Hi experts, I have a doubt regarding revenue recognition in sale of shares. When should we can recognise the income on sale of shares, we have shares in Private limited,we sold those shares to the promoters.
We have received full consideration, but share tranfer procedures are pending. To recognise income is it nessasary to get the shares registered in the name of transferee?

what is payroll accounting and how its work?

Dear sir, we are automotive parts manf co.for our process we purchased some local parts with VAT and now i want to sale the same with raising excise invoice,is this right way if we included the VAT purchase parts? if not how to raise invoice for vat parts and excise parts or seperate invoice need to creat for each

plz suggest me

What is the difference between funded and Non funded Gratuity ???

Dear Sir, I just need details regarding ipcc direct entry scheme.and plz suggest me shall I choose this if I am a graduate?

Please give is gratuity details

Dear sir,
my organisation purchase raw material of rs 150000 gross of which vat is 4500 and at the time of payment we pay only 145000 bal. rs. 5000/- is not paid . But entry was passed as:- Raw Material a/c Dr. 145500
Input Vat a/c Dr. 4500
To Party a/c 145000
To Misc . income 5000
I think above entry passed is wrong.There should not be misc income.
what should i do for adjustment of rs. 5000/- which will not effect my other account compliance.

DEAR SIR/MAM,

WE (COMPANY) HAVE PURCHASED A FLAT IN MUMBAI FOR WHICH WE HAVE TAKEN A LOAN OF RS. 4 CR. NOW WE ARE PAYING INTEREST ON THE SAME. KINDLY LET ME KNOW HOW SHOULD I TREAT THE ABOVE EXP. ANY AMOUNT DO I NEED TO CAPITALISE OR FULL AMOUNT SHOULD BE EXPENSED OUT.

I mean.. I registered for IPCC on 23 July 2010 then when expire registration of IPCC course? actually sir I didn't get IPCC registration letter up to this date.. & which date will be consider for completing 4 years of IPCC? IPCC registration course date or cpt course date? pls help me sir

Hello sir/ mam,

Please tell me the password for extracting 16B zip file.