Hello sir,

I wanted to know the applicability of AS-7 in the following case:

An individual has given his property to a company to develop and build residential flats. In exchange the individual will get 3 flats. So, is AS-7 is applicable on the company.
Please help.

Regards,
Jyoti

The asset is wrongly classified as P&M instead of Intangible asset. whether Amortisation/ Depreciation shall be with retropective or propective effect?

What is an Equity Stock?
How is it different from Equity Share Capital(fully paid up share capital)?
What implications do the conversion of Equity Share Capital to Equity Stock has?

Can u pls explain FTP ( FUNDS TRANSFER PRICING) and its uses for a company

regds,S.KUMAR

sir

our firm is a partner ship firm.the partners of the firm had paid chq for medicine required to them. should the transtion is tobe posted as expenses or to their capital ac

please say
capital partner dr
bank cr

Please tell that if an assesse is into a business of constructing house and then selling it, then for the purpose of valuation of WIP of house, would AS-7 be applied or AS-2? If you say AS-7 will be applied, then remember that it requires an agreement on the basis of which you will calculate % of completion of work, which is not available, bcoz first the assessee makes the house then sell it. If you say that AS-2 will be applied then remember that AS-2 specifically excludes valuation of contruction of buildings/houses.

Can anyone explain me

mainly what matters seen in finalization
except Accounting Standards

Respected sir,

I have to pay Rs 60,000 / annually for 5 years, at end of 12th year i will get Rs. 1,200,000 - what will be my IRR, is it adviceable

regards

juzar para

Hai Friends I am manikandanv from Coimbatore.

Could you please tell me how can i improve my language (English)because i am study upto 10th in Tamil medium.

please help me.

please answer this question-

CMA Data means " Company Management Advisory data or Credit Management Advisory data