AS-17 Segment Reporting is applicable on all listed enterprises OR
It is applicable on any enterprise whose turnover exceeds Rs.50 crores...

Plzz rply....

WHAT ENTRY SHOULD BE PASSED FOR SET OFF INPUT/OUTPUT TAX PAYABLE,AND WHEN ACTUAL PAYMENT IS MADE THEN WHAT ENTRY SHOULD BE PASSED?

if an employee is given a car by the company which has been bought in the name of the employee but the EMI for the same is paid by the company then can the car be treated as a company asset.
Pl advise how this transaction should be accounted in the company books and the income tax implication for the individual and company

a limited company received a bill for 2500000 in the month of august 09 in respect of contract expense relating to may09 but the company recognise the bill in the month of december 09 and deduct tds .the contention of the co. is that it has received the bill in december . so it has booked the bill in december and deducted tds. whether the company is right in booking the bill at the time of receiving the same. if the company is right please give reference.

What will be the treat ment of revaluation reserve on land?

when revaluation reserve can be write off?

Hi Sir,
IF WE PURCHASE FUEL FOR THE GENERATOR BEING USED AT THE OFFICE PREMISES AS ELECTRIC EQUIPMENT, THEN WHICH A/C WILL BE DEBITED.

How much expenditure one can putr under mis. expenses head?

for co there is a rule as per co's Act but what abt other concern such as partner ship firm and all like that other than co?

whether deffered revenue expenditure is considered for the creation of DTA/DTL during the year?

Partners on starting a firm, instead of depositing cash to office account, spent money themselves for office exps. Now while writing account, are we to mention that they have deposited cash or can we credit expenditre and debit, partners capital account directly. In this way, we can reduce some entries. Kindly guide.

If Vat & Service Tax are charges in Indirect Expenses suche as Printing Stationery,Repairs etc,Service tax charges in Maintanance,Repairs,Rents Etc.How should the Expenses Accounted.Whether setoff or Benefit can be taken.Please give some Logic.how should i account.

Muncipal Tax Paid what should be the account head.

Regards