A person who engage in Construction of residential flat for the purpose of sale after construction works are complete in that cirumstances AS-7 are applicable or not for Revenue Recognised in the books of accounts in assesse. Pls reply the queries along with citation of court case if any.

if we have made a contract for making of video file for our commercial project its inclusive of (3d animation) is applicable for deduction of TDS 11.33% at source is right or wrong. total contract value is more then 150000/-

regards
Ravinder

Confirm whether PCFC Loan taken in foreign currency will be revalued at TT Selling rate or Average rate

What details are mentioned in APR report submitted to RBI? if you could give example of any company will be of great help to me

wat shud be da ex rate at which goods imported & sold at high seas be recorded??

Hi

Please help me to solve this question.

D. Ltd. issued 2,00,000 shares of Rs. 100 each at a premium of Rs. 20 per share payable as follows:

On application : Rs. 20

On allotment : Rs. 50 ( including premium )

On first call : Rs. 30

On second and final call : Rs. 20

Applications were received for 3,00,000 shares and pro rata allotment was made to applicants of 2,40,000 shares. Money excess received on aplication was employed on account of sum due on allotment as part of share capital. E, to whom 4,000 shares were alloted, failed to pay the allotment money and on his subsequent failure to pay the first call, his shares were forfeited and F, the holder of 6,000 shares failed to pay the two calls and his shares were forfeited after the second call. Of the forfeited shares, 8,000 shares were reissued to G at a discount of 10%, the whole of E's forfeited shares being reissued.

Q Application money adjusted against allotment = ?

Q Net balance in Share Capital account = ?

Q Net balance in Securities Premium account =?

Q Net balance in Share Forfeited Account = ?

Q Net balance in Capital Reserve Account = ?

Please explain

“Which method of depreciation is relevant in financial accounting in current scenario and why”?

Dear All


I need work on hand sheet file in excel work format present i vl do it pl it is very ungent please do the needful

Regards
Suresh

when machine spare parts purchase againt cash then if it may go to particular machine A/c or it may Repairs Plant and Machinery A/c

Please clarify this

Thank you with regards

we are indian incorporate company and almost all the investment in our company is made by forein entity(company) , here my question is can we need to close the books of accounts upto december 08 under the law , and also we have to close our books of accounts as at 31st march 2009. pls clarify my querry.