what r the elements of Misc.Exp......? and wheather it is an P/L item or balance sheet item. Plz help me

R/Sir,

Please tell me that my unit is 100% Export unit but now i am started local sale in few month.
My unit is 100% export unit & sothat my all purchase or sale on Tax is refundable can u tell me after i sale my product in a local market can that vat or CST is refundable & also tell which books i shall maintain & also tell me my reg. Office in Mumbai my all export sale in enter in reg. office because its total export now im am sale in local market my product can i enter all sale entries in my factory in Aurangabad because my factory in Aurangabad ,
please tell all that in breaf,

Thanking you,
Regards,
Paresh

Please tell me about how to make Balancesheet which entry transfer mainly to P& L A/c & if any easy excel formet for Balancesheet please send me

Thanking you,

Regards
paresh vaidya

Thanx Vineet,

AS-21 is not clear on the following:

when Accounts of the subsidary are in $USD & Holding are in rupees. How to convert the accounts of subsidiary from US $ to Rupees so that
the account of both co are consolidated in common currency.

Say Subsidiary is in Dollars& holding is in Rupees.

Regards

A Subsidary co of ours is registered outside india.The Accounts Are compiled in Foreign currency say USD.

We have have a holding company registered in india preparing accounts in indian currency.

Want consilidate the B/s & profit & loss account of both companies & show the conslidated figures in indian rupees.

How to consolidate.

Rakesh sharma

Please tell me how to make Balance Sheet Which enrty mainly Trasfer to P&L A/c & If pissible please sent me easy Excel format for Making Balancesheet format

Thanking You,

Regards
Paresh

Hello Freinds,

I would like to know if a retailer show his income under Section 44 AF and does not maintain any record, his total receipt does not exceed rs. 40 Lacs in the previous year and he shows 5% profit.
Now my question is, his item is sales taxable and he is required to furnish sales tax returns quarterly then for that purpose what record he should prepaired to keep away the sales tax department and income tax department.

Please let me know



Thanks in advance

hello,

my query is relating to the scrap value of fixed assets. facts are given below :

our company is following the depreciation rate of 31.67 % by SLM method with a scrap value of 5% on EDP assets.
one of our assets(laptop) given to an employee for his personal and official use. after 4 years he has resigned. what is the value we should recover from him ?

Hello,

Please help me out.

1). I would like to know that if a retailer starts his business in a local market, then please tell me is there any creteria not to maintain books of accounts and if yes then up to what limit. and if no then what should he do, so that he should not be faced any problem in relation with sales tax deptt and income tax deptt.




thanks in advance

Dear sir
1)one person take loan for purchase of shares for investment purpose. On that loan he paid interst. What is the treatment for this transaction.

2) question: This person purchased shares 4 years ago.since onwards he capitalized that interest. What is the treatment for this transaction.