When a company makes a payment to a contractor, is there any form which a contractor needs to issue to that company???

If a part of Invertor is sold during the year so how we calculate loss/profit & depreciation for that year.according to companies act.
For Example Cost of Invertors is 100000 dep upto 31.3.2009 is 40000 & on 30.6.2009 a invertor is sold for Rs.5000,the actual cost of that invertor is not known as a single head is used for all invertors how dep & loss/profit on sale of invertor is calculated according to companies act,will it affect deffered tax also

please tell me the answer of this question.pick the odd one out of the following?
1.sale a/c
2.return inward a/c
3.wages a/c
4.salaries a/c
and also give the reason of this answer.

What is IFRS Exactly & how it is going to affect current tax provision & standards???

What will be the date of capitalisation when products produced during the trial run are sold in the market and revenue earned is inculed in sales of th ecompany during that period

Dear sir

hello i want to know whether vendor reconcilation is better for my career , i finished my B.com its very useful for my future or not.

Thankx

In interview one manager ask me that if there are two company A & B, bill receivable by A on the behalf of Company B then what will be the journal entry in books of B Accounts and he ask what is intercompany Accounting.

QUESTION IS THAT WHAT ARE THE TREATMENT OF DIFFERENCE IN PURCHASE CONSIDERATION AND SHARE CAPITAL OF COMPANY TAKEN OVER IN CASE OF AMALGAMATION IN THE NATURE OF MERGER?

Dep on those FA which are sold during the yr from beginning of current FY upto date of sale not taken into consideration.

whether it will attract any penal consequence?

Sir,
Can anybody tells me that if a Factory doesn`t run in a year then it is necessary to charges depreciation on full rate to it?
Please explain.

Thanks & Regards,
ACS Preeti