What is or is there any difference between accounting profit, book profit, taxable profit, cash profit? Is the cash profit same as book profit excluding non-cash items?
Why does the government require the companies to calculate the accounting profit and taxable profit separately (This question may belong to economics)?
It would have achieved the objective of tax collection with single calculation.

What financial impact would have been there if the accounting profit and taxable profit were same? Are they so in any country?

If someone demolishes his existing building for construction of new building on the same land. What will be the treatment?
Ex:-
Existing Building Book Value - 2 Crores
New Building Value - 3 Crores.

What will be the treatment?

Will the entire 2 Crore is allowable as depreciation?
I want the accounting treatment also and income tax treatment also.

Thanx

If a manufcturing co. give tags for printing to a printing press then which account should be debited whether printing & stationery a/c or consumable a/c

Dear Sir/Madam,
I am working with a Pvt. Ltd. Firm as an Accountant more then 8 years, due to some reasons of company I am not feeling that I could to more service with the same firm.

Now I am planing to do bookkeeping as a part time from my own home/house from small firms/shops etc.

I want to know the future in this line.

Thanking you.

Dear Experts,

Please solve my query---

We have deposit PF--
EDLI Wages and Pension Wages are same or not??

We have deposit PF after caping of Pension Wages is 6,500---


Two person's age is 60 and not liable for pension scheme---

my view pension wages is 5 person is 19,500 and EDLI Wages is 19,500

BPO
EDLI Wages is 32,500
Pension wages is 19,500

Please solve my query

Thanks in Advance--Rahul

expain the following
1- money measurement concept.
2- going concern concept.
3- dual aspect concept.

Which head is appropriate and which nature does it relate - Capital or revenue?

Dear Sir

1) TDS Deduction is Applicable to Sales
Promotion which is paid by Cash Or Cheque
and If Yes What is the Rate.
2) Can We take the Interior Decoration as Furniture and Fixtures for depreciation purpose as per income tax Act If not under which head can we take and what is the Rate.

Case: We have issued a credit note to a debtor in 2009 which has been accounted in our books. later in the year 2011 we came to know that he has not honoured the credit note and no entry has been made in his books of accounts.As the year end is closed we cannot change books of accounts but they want a fresh credit note now.As per Acoount Standards it will fall under prior period item and we can cancel the credit note issued in 2009 and can make a fresh issue to them during the year. Is it correct? does it mean i can cancell old and make a new credit note

Dear Sir

If we provide Exp. payable entries at the end of the year.with in what period we have to clear that one. as per Income tax Act. for The Company and Proprietary consurns.