We have obtained a financing from bank for additional capital increase in an associate company. There are some cost incurred for arranging finance apart from interest payable to the bank.

Pl advise if the mis cost incurred like commitment charges brokerage etc can be capitalised to our investment in the associate company.

regards

nayeem

What are the accounting entries to be passed for debit note and credit note?In which scenario are they issued?What attachments should be there for filing them?

Hi,


How to ransfer ITO Ward for PAN Numumber.
where i need to get refund from the department but ITO officer his telling me to transfer the ward to his ward otherwise he dont have authorisation to access the same.


Please Help me.

Thanks & Regards,
Guru

Dear Sir,

I have one doubt in accounts. This doubt I am asking only academic point of view.

In an enterprise which is following the SLM method of depreciation. The Asset value as per the books has come to zero. But the assets are physically still exists. My doubt is how to account these assets in the books of account.

Thanks in Advance

Dear All,

Please let me know custom duty saved against import of goods under EPCG license to be shown under contingent liability or not?

As per EPCG license company has to export within specified period 8 times of duty saved.

When we have prepare estimated balance sheet (supposed 1.4.2010 to 31.12.2010)(not 31.3.2011)what are the procedure of these estimated balance sheet?
and also is it necessary to charged depreciation on fixed assets?
rply must from anyone exports.

MY FRIEND WHO IS IN FINAL COURSE SAYS ME TO PURCHASE THE NOTES & SOME MATERIALS FROM POOJA LAW HOUSE.
I AM A IPCC STUDENT.
PLEASE HELP ME TO KNOW THAT SHOULD I PURCHASE IT OR NOT.

how should one post this transaction? the total cost for this was Rs. 95,000 as it was made of aluminum (incl. fixing cost) should this be taken into assets. if so, under what head? pls. let know.

wht all should i do in ifrs for may 2010 final ca?

I was just going to register for the ICWA course but I have a doubt that its not a gud course m saying so at last moment coz someone (a CA student) discourage me that cost & work accountants works in factories coz their work is of budgeting.