Can any1 tell me the entry for profit on amalgamation in books of shareholder

I want to know if we make provision for Non moviing stock due to non use / old or obselecnce, we have to make necessary entries i mean reerse the cenvat credit for the provision for stock if yes how it is done. secondly will this have to intimate VAT dept as we file quarerly stock statment with the department. Another important thing is while computing the Income tax will this provision are to be offered for tax.

Regards

GIrish Mani

we have increase the share capital of company & paid some ROC Exp. Please let me advice that these exp are revenue nature or capital.

How can we treat this exp. while booking the expenses

Dear Sir/madum

Change in the Method of Depreication

In the above method =
1-10root of 5000/105000

Ans is : 26.247

Many Time i will try but not get coorect ans and also i submit above que. maths teacher he also not get the perfect ans

Please give the step by step above question ans

Urgent

thanks

regarads

Girish

what is the impact of ifrs on budgeting process.
is there any significant impact on budgeting?

plz give me details ?

Sir/Madam,

What are subsidiary books....???
Plz elaborate.

Thanks.

In a Limited company the Net Worth of a company is Share capital+reserve & surplus(excluding Revaluation reserve) - Misc expenditure & losses.My question is whether preference share capital includes in share capital or its only equity share capital.Also in reserve & surplus if there is revaluation reserve then its excluded and if consists capital reserve then should it be excluded because only free reserves are taken to calculate net worth

Borrowings under ECB is credited in USD to our overseas bank. Upon crediting the money in USD, an entry is created in our books at notional rate for creation of the loan liability. Subsequently, the funds are credited to our ECB (rupee account) in India at the the rate prevailing on the date of transfer. Upon transfer, the loan liability is restated at the converted rate. The difference between the notional exchange rate and the actual converted rate is treated as restatement of the loan liability and not as exchange differnece. Is this accounting treatment correct?

please suggest for the books for all three subjects of pcc 1) accounts 2) cost & fm 3) taxation.

please suggest me the books through which
I can clear the exams by self study only.. As I have not taken classes (and i m unable to.) as the time for november attempt is very less.

Business: Clearing & Forwarding agent
total receipts > Rs. 40,00,000
very low margin on receipts
comm. income ranging between 4 to 5 lacs
should i treat the diff between receipts and payments as commission ?