COMPANY'S FINANCIAL POSITION IS WEAK AND UNABLE TO ISSUE THE SHARES AND REFUND THE PENDING APPLICATION MONEY TO THE PERSONS WHO APPLIED FOR THE ALLOTMENT OF SHARES.

THE APPLICATION MONEY RECEIVE FOR 2 YEAR AGO AND NOT ALLOT THE SAME.

THE APPLICATION MONEY EXCEED THE AMOUNT OF AUTHORIZED SHARE CAPITAL OF THE COMPANY.

1. MY QUESTION IS WHAT PLACE IN FINANCIAL STATEMENT I SHOW AND UNDER WHICH HEADING.

2. HAVE ANY CONTRAVENTION OF THE SECTION OF THE COMPANIES ACT 2013 AND RULE MADE THERE UNDER.

hello all .i like to ask u guys a question .am from engineering .is this field(ca) good for engineering student .please guide me

We have purchased cash counting machine for Rs.6200/-. Under which Indirect exp. it can be accoounted. & we have renewed our tally licence for 1month Rs.1850/- Under which expenses it can be accounted.

Please reply

Ashvin

interest on capital, remuneration, salary of partners where it should be taxable.

should i prefer articleship in big 4 or mediocre firm? plz clear my doubt?

can you say how to bank calculate interest what is percentage and my in the company limit is 14000000.please give me solution and in my bank statement interest rate is 16% and bank name is SBI.

hw to maintain debtors details correctly in order to knw whicg payments r pending.

I have a client who's closing stock which is fake as per books is more than actual physical stock and it is also liable for VAT so how to clear it without incurring tax incidence

Dear experts plz solve my query,,,,,,
What is the difference between Provisional, projected and estimated balance sheet.is there any auditor sign required.
Please tell me briefly.

Thanking you..,

Hello experts,

As we know at the time of capitalisation we have to deduct NRV of scrap from the total capitalisation amount and have to book a new asset as a scrap.

so if a company did not consider this point at the time of capitalisation in previous year in whicha capitalisation instrumented.

then in current year when Scrap is disposed and realise, what should be the treatment of receipt from scrap as this is originally should be deducted from capitalised value.