S.Upadhyay
This Query has 1 replies

This Query has 1 replies

24 February 2012 at 00:31

As-11

Someone help to provide crux of AS-11- effect of change in foreign exchange rate , type of transaction will be converted at which rate i.e sale , purchase, day to day expenses incurred, fixed assets debtors , investment loan creditors etc.. along with latest amendment of para 46 . this AS is very confusing to me request to provide in ppt short or any suitable to you as i am preparing for my CA final exam may-12.


sushil
This Query has 1 replies

This Query has 1 replies

Dear Experts,

my boss asked me to find out the ways for increasing capital / net worth of his wife in her personal account.

In his wife b/s we are showing income of rs.3,00,000/- as sale from sarees under presumptive basis by depositing cash in to the bank. she is of 65 years old. other income includes interest earned from loan given, bank interest. she invests in ppf by keeping tax liability around 1,000/-

i request you to kindly suggest me the other ways so that her capital balance / net worth can be increased so the net worth will also be increased.

waiting for ur reply...

Thanks in advance
Regards,
Sushil.



Anonymous
This Query has 1 replies

This Query has 1 replies

23 February 2012 at 22:05

Income-tax



Sir, how could segregate the expenses when prepare revenue and expenditure and Capital account.

suppose i prepared an Individual's statement at the time how could i select the expenses for person's capital a/c or revenue expenditure account. please kindly clarify this.

Thanking you in advance for the clarification



Anonymous
This Query has 1 replies

This Query has 1 replies

22 February 2012 at 15:39

Auto sweep facility

Dear Sir/Madam,

1. What is Auto Sweep Facility?
2. What is the grouping in Tally?
3. How to post entries?

Please give me a detail explanation with an examples.


Rahul Jain
This Query has 3 replies

This Query has 3 replies

22 February 2012 at 14:59

Gift deed

Hello Sir,

I would like to know,if anybody gift their Land to relative as per gift deed,in that case how will i entry in books,to whom i debited?land is showing in books,but now after gift to relative,how to be enter in tally......



Anonymous
This Query has 3 replies

This Query has 3 replies

22 February 2012 at 11:55

Brc

Dear sir,

For example $ 34224.00 actual invoice value but bymistake a person, $ 32512.00 value has been reached in custom and Bank now i want to reaalized this bill.FOB value is 32512.00 so please suggest me

Amar Srivastava
Account Execuitve
8445858067



Anonymous
This Query has 1 replies

This Query has 1 replies

22 February 2012 at 11:53

Over due creditor w/off


If company w/off over due creditors as show income, profit will increase to the extent, it means company will facing over burden of taxes, co. want without facing over burden of taxes what is the way to w/off these creditors amounting Rs. 60 lacs


SAMIR DESAI
This Query has 1 replies

This Query has 1 replies

22 February 2012 at 10:46

Accounts

Dear Sir,

My company make profit arount this year 40,00,000 than i want to take insentive to my 5 marketing staff than how much maximume insentive give them & this insentive take less in P&l account,& how pass this insentive entry in my tally account


Narayan Singh
This Query has 1 replies

This Query has 1 replies

21 February 2012 at 17:37

Deferred tax assets & liabilities

Please provide me Clear concept about deferred tax assets & Liabilities and Calculation Procedure


SAMIR DESAI
This Query has 2 replies

This Query has 2 replies

21 February 2012 at 14:29

Accounts

Dear Sir,

my company incorporate in apr-2011 & purchase furniture as on 1-03-2012 of Rs. 100000 than how much amount we claimed as depriciation.






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