i have an query if asset is under WIP and some income receive from it what is the treatment. for eg- i have an asset valued Rs 100 crore and asset is completed but no completion certificate received till date and income earn from it Eg. Rent than what is the treatment of rent is this revenue income or it should be less from Capital WIP????
please provide me Para of AS-10 in which it written.

Dear All

Plz let's know the any book or any website from where i can get the details journal entry of accounts which we are using in manufacturing industries.

Waiting for feedback.

Dear All

Plz let's know the journal entries of accounts which we are using in manufacturing company. I.e Purchase with vat & it's effect & many more.

SO where i can get ths noformation.

Waiting for feedback.

Please explain me about the excusions from input services as per Rule 2(I) in very simple words!!!

Enter content here

We are doing automobile business, turnover crossed. Whether we should follow accounts book or not.

I wrongly passed entry in balance sheet for audit fee via cash but it was paid in next FY.i.e it was to be shown as payable. how can i correct my mistake or i need not correct it. My CA has already signed it and he doesnt know about this.

In Book Depreciation is Rs. 20000/-, and as per IT Depreciation is Rs. 18,000/-, so in this case kindly tell Entry for deferred tax, with some information. I am creating deferred tax in books for first time

Please guide me in finding a good job in MNC. having experience of round about 6 yrs in CA firm and in pvt. ltd . company.

Good Afternoon to all,

My Query is :
AS 15 (revised, 2005) is applicable on the following :
1. Listed companies on any stock exchange in India
2. Banks/FIIs/Insurance companies
3. Companies having turnover of more than 50 crores
4. Companies having borrowings or deposits of more than 10 crores
5. Companies employing more than 50 employees
6. Holding or subsidiary company of any of the above
Above-mentioned companies must get actuarial valuation done externally as per AS 15 by a certified actuary at least once a year.
Is there is any other condition for Acturial Valuation of Leave Encashment(Short term or long term).
Moreover, is there any condition regarding short-term or long-term leave facility.Eg: If a company is giving 15 days earned leave in a calendar year cumulative upto 28 days, is acturial valuation required to be done, as 28 days is short term leave.
Kindly help.

Thanks & Regards,
Akshay Choraria