If a real estate company has taken land on lease of 90yrs whether rent paid for the same should be reflected as WIP or Fixed asset and whether as 19 should be applicable or not? however as 19 specifically exclude land on lease from as 19.

PLZ
TELL THE DIFFERENCE BETWEEN PROVISION AND PAYABLE

WIP VALUATION:-

INCLUSIVE OF raw material, consuable, power, and ........

WHAT ARE THE EXPS. WANTS TO ADD FOR THE PORPOSE OF CALCULATION OF WIP.

THANKS

we got bill of 60000Rs of professionl fees
we are giving them reimbursement of 2500
as ur expenses

so tds will deducted on which amt
57500amt or 60000

plz reply

HOW TO CALCULATE PURCHASE CONSIDERATION IN CASE OF

a.IN NATURE OF MERGER &
b.IN NATURE OF PURCHASE.

PLEASE HELP A.S.A.P.

A company was incorporated in 2009. There are 20 employees in the company as on today. They have not provided for gratuity till now. The obligation for payment of gratuity arises only after 5 years.

Is the company required to give provision for gratuity in the books. Do this need to be certifed by an actuary as per AS 15.

Please advice.

I have a debtors of Rs. 100 and for hedging this i took a forward contract of Rs. 150 due to transaction in normal course f business.

So wat will be treatment as per AS-11 on year end in books of A/c??

i always face the problem of DEBIT & CREDIT. give me example & concept of debit & credit so i wil never forget & mistake for debit & credit

what is intrinsic value

if balance in share premium and capital reserve account is 20000 at the time of acquisition of subsidiary shares and 50000 at the time of consolidation.

so my question is that whether 30000 will be considered as capital profit or revenue profit under AS 21.

please reply as soon as possible
Thanks