Gurtej Singh Dhanoa
09 April 2011 at 21:04

Capitalisation

A building constructed by the company for office purpose but is also used for manufacturing of sample products. I want to know if complete building will be capitalised under category Non Factory Building/Office Building or we have to proportion it under factory and Non factory Building.



Anonymous

Dear Sir,

Can you suggest me what is the maximum limit elegible for rebate on Higher Education other then educational allowance.

Thanks


Nithin

iam working in an export firm . i want to know journal entries for foreign bill purchase ,entries for packing credit loan , related entries for current a/c etc


survesh
08 April 2011 at 10:45

Air Condition

A Propritor has purchased A.C. Rs.26000.00 and its installed at his Home.

his Prop.Shop is not in his home its away from his house.

Can the Air Cond A/c capitilised as fix asset OR Shown to Drawing.

Please Reply.



Anonymous
08 April 2011 at 09:47

Fire Accident in office

Hi,

In Feb-11month in our office fire accident is happend and some worth of Rs.25lakhs servers burnt and not usable of those servers, can u explain how to treat accounting


sharma sanjiv
07 April 2011 at 17:00

FIDBC / CAIBC

What is the full form of FIDBC and CAIBC ( use by bank Import and Export case )and difference between .


kuldeep
07 April 2011 at 13:38

Cheque Cancelled

Dear All,

plz my solve quaries.

example:
1.we salary paid F.Y 09-10 & tds deducted & deposited but cheque not issued to employee till dated.
how salary expenses reverse in next financial year 10-11 & new cheque issued.

this ism urgent.

Thanking You


CA Arihant Kothari
07 April 2011 at 13:00

Foreign exchange gain/loss

if i import goods by making advance payment then whether i should account for foreign exchange gain/loss or not?



Anonymous

Dear Sir,
Please let met know about the payment date of TDS in bank, TDS Deducted on or before 30th March'2011.

Thanks & Regards,

Ajit


surender singh

hi

I have one query regds advance tax and provision for tax

In trial balance advance tax paid 50000 and provision for tax 150000 is given

in adjustments

tax liabilites 200000

So some one could tell me accounting treatment and payment entries related to this


Thanks
Surender singh






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