Dear All,

Can anyone explain me about -

what is accounting tree and how to prepare it? Can you please send any models for accounting tree?

I am working in a manufacturing company. As we are at initial stage of plant construction, I need to prepare accounting tree in long term view.

Thank you all,
Swamykar.

Dear Sir,

A company is all set to get liquidated. It only has reserves of say Rs. 10K and corresponding assets are bank & Cash Balance. How should i go about from here?????

Dear Experts,

Our company is planning to implement LIC's group gratuity scheme. As it will be affect the employee cost, the management is thinking to include the gratuity component in employees CTC (since it will be added benefit to the employee).

Now my queries are as follows:
- Is the management's decision of including gratuity in CTC is legally correct?

- How to include gratuity in CTC? i.e. at what %age?

- If after including gratuity component in employees CTC, any employee leaves the company before completing 5 years of continues service then he will not be eligible for gratuity claim. Then in that case how to compensate the employee for the gratuity portion deducted from his salary over the period of his employment with the company?

Thank you.

Best Regards,
- Rahul

All experts are requested to put some light on following urgent matter:
IF A MFG. COMPANY IS TAKING WRONG CREDIT OF CAPITAL GOODS UNDER "DELHI VAT" (taking credit which is not allowed), THEN

PLEASE TELL ME HOW I CAN I SHOW THE RESPONSIBILTY OF STATUTORY AUDITORS TO MY SENIORS. UNDER WHICH STATUE OUR RESPONIBILTY LIES.

Please answer with reasons if possible.

hello,

i am comfuse about salary structure in pvt. co. bcoz some body hr's takes 40% basic of gross salary some take 50 % or 30 & also same with HRA & conveyance & LTA so can u provide the legal & genuine salary structure for pvt. co.'s.

please help me


Regards
Rohit Barhgujar
LLB student
#9891315247

if my distributors sales me a product and give its invoice in invoice he deduct disscount on total payable value and less it from total
and also after he send credit note of that discount value so, how to do the entry of discount

100 total
10 discount
90 payable

sending credit note to me of rs. 10/-

how to d0 entry with ledger & group

do i have to entry in debit note in my account of anything else

thanks

I am writing with respect to gas filling company which brings LPG gas from third country and sell LPG gas in cylinders (cooking purpose). Cylinders are treated as fixed asset as per Income Tax Act. But as per International Accounting Standard Plant, Property and equipment, LPG cylinder neither falls in criteria of definition. So my firm's view is to treat it as stock item and charge impairment loss over its life (apparently 15 years) from the date of use.
So I want opinions of expert in this regard.

Hello All,

One of our UK client made provision for various expenses. Invoices \ supporting documents for evidence purpose are not available. It means there is no base on which provisions are made.

Every year end they make such provisions and carry forward part of that amount with current years provision.

My questions -
1. Is there any time limit till what one can carry forward past years' provision ?
2. How the provisions should be made?

How is Goodwill valued? What is the procedure to value Goodwill?

moreover is it true that prepaid expenses are considered only in case of insurance and not in premium...let's say lic premium.