manmohan

can sugest me how to treat the same in this condition if i purchase a software of Rs 13000 and amc of software is Rs 6000.


Guest
08 June 2010 at 11:42

Lease Land but without Consideration

What will be the treatment of the leased land if we got it without consideration.

An Goverment Authority gave land to use it for 5 years but did not take any consideration, only lease rent of Rs.3 lacs per annum is to be given.

Now my question how to treat this land in the balance sheet, since AS 19 does not apply on leased land and without consideration we can not show it in the balance sheet.


DEVENDER THAKUR
07 June 2010 at 19:12

TDS

Hi sir,
I want to know about some book that will provide me the knowledge of TDS, Income Tax. Would somebody tell me the name of the book with author and publisher name?


DEVENDER THAKUR
07 June 2010 at 18:56

Depreciation rates

Hi Sir I want to know the rate of depreciation on different assets. Is it fixed for a particular kind of asset. If a there is an addition in the asset on 20th of Jan of a FY ending 31st march then how will be depreciated. will it be depreciated for hafl part of the year or for the rest of the days of the FY?



Anonymous
07 June 2010 at 18:43

R&D Cost

Hi All,

Pls Clarify me regarding the following..

How to treat R&D cost in the books of accounts?

when it will be deffered ?
when it will be revenue?

if it is deffered howmany years we consider in pharma companies?



Anonymous
07 June 2010 at 17:14

Capital Account

Dear Experts,

we purchased Equipments (capital A/C)
we paid first advance: 350075/- (By Chq)
Second Advance: 310887/- (By Chq)
after delevery the Equipments we paid full and final amount of Rs. 1977663/- (By Chq)how to pass the entry in tally 9

Thank you.

Reddy



Anonymous
07 June 2010 at 15:40

Sale on approval

Where are the sales made subject to approval showed till they are actually approved by the customer?



Anonymous
07 June 2010 at 11:26

Vehicle Loan

Hi Experts,

We have purchased a vehicle for office use i want to know what is the entries ihave to pass in tally9.

first payment 235964/-
installment 16029/-
amount financed 443040/-
36 installments

thanks in advance.


ramji
06 June 2010 at 11:46

Capitalization

Please clarify whether the expenditures as detailed below can be capitalized?
1. Tally software purchased
2. Additional stabilizers purchased for A/C units


Prashant
05 June 2010 at 23:13

Capital Expenditure

Hi..

Will loan processing fee and bank commission will capitalized if its related to credit facility which is taken for acquiring office premises

Please let me know.

Thanks,
Prashant






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