Please guide me i get confusion in the following problem.
Suppose a parent company acquires 75% equity share on 1-10-2000 in a subsidiary company. Later on 31-03-2001 assets of the subsidiary company are revalued upward by Rs 200000 then, will the revaluation profit (reserve) of the subsidiary treated as Post acquisition profit or pre-acquisition profit. Or there is any other treatment, please suggest.
iam doing MBA distance mode, i would like to join a computers,other than tally & SAP any good sowftwares is there, in accounts, i would like to be in a good postion, could u please guide me,
Hi, I've a query!!
Its about 1 savings bank account I'm having with nominal balance of 15000. I got this opened when I was doing part time job with college studies for only 3 months. Then I did not operated it for 4 yrs.
Now, in these 4 yrs I got shifted to some other state where i worked full time and had got my PAN card and filed a couple of IT Returns - without the above said bank details. ( I almost forgot that).
Now I'm again shifted to my old place and wish to operate my old bank account which I've not shown in books and return. So can you please suggest me if its legal/valid or any way how I can operate it and show in my next IT return.
I'd appreciate your help.
friends,
cau u please clarify what is the last date for remittance of TDS ? is it end of the month or 7th of the subsequent month? what is it in case for the month of march ?
thanks.
on site capital work in progress completed total expenditure capitalized after 3 months in the same site some extension of building work was going that expenditre was booked under capital work in progress or accounted to buildings please sir
I read somewhere, as per ICAI revised guideline, gain / loss on foreign exchange currency valuation should be transfer to profit and loss account instead of capitalization of same. Could any one please confirm the correct ness of this. Any Guidance note issued by ICAI in this regards. Thank you.
in a branch account , if wages still owing it will be deducted from remittance or not please tell. if not what is the treatment
A company has entered into various raw material purchase contracts with suppliers for next 5 years. On 31 March 08 it is noticed that the contract value is much higher than the current market prices .
Are there any disclosures to be made in notes to accounts for the FY 2007-08?
If yes, please quote the relevant Accounting Standard.
Thanks
AN AMC Contract for the period of Jan 07 to Dec 07 was taken and the same was expensed out entirely in the previous year and the statutory auditor was unable to recognise it, wherease in the current year the same is recongnised by another auditor, then what will be the accounting treatment for such rectification
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