what is differnce between Revenue and Income according to ICAI standerds and his guidelines.

Dear,

I want the information regarding
1.How to interpret Balance sheet Data
2.Interpret the Ratio Analysis
3.Interpretation of ratios
4.How to interpret Cash Flow Statement,Fund flow, application money, Source of capital, etc.

Plz provide me any side or mail at
ronak24@aol.in

Thanks

Ronak

what exactly is turnover?
in case of person having professional receipts and bank interest and interest received as his incomes. then what will be his turnover? will it only be professional receipts or all the incomes will be included in his turnover?

how to account these type of transactions: if A is the brand name owner and B is manufacture,
pack and affix the label of A on behalf of A. and also print the mrp price on it. further B send
the goods to C (governement co.) to distribute the products through C 's various depots.
the products MRP price is 200/-( includes cost+ duties+C,s commission and retailers mrgin) A will
fix price for C - 150 on a commission of 5%. C selling price - 157.5/- retailer margin - 42.5
- mrp = 200 my quetion is that what is a/c treatment in the books of A,B,C.

We are importing a machinery. For that an LC have been opened and our bank have debited our CC account with Rs. 100900/- commission. What should be accounting treatment of that commission? Revenue or capitalised to Machiery?
Please answer, its important.

I deducted EPF of employees as per EPF A/c. i.e.12% from salary of employees & employer, but I deposited excess epf of employer share i.e. more than 12% for the period from Oct, 08 to Feb, 09, than adejustmenst I should have to do done now. whether it should be recoved from employees or adjusted in coming year epf contribution.

I would like to ask that if the date of order in case of merger is 06.01.09 and
the effective date in order is 09.04.09, then which date should be considered for giving the effects of merger in the books of transferor and transferre company.



thanks!

pls tell me applicabilty of WDV and SLM method under companies and income tax act.

whether we can use slm under income tax act.
How it affect the MAT for calculation of Tax

hi,
we transfer one used machinary from our one location to another location,wheather the incidental transfer cost and instalation cost of such machine to be capitalised or to be charged to revenew as per As 10.

Dear all
Is interest u/s 234 A,B,C required to shown below the line as part of the “provision for income tax “or should be show above the line as tax expenses? Is institute has issued any guidance note regarding Disclosure of interest u/s 234 A B C?

Please guide me

Thank U

SANKAR PARANAM