"s" ltd balance sheet as on 31.12.2003
liabilities
160000 equity shares of
Rs. 10 each Rs. 160000/-

"H" ltd balance sheet as on 31.12.03
assets
investments
8000 shares in "s" Ltd
at cost Rs. 260000/-

Adjustment:
on 02/01/2003 "s" issued 1bonus shares for every 1 shares held.

i am scheduled to go for an interview for a job of accounts manager in a 3 star hotel in mumbai and want to know the possible questions as i have never done accounting of hotels except in cost accounting. can anyone suggest me how to prepare for the interview

Hi,

Presently i am working with one of the BOOT company. My company is falling IFRS road map phase 1. So that we want to prepare our balance sheets as per IFRS. For this purpose i read IFRS standards like IND AS 101, PPE, IFRIC 12, Borrowing cost etc., but while i try to prepare necessary workings for Investments, Capital WIP and Advances to others (like effective rate of interest/Fair valu etc) i am facing some difficulty. Anybody please help me, how to calculte effective Interest and Fair value. If you have any workings in excel sheet please provide the same to me

Dear Sir,

Can we claim PPF of previous yr. which is not claim in that yr., in next accounting yr.

pls advice.

Sir,

In our company, we are planning to have a Canteen for our staff and It is been deceided that in our campus, the unused existed building can be renovated by carrying out of some excavation and construction works with apprx.value of Rs.7-10 lakhs.

Please advise me whether it has to be consider as a building maintenance work or CAPEX work. Is there any ceiling by IT for renovation of works?

Thanks

if salary of dec paid on 7th jan'2011 & tds deducted still not paid upto 2/2/2011 so how much interest in to be paid - sir pls clarify me as i m not very clear about it.
& also interest to be charged on total i.e. tds + educ. cess +high.edu.cess & how much percentage

good morning to all
could you gudie me how to make the pf entry in tally, as our compnay started pf from this month which account should be created and what entry should pass? and alos the the where the admin charges will be go and the biferacation of of employers contibution in 8.66 and 3.67% how to make this entry .
pl sent me a mail on my id
swapna.nsk10@rediffmail.com
i will be very thankfull

swapna

Respected Sir,
I want to know whether on salary tds whether late payment interest is to charged.
2)on all late payment of tds to govt. interest is 1.25%p.m. or 1.5% p.m.
3) one person who is director not of our co. is making corporate films for our co. for presentations & promotions so tds to be deducted will come under professional fees or contract
4) if it is under contract then if he crosses limit of 75000/- p.a. at that time tds to be deducted or on initial payments

sir since we dont have previous employees salary details and our co. regn. is on 19th oct 2010 so we are considering salary from 19th oct to mar 2011 i.e. for 5.419 months for calculating tds on salary
sir 80c,80cc,80d (all deduction of 100000 limit) to be taken proprotionately for 5.419 months or for full year i.e. p.a amount to be considered

salary tds to be paid on due basis or payment basis to govt. pls clarify my doubt.
if our co. is dec.2010 salary on 7th jan of 2011 so tds to be paid to govt. is on 7th feb 2011 or upto 7th jan 2011
its within one week from salary due or salary paid and also if 7th date is missed then full month interest is to be paid