banner_ad


Anonymous
20 December 2018 at 20:38

Depriciation under companies act, 2013

Please answer,

FOR DEPRICIATION UNDER COMPANIES ACT, 2013

LED LIGHTS COMES UNDER OFFICE EQUIPMENTS OR ELECTRICAL EQUIPMENTS, ?



Anonymous
20 December 2018 at 19:55

Regarding fine jewellery export

Hello,
I want to start online selling of fine jewelry products on international marketplaces like amazon.com.
But I am not manufacturer, so I want to confirm if my manufacturer will make export behalf of my orders and then I will pay whatever invoice value to my manufacturer in INR, will it possible.
Because manufacturer require payment from me in USD.
please advise.


CA Vandana Rathi

Scenerio:-
There are three companies A Ltd, B Ltd and C Ltd.
B Ltd is a wholly owned subsidiary of A Ltd, thereby in Consolidated Financials of A Ltd, B ltd is also included.
C Ltd is a third party.It is not being consolidated with A Ltd.
A ltd has its 95-98% of domestic sales to C ltd. While C ltd further sale its stock to B ltd, which it had purchased from A Ltd.
There is no control in C ltd by either company(A or B ltd).

Query:-
Whether in Consolidated Financials does it amounts to Sales return for A Ltd?



Anonymous
19 December 2018 at 13:57

Applicability of indas

Company A is listed Company
Company B is non listed co.
Company A is a subsidiary company of B
whether INDAS is applicable to Company B


sarika
14 December 2018 at 15:37

Tour expenses a/c

A person is on tour for business purpose, hotel, phone , food expenses bill under which accounting head, or we directly debit to tour expenses A/c or we bifurcate them bill wise


Naina
13 December 2018 at 12:14

Advance paid

Hello,
My query is regarding Advance payment made for Hall for a function.
In the Balancesheet of 2017-18 this is shown as Advance paid,on the Asset side under Current Asset
What should be its current year treatment?


Balaji
07 December 2018 at 11:53

Required ledger name

Dear Sir.

I am an finance manager in pvt company. I have received a bill to make payment for weigh bridge. can you tell me which ledger to be account this transaction.
(i) whether TDS is applicable?
(ii) if applicable what is the slab and the rate of TDS?

Notes:
In our factory every truck will check the weight and then it will allowed inside factory and the month end they person will submit consolidated bill .The weigh machine is owned by individual and not by the company.



Anonymous

Dear Sir's

A Partnership Firm have entitled a Commission on Book Profit @ 90% of First Rs. 75000/- or 100% of First Rs.50000/- whichever is more, 60% of the next Rs.75000/- and 40% of the Balance Book Profit " as per agreement made by the Partners.

Ratio of Shares are 70% & 30% accordingly.

The Firm having a Book Profit of Rs. 2,85,316/- during the year before the Partners Commission .

Would you please advice , how can we calculate the Partners Commission?

Its very much help us for accounting the same ? Waiting for your valued reply

Regards


NITIN KUMAR SAHARIA
05 December 2018 at 19:24

Schedule iii of companies act 2013

Dear all,

I have a doubt about formation of Sch III of companies act,2013.
Schedule III will start with Equity & Liabilities head then Assets head will come.
But in Listed companies financial statement, it will start with Assets & then Equity & Liabilities
Why there is a format difference?
Can any one please help me.

link of one listed companies financial statement
https://www.itcportal.com/about-itc/shareholder-value/annual-reports/itc-annual-report-2018/pdf/ITC-Report-and-Accounts-2018.pdf














Avinash Jeevan Dsouza
04 December 2018 at 16:34

What is non budgetary control?

What is non budgetary control?






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details