Dear All Experts,

Please define the difference between Registered Public Ltd. Company & Registered Private Ltd. Company.

Thanks in Advance.
Regards'
HS Negi

Sir please give me a formula of EMI Caculation with interest

On what date sale should be accounted as by builder: Agreement Date or Possession Given Date.
On what date purchase should be accounted as by Buyer: Agreement Date or Possession Receipt Date.

On how much cash payment we have to need a Revenue stamp on voucher?

we are forming a private limited company with foreign nationals pls tell me what are document required for opening a bank account for the said company in india and what paper we need to get signed from the foreign director

Is there any provision for TDS on hotel charges. if Yes then pleae help.

i have ctc amt 15100 know how can i find gross salary from ctc amt pls. let us know the formula

basic we cal e.g abc name employee gross salary is 15000 and is basic salary is 60% o9000/- it mean it come 780 pf 200 pt 1.75% 262.50 esic + 780 employer contribution +adm 1.61% 105/- + 4.75% 712.50/- = 16597.50 ctc amt will come

know from ctc amt how i have to find gross salary and net salary pls let answer me

Sir
As per AS 26, Intangible Assets, Preliminary Expenses incurred by entity should be written off as soon as it is incurred. So,does it mean that we have to prepare profit & loss A/c for the periods before the entity comes into Existence ?
How can be this done ? Please Clarify bcoz we usually don't prepare such P/l A/c & write off preliminary Exp. in 5 years from the year the entity come into existence.

Suppose a company (X&co.)gets a government project for education in the whole sector of schools in the a particular state. The project is of 3-4 years. There is capital expenditure and revenue expenditure in the project. Capital expenditure - purchase of computers, printers etc. for the school.

Query - This computers etc. (capital expenditure) purchased. What will be the entry passed in the books of company (X&co.).

Option 1) will it be treated as Fixed Assets and depreciation claimed for the three - four years (life of project). And then when the whole project is over, will it be taken as purchases(trading a/c.)?

or Option 2) Will it be treated the whole as purchases (project exps.) (trading a/c.) i.e. Project exps. a/c debited and Work-in-Progress a/c credited.

Kindly please answer. Also please give reference to the Accounting standard or Guidance Note.

“A” Ltd is Pvt company started its operations in USA by creating its wholly owned subsidiary “B’ Inc. in USA. “B” Inc. has not generated any revenue & capital has been eroded during the last financial year. B Inc has not generate any business in last year & the revenue for B Inc was NIL.
Does AS 28 will be applicable “Impairment” of investment in the books of A Ltd or Whether A Ltd has to follow AS13 to account for investment.