CA Shree Kant Ojha
26 October 2013 at 18:29

What is a reverse bid

please tell me reverse Bid, is it right there is a small buy a big firm.

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Amrit Dalmia
26 October 2013 at 12:35

Revised schedule vi

Dear Sir/Mam,

Where 'Deferred Government Grants' and 'Unclaimed MAT Credit Entitlement' shall be disclosed in the Balance Sheet as per revised Schedule VI?

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Anonymous
25 October 2013 at 22:49

Cost accounting problem

My question is only for expert that i have problem in solving a question in cost accountancy (ie in marginal costing chapter)
Can any expert can give me his/her name who can solve my problem(so that i can directly ask from expert).Because i have given my question in forum but not getting any response.So i request you to come at this platform to help me.

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Anonymous

If Public co. had paid Income tax in MAT of Rs.24 Lakh (FY 12-13), whereas neither made provision for tax in FY 12-13 nor any shown any entry relating to MAT or payment of tax.

Assume that tax as per Income tax is zero because of losses in FY 12-13.

Kindly suggest us what are the entries to be pass in book in FY 13-14 relating to above.

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Sushant Mahajan

If assessee is an individual and engaged in the business of financing purchase of goods on Hire Purchase, will Service Tax provisions apply on interest received in this?

Please reply.

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Anonymous
13 October 2013 at 13:25

Depreciation as per income tax rates

HI,
OUR COMPANY FOLLOWS THE RATES OF DEPRECIATION AS PER INCOME TAX ACT,FOR PREPARATION OF ITS FINAL ACCOUNTS. MY QUERY IS WHETHER WE CAN USE THE RATES AS PER INCOME TAX ACT IRRESPECTIVE OF WHETHER THEY ARE MORE THAN THE MINIMUM RATES GIVEN IN COMPANIES ACT OR NOT. IS IT SUFFICIENT IF THE TOTAL DEPRECIATION CALCULATED AS PER INCOME TAX RATES IS MORE THAN THE ONE AS PER COMPANIES ACT OR IS IT THAT WE HAVE TO CONSIDER EACH ASSET CLASS INDIVIDUALLY.THANKING ALL YOU READERS IN ADVANCE.

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Sushant Mahajan

Can any individual do the business of forex trading by taking money from people and investing in Foreign exchange and in return give them interest on such money?

Or there are some restrictions?

Please reply

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Anonymous

please tell me the accounting entries for the goods valued as nil.
and their accounting adjustments..

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Anonymous

What should be the accounting treatment for Late Delivery Charges recovered from Supplier of Capital Asset? Should it be deducted from the cost of Asset or Credited to P&L A/c.

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Anonymous
23 September 2013 at 17:19

Amortisation

what is the meaning of Amortization of Expenses, can anyone explain it with example.?

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