Dear Respected Member,

Please let me know the following two quaries in respect of High Seas Sales :-

1. At which date High Seas Purchase should be accounted in the books ? Whether it can be purchase inovice date or any other date later than purchase invoice date but before bill of entry date ?

2. At which date High Seas Sales should be accounted in the books ? Whether High seas Sales invoice date/ High Seas Agreement Date must be before the Bill of entry date?

What are off balance sheet items?

Can u suggest a book which gives detailed explanations to items appearing in financials of a banking company.

Dear Sir,

This is Renu bala . I am working in SHI Plastics Machinery India pvt. Ltd.

I want to ask about the depriciation rate on the following ites.

wooden furnitur
Telephone Sets
Water cooler,
computer hardware & software parts,
Tools of engineers like hammer Allen Keys etc.

I am unable to understand the new rate of depriciation as per company act 1956 .

Please help me as soon as possible

sir clear my this query -sir plz tell me the calculation of cst int.rate is 1.25%.supose i m late & i m deposit it after 3 days(after due date) than how i do calculate it.my cst for the month of october is 989111 i m late to deposit only 3 days.than how i will calculation of this.plz tell me calculation
989111*1.25/100*3/365-102
is it right or wrong
or
989111*1.25/100-12364
is it right or wrong
plz reply so soon

sir clear my this query -sir plz tell me the calculation of cst int.rate is 1.25%.supose i m late & i m deposit it after 3 days(after due date) than how i do calculate it.my cst for the month of october is 989111 i m late to deposit only 3 days.than how i will calculation of this.plz tell me calculation

plz sir clear my this query -sir plz tell me the calculation of tds.int.rate is1.50%.supose i m late ∓ i m deposit it after 3 days(after due date) than how i do calculate it.my tds for the month of october is 1941 i m late to deposit only 3 days.than how i will calculation of this

What is a balance sheet abstract and general business profile?.Is it forms part of director's report?Whether an Auditor will sign it or the director's signature is sufficient? Why many companies do not prepare it. In Most of the companies auditor do not sign it? What is the reason?

Sir,

I want circular / Notification if any regarding for late payment of TDS with Interest.

My question is ABC Ltd deduct TDS of XYZ co. for profesional charge and paid late in TDS with Interest.

Our internal auditor are ask to me Interest rate is increase 1% to 1.5% per month wef. 1-7-2010


It is correct or not, if this correct please provide me circular for Increase rate of Interst on TDS / Income Tax.

Thanks in advance.

Dear Expert,
Our TIN for District Basti (UP) and want to work with same name and TIN i District Agra(UP). Is it correct?

If we have seeds licence for the Disrtict Basti(UP) and want to work on same Licence in Agra (UP). Is it correct or should we take any permission from Govt Department. Pl explai obviously with systems.

Please let me know the definition of NETWORTH and FORMULA FOR THAT.
Thanks
Nagaraj