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Huzefa Ali Manager
14 April 2014 at 18:33

Pending allotment money

if I am having pending allot miney as on date 31 march.wiil new act wil b appkicable on that money..means whether I have to allot shares for it in 60 days..if suppose 60 days have elapsed as required under neq ca 2013 and I have nt alloted shares dan what wil happen..if I allot it nw as if there is no form available to aubmit to roc..plz helo sir what is the way to solve it as I dnt want such money to be mwntioned in my balance sheet of this year


firoz ali

manufacturing firm sold goods to the whole seller on 28/03/2013 as follows

s.debtors A/c Dr. 110
To sales 100
To Excise Duty 5
To Vat payable 5
vat & excise duty paid on 5/04/2013
Q. 1 at the Balance Sheet date the amount of duty liabilities shall stand at the Current liabilities or what?

Q-2 in case of firm providing taxable services and acquired service from the taxable provider
the tax credit of service tax shall be eligible or not?





Anonymous
14 April 2014 at 14:29

Revalutation of land

Can you please provide an idea for revalutation of land.Can we use the municipility rate to revalue the land if it fall within the municipility area.Please provide the solution along with Journal entry and the treatment.


Rajesh G. Prajapati
14 April 2014 at 14:18

Interest calculation chart

I need excel chart for calculation of monthly interest on cash credit account.Pls provide me. I have the same but not tallying with bank amount. i doubt there is some mistake in my calculation.Pls provide me.



Anonymous
14 April 2014 at 11:02

Balance sheet

Is Cash Credit Facility from banks for working capital a part of current liabilities?

In the old schd VI it was shown under the head Secured Loans but in the revised Schd VI it has been covered under Current Liabilities .

By taking the Cash Credit in Current Liabilities, it adversely effects to derive the net working capital (Current Assets-Current Liabilities.)

pl clear the status at the earliest.

thanking you


Shivani
13 April 2014 at 14:33

Direct indirect expenses

Dear Experts

Repairs to Machinery
Depreciation on Machinery
Machinery Running Expenses like oil etc.


Are above direct or indirect expenses?

Why?

shivani
shivaniadream@gmail.com


Shekar R Nandiboina
13 April 2014 at 12:29

Quarry in financial

hii friends my name is Shekar N I m working shriram finance I have one query in financial pls guyed me on of my client in ITR there are in the loss in asst year 2010-11 gross n net profit is on loss of 20.10lacs.still he is showing loss in books but turnover increased in every year it is possible.this year customer booked sales in 1.74cr the net profit is 2lacs n the gross profit is 3.85 lacs now he is applying businesses loan for us


ankit
12 April 2014 at 22:38

Tds on salary %

tds on salary ..


AVINASH AWASTHI
12 April 2014 at 07:24

Ct 1 2 3

what is the difference in CT-1 CT 2 AND CT 3 IN CENTRAL EXCISE


dbmnaidu
11 April 2014 at 18:44

Depreciation

depreciation entries






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