What is the relationship between 2 companies called if one is holding 100% prefrence shares of another.

Dear All,

Due to Excess payment of Service tax in month of February 2014, Service tax payable is showing Debit balance as well as credit balance for the liability of March month as on 31.03.2014.

Here Net of Service tax liability of Service tax payable should be shown in statutory liabilities ????
Or Debit balance should be shown in Balances with Government ????

Hello Experts,Please guide me Depreciation applicability as per new companies act 2013. As per new act depreciation should deduct as per useful life of an asset. My query is
- the useful life mentioned is minimum or maximum life of an asset ?
- is there any transitional effect on assets continuing in books, on which depreciation deduct as per old co. act 1956?
- from which date the new act applicable ?
-our company brought a new car on 15.06.2014, depreciation deduct under new act useful life 8yrs. or as per old act 13.11%?

many thanks...

If A client have an business of catering & also he earned income from Agriculture. So what is the treatment and entry of agriculture income. Is any effect financial Statement i.e. Balance sheet or Profit & Loss a/c

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Q,Which of prts rojnamche?

Hi

I need the guidance on depreciation rates for the equipmnents used in an icecream parlour.
Icecream scooping machine
Cone baking unit
Crepe Machine
Dishwasher
Freezer
Fingerprint system
Water purifier
Blender
Waffle Cone Baker
Airconditioners
Generator
Music System
Leasehold Improvements

what is a bank reconciliation statement

hi experts, i want to know what is the relationship between two companies will be called if one is holding 100% prefrence shares of another .

realization account , is it on profit /loss on realization basis ? eg. stock 37000 . realized value 27000. so which amount should be transferred in realization account..10000 or 27000?

Please give me important topic and questions for ipcc nov 2014