Cld anyone tell me for sure please whtr IFRS are applicable for May 2011 C.A. Final exams.If yes, frm where can i get the notes?

thank you but i still have doubt should i take salary of previous employer on gross salary of employee or on net salary recd. by them & as biffurcation of salary provided by them(considering absentees also) - they do not have form 12b from previous employer
1) also many employees were not working for 2-3 months so i have to take estimate salary for that month also or leave it
2) our co. paid salary in cash in sept & oct but regd. from 19/10/2010 so would sept to 18 oct tds to be deducted or not
pls reply urgent

our co. regd. on 19th oct 2010. so i have to calculated tds on estimated salary of april to mar only for finding whether person comes under taxable slab or from 19th oct to mar
should i take actual salary upto now or gross salary and give applicable deductions
total tds to deducted will be from 19th oct to mar 2011 but for finding taxable salary count from april to mar
pls reply urgent

I hav Sole Proprietorship firm .
queries:
1.i want to purchase some gold for my mom. what would be the expense head ?
2.can i pay my and my spouse insurance preium from my current accounts.
3.i hav to make some percantage of commision to the person who had give me the reference.how to pay that payout and which form and head.
regards,
chiranjivi rao

We have purchased a Car on Loan of Rs 14 lakh. The lender has disbursed Rs 13,77,471/- after deducting 1 adv EMI of Rs 22,529. What should be the treatment in books. Please reply with the help of Example

Thanks & Regards

cash ceased by a Authority can be shown under the head "Misc. Assets" if no what is the right treatment of it.

how to record the transaction when we exchange two currencies. like
$1000 we receive and we Rs.45000
how will we record this transaction in journal.

Dear Sirs,

Daily we are trading steel trading NCDEX, for eg. steel rate is 28000 for 5% margin money we buying & selling for 29500.00. Brokerage & turnover charges are their. How we have to account these are all.

Any rules are their to account share / Commodity tradings.

A.S.Hiremath

Sir,

can anyone provide me drafting of letter to send party for asking to send c form otherwise we will charge intt.

in Acc.Depreciation we made entry for all the assets in asingle Journal entry or seperate entry for each assets

Eg: depreciation DR 2500
To Acc. Depre Furniture 1000
To Acc. Depre Machenery 1500

OR Depreciation DR 2500
To Acc. Depre 2500