Dear Experts,

i have seeen in a balance sheet Liabilities for Expenses and Other creditors

in liabilities for exp.: showed electric ch payable, employer's contr. to pf payable, telephone ch payable ---such entries
wherein other creditors: showed employees contr to PF, tds payable, vat/cst payable etc...

my question is all are provision entries for 31st march and to be paid in next april so on, so how should i segregate such ledgers (to show in B.S) is there any law for it? please let me know

HOW TO CALCULATE REMUNERATION OF PARTNER SHIP FIRM ? IF PARNERSHIP FIRM HAS ALSO FDR INTEREST INCOME AND THE SAME IS CREDITED IN PROFIT AND LOSS A/C OF FIRM ? PLEASE REPLY WITH EXAMPLE ?

As per AS 17 (Segment Reporting), Interest cost should not be part of Segment Expense. Than Whether Interest cost include interest on Cash Credit directly identifiable for Reported Segment. And Whether Interest on Fixed deposit should be included in Segment Revenue if FD is directly relate to reported segment.

anybody pls tell me that when the ICAI will bring IFRS in IPCC syllabus????

regards.

what is dividend equalisation reserve. what are its requirement in companies act.....

what should be done of reserve in amalgamation in nature of purchase,and amalagmation in nature of merger???hw to transfer reserve in purchaser's book???should be taken in realisation account or nt,in both method??? plss clear my doubt.. reserves effect in detail,plsss some one do reply..

I AM B.COM PASS & PROVIDING ACCOUNTING SERVICE TO MY CLIENT. I MA GIVE MY BILL AS ACCOUNTING SERVICES LIKE ( DATA ENTRY, TDS RETURN, VAT RETURN & SERVICE TAX RETURN) FOR RS. 50000/-.

I WOULD LIKE TO KNOW WHETHER TDS IS APPLICABLE ON THIS SERVICES.

WITH REGARDS

VINOD AGGARWAL
9810833006

Sir,

I am working for a software company, wherein they do not have any income, they get funded by their parent company to take care of salaries & opeational expenses, how do we raise the invoice to the parent company,does it invoice taxation also,,,,,,if so. I request you to provide me the sample/format of the invoice.

Regards

Shashi prasad

Dear sir/Madam
i want to know that what will be accounting entries for custom duty paid on importing of a machinery .
Either it need to be capitalized .or it will reflect in profit and loss account .

As per my understanding whatever credit we will get for cvd is our asset and should shown in asset side of balance sheet .

And actual amount paid for custom duty need to be capitalised . But again a question struck in my mind . After capitalising custom duty we will calculate depreciation on custom duty also . It will be just like write off of depreciation .
Either it will be allowable under Income Tax Act .

with thanks

sir

i Had passed MBA finance in Sikkim manipal university. I want to join course of master in finance control . Please confirm me university of this subject door distance