whether insurance is a capital nature or revenue why

Could anyone pls give some basic idea about IFRS implementation? Basically the difference between Indian Accounting Standards and IFRS.

How we can calculate the Break Even sales of a retail concern?

Does interest accrued apply only on Cumulative Deposits?

The company in which I am working pays the hotel expenses(including lodging) of its clients comming to India for official purposes. Since this expense being a major item in its total expenditure, please advice under which head it is to be accounted and whether it will be allowed as a deduction under IT Act, 1961

Dear All,
A company wants to write off its share premium account against the intangible assets present in its balance sheet.

Can you please guide me whether this is possible under the accounting standards and what is the way?

Regards,
Shraddha.

Situation is

Government has provided subsidy for acquiring the depreciable fixed asset. The subsidy amount i have deposited in bank until acquiring the asset. I have earned/received interest on the amount deposited.

My question what is the accounting treatment for interest earned on subsidy which is deposited in bank ?? whether it is deducted from respective fixed asset or accounted as interest income ?

can u explain the the slab rate of managerial remuneration in case of profit making company, i want to know the concept of whole time, part time or manager whatever in the slab with explanation
you can also send your ans at my id:
hereforeducation@rediffmail.com

A Ltd has acquired 12000 (60%)Shares in year 1999 in the company B ltd.and B Ltd. has incurred loss of Rs 60,000 and Rs.50,000 in year 2000 and 2001 respectively. Please Advice me, whether holding company will provide any provision for loss (subsidiary) in his separate balance sheet for the year 2000 and 2001 ?

i want to know how to maintain branch accounts in tally please explain me in brief
suppose ABC is holding company it have 14 branches then i have to creat separate company for each branch or in ABC only i have to maintain all branches account and how