It is mandatory to keep books of accounts of a company on accural basis



if we want to maintain our book of accounts on cash basis
it is allowable or not according to Indian Companies Act 1956 or India Income Tax Act 1961.

It is mandatory to keep books of accounts in the case of a company on marcantile basis

sir,

pls tell me what are capital gains.

what is stock audit

Sir,

Pls guide me how should i calculate depriciation on fixed assets as per income rax and as per company act and what amt should i transfer to profit and loss account i.e depriciation as per income tax or as per company act.

pls send me the depriciation chart as per income tax and as per company act.

AS-7 “Construction Contracts”, whether applicable or not, to projects undertaken by the enterprises on its own account as a commercial venture in the nature of production activities?

E.g. House construction by Local Authority or company and after completion sales by draw.
E.g. Flats construction by a Co-operative society for its members.

AS-7 “Construction Contracts”, whether applicable or not, to projects undertaken by the enterprises on its own account as a commercial venture in the nature of production activities?

E.g. House construction by Local Authority or company and after completion sales by draw.
E.g. Flats construction by a Co-operative society for its members.

Now i appeared for ICWA final examination,whether icwa has good scope for practice in income tax, as i know cost accountant can not signed or approved the accounts of the company. i plan for the CA course,so give me the advice on that.

hi, this is tanuja.. for accounts -tulsian is good..? for pcc-tax singaniah or manoharan... which one is more comfortable to understand easily...