which this function is being used.

Dear Sir,

One of my client the discontinue of proprietorship business activities from April 2010, Now he started new proprietorship business other trade name from April-2011. In FY 2009-10 he has deducted TDS on Interest, commission & other contract and paid to Government Accounts. In FY 2011-12 the TDS will applicable or not on Interest & commission & others. I think this is the first year of business as a proprietorship concern thus the TDS not applicable. The business turnover for FY 2011-12 will around 70 & 85 Lacs. Kindly suggest the same.

Thanks & Regards
(N. Kadam )

R/Sir,

Greeting of the day !

We are the expoter of readymade garments. Please tell me how to make export sale entry & what is rate of usd should be taken for the same .How would we treet the fluctuation of forigen exchange.

Thanks in advance for your immediate action for the same.