In case of sale of fixed assets to subsidiary
whether we can realise the profit on sale of fixed assets? My view is that any unrealised gain or loss on intragroup transactions are to be eliminated for consolidation purpose.
Let me correct if i am wrong. If i am correct please substantiate my answer with para no. in IAS 27 or any other reference.

Expecting your reply eagerly

A company leased a land for Rs.2.50 crores, whose lease period is 90 years. The payment was made by equity shares for 1 crore at the beginning, and balance 1.50 crores would be made by 10 annual payments of Rs.15 lacs. Apart from that the lease rent for each year is Rs.420/-

Whether it is covered by AS 19 or AS 10? If so,Kindly tell me what are the disclosure requirements in the Statements.

Can anyone explain the process involved in Accounts Receivable & payable process..

Under what head should the expenses booked for payament made to recruitment agency

what is fund base & non fund base?

While purchasing goods sometimes supplier give Cash discount whether fixed or on a certain percentage basis

My query is what is proper treatment
E.g. Purchase - Rs 100/-
Discount - Rs 10/-
Net Payment-Rs 90/-

Option 1) Debiting purchase by Rs100/- & open a separate a/c "Discount" & crediting Rs10/-

Option2) Debiting purchase by Rs90/- ?


Is the treament changes if discount received is
1) recurring/regular basis
2) non-recurring?

Thanks

hi professionals please reply to my question as a colleagues
recently i am prepared 50 lacs term loan project report for bank loan purpose to one un known client
will you please suggest me how much fee can i take from him resonbly?

Dear Sir
What is the difference between Accelerated Depreciation, Additional Depreciation, Accumulated Depreciation, Unabsorbed Depreciation?

Respected Sir/Madam ,
I want to know exactly what is RTGS?
And how this help in clearing cheque?

Kindly reply.

How to revise/change the Capital Structure of a Company?