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

Dear All,

Please let me know that auditors remunaration paid to auditors by a company is allowable expencess for the company

Thanking you

PLEASE I AM USING TALLY7.2,ONE MORNING I OPENED IT AND I REALISED THAT I LOST SOME OF THE LEDGERS AND THE REMAINING ONES TOO ARE MISSED UP.LATER BEFORE I WAS TOLD THAT THE TALLY SOFTWARE HAS CRUSHED.PLEASE HOW DO I SOLVE THIS PROBLEM.

a person first incurs expenses on some items & Bribe.

then afterwards the company reimburse him the expenses incurred by him.

The co. initially depsosit the amount in that person bank account. further he incur expenses.

how we pass entry.

apart he provide production service chargeable in service tax.

Hi

Pls resolve my query.

suppose a person provide production services to media company(Chargeable to S. TAx).

From the said company, the amount regarding expenses & Salary is received.

Now., Salary is ok

But how we pass entry in the books of the amount that not belong to him.

He incurs expenses on bribe & Others.

He then Gives the bills to said Co. who afterwards reimburse him the expenses incurred by him.

Dear Experts

Is it required for bed debts w/off more then 3 year old

Dear Experts

Is it required for bed debts w/off more then 3 year old

Dear Expert

Please help regarding my queary about Debtors W/Off

last year(2007-08) my client tax liabilities as per audited balance sheet Rs. 3.00 Crore

but this year(2008-09)we observe in last year one of Debtors which amount approx 1.00 Crore which are likely Bed debts and not taken Bed & Doubtful debts provision and we want to take provision in this year

so please advise regarding how affect tax liabilities last year 3.00 crore and what entryies pass in account

Thanks