My company is real Estate developers -recently it had undertaken the construction process of its own project.My question is whether As-7is applicable for us? if yes- then how to be reported -whether the flats already booked will be taken into consideration-another point is whether we are liable to deduct Pf and ESI from the contractors working under us if not having the registration numbers

The Government of India- Ministry of Corporate Affairs has issued a Notification on NACAS Accounting Standard-11. ( GSR 225 (E) dt 31-3-2009. This Notification, I feel is very poorly drafted and difficult to comprehend. Can anyone help me in understanding the proper Accou nting Entries please ?

My corporation is maintained Accounts in Tally, 9 package. Corporation not maintain account in Physical format i.e. like Cash Register manually it is legal or not

What is mean by Small and medium companies and non small and medium companies.
SMC's and Non SMS's
as defined by company rules 2006 section 211
And why organisations are classified on the basis of SMS"s and Non SMC's concept and Level ,I-II-III concept .

Dear Sir/Madam

Please prescribe the treatment for the debit balances in directors account who are also the shareholders of the company.


Thanks & Regards
CA Sayeeda Banu

HI,

Vehicle is not owned by coy. But petrol expenses reimbursed to directors for their own car used for official and personal use. where to account this exp. in vehicle maint. or Local conv.

Dear experts,
Firm has taken a NSC in Oct'08.
For the purpose of finalization of A/c it requires rate of interest which will be imposed on it. Is there need to obtain any certificate for the same, if yes from where can be obtained, also inform the reqiured Journal entries.

Thanking You

Can anyone tell me a brief idea on the recent ammendment made in AS-11 ?

Dear All,

I am working i a Ltd Co. Our Company has acquire the bussiness of one of our group company and we had paid Rs. 2 Crore . I would like to know the accouting entries for the same.

Thks

Dear All,

I am working i a Ltd Co. Our Company has acquire the bussiness of one of our group company and we had paid Rs. 2 Crore . I would like to know the accouting entries for the same.

Thks