have a company, we have to pay our C & Fs every month. One of my CAs says that we need to accrue the payment for their services everymonth (irrespective whether I recieve the invoices or not) & pay TDS next month ,other CA says that there is no need for accrual .We should wait for the actual bills to come & only after crediting/payment (whichever is earlier) ,we are liable for TDS deposit.Please suggest

Dear Mr Srinivasalu

We have decided to purchase the exacavator machine within india only i.e.
interstate purchase. Please clarify whether are we eligible against C Form since we are in builders and developers.

if a co rec. advance from its customer in us doller and want to convert into share capital what will be implications of ROC and RBI in this regard ?

Sir

Is that there is any guidelines for accounting treatment of derivatives.

Regards

CA DIMPAL GOEL

at what rate we will record closing stock of investments

Hai,,

Is software will be under an asset or expenses? and the software renewal charges will be an asset or expenses..

What is share application money. I am seeing share application money remaining on company's balance sheets for years. Why?

dear all,
piz tell me whether software should be cpitalize or not

difference between cash flow & Funds flow statement

Ours is a central government organisation and has a sports club and many of the employees are members. club is getting subscription from all members. The club is not registered with any body and every three years will have committee elected by members. I would like to know whether it is mandatory to have P&L Accounts and Balance sheet or only R & P will serve the purpose.. please reply to shankar.bh@gmail.com