Amit sharma
17 February 2011 at 12:06

prepaid insurance

if my company pay prepaid insurance what entries will be pass by me in our company's books


Parth Shah

Hi, I have Querry related to Companies formed under Companies Act,1956.
I have one client who is having Pvt. Ltd. Company, Now the Annual return of it for last two years has not been filled with ROC (Registar of Companies). So I want to know that now what is the procedure to filled the annual returns with ROC. What I should required the documents & whats its procedure!!! & also tell any website for filling online Annual return of Pvt. Ltd.????
please waiting for reply.
& also tell any website from which i can get details & knowledge regarding Company (Pvt. Ltd. as well as Public Ltd.)



Anonymous
16 February 2011 at 12:21

Capitalisation of Expenses

Dear experts,

we have imported elevators from china for clearance and other duty we have hired a cargo agency who will clear from custom and deliver the material at our site and we have also paid custom duty directly to custom department.
now kindly advise can we capitalize custom duty and freight and other charges paid to reach the material at our site for use and for production or should we show custom duty paid separately on books. if some one can send me this is in detail and with example.

Regards


Sheetal Kapoor
16 February 2011 at 11:42

Accounting for lease of land

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.



Anonymous
15 February 2011 at 22:37

DIFF B/W PROVISION & PAYABLE

PLZ
TELL THE DIFFERENCE BETWEEN PROVISION AND PAYABLE


Arun Iyer
15 February 2011 at 16:15

WIP VALUATION

WIP VALUATION:-

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

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

THANKS


irfan
15 February 2011 at 15:25

query about professional fees

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



Anonymous
15 February 2011 at 14:41

AMALGAMATION

HOW TO CALCULATE PURCHASE CONSIDERATION IN CASE OF

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

PLEASE HELP A.S.A.P.


VINITHA RAJESH
15 February 2011 at 12:59

Accounting Standards

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.


Mohit Gupta
15 February 2011 at 12:51

AS- 11

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??






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