IS IT POSSIBLE TO TAKE LOAN AGAINST BANK GUARANTEE LYING WITH US.

BANK GUARANTEE IS TRANSFERRABLE OR NOT.

WHAT IS THE PROCEDURE FOR ENCASHMENT OF A BANK GUARANTEE.

IS THIS POSSIBLE FOR ISSUING BANK TO TRANSFER HIS LIABILITY TO ANATHER BANK REGARDING BANK GUARANTEE ISSUED BY HIM.


REGARDS

RAJESH

Please help me to understand share capital .........need ful information on shares like abt share applications ,,share allotments etc

I will be thankful to you all

Can anyone please send me IFRS compliance checklist to my email id : nkanil@rediffmail.com ?

Aleternatively please let me know the source from where I can download the same.I could not find it in Share file section of Caclub.

Thanks.

explain me the accounting treatment of goodwill in a partnership firm.

how to proceed with the write off the unclaimed balances showing in a balance sheet as a refundable security/EMD
(I) if we write off the same after 3 years of completion of work as per 'Law of Limitation' then what is the remedy if the creditor lodge the claim after write off the same?
(II) If we write off it in profit and loss account then whether it is taxable or not and whether it is available for dividend or not?
(III) As per company law whether it is capital reserve or revenue reserve in both situation if the security retained for capital project or for contract of trading nature?

how to proceed with the write off the unclaimed balances showing in a balance sheet as a refundable security/EMD
(I) if we write off the same after 3 years of completion of work as per 'Law of Limitation' then what is the remedy if the creditor lodge the claim after write off the same?
(II) If we write off it in profit and loss account then whether it is taxable or not and whether it is available for dividend or not?
(III) As per company law whether it is capital reserve or revenue reserve in both situation if the security retained for capital project or for contract of trading nature?

i need a clarification pls help me.
Our client company is located in a sez unit .it is a sister concern of a abroad company.Abroad workers from parent company are working here.butin pay roll of this sister concern,thier names are not included. but the company gives them some amount as allowance to go thier country thrice in a year.they accounted this amount as vocation allowance under emplyoee cost. is it right ?

The Company has received Rs. 20 crore against fixed asset as Rs. 10 crore, Rs. 5 crore against the inventory and 5 crore against operating expenses. The Compensation was paid against non perfromance of certain activities for which the above assets we purchased and expenses were incured. The assets and inventory and assets is still with the company and the compensation doesnot include the transfer of the assets.The agreement is the compensation agreement and the company has not to pay any of the amount again in the future.

Please guide on the issue of accounting treatment of the same asap. Please guide me even to any guidance from ICAI regaridng the same

Please let me know what one means when he/she says "Balance Sheet Account reconciliations" are to be done?

Holding Co is preparing accounts in USD and Subsidiary is preparing accounts in Euro. The subsidiary have borrowed USD 70 Million Loan from HSBC and they have recored in their books considering the exchange rate on transaction which is amounting to 69.8 million. While consolidating the accounts, What is the amount to be considered in the consolidated accounts. Can we take directly USD 70 million or as usual convert Euro 69.8(as in the books of subsidiary)as on year end.