If a Comapny changes the rate of depreciation for one and only one of its fixed assets then this fact will have to be disclosed in the Notes to Accounts or not.

i hav read as4 3 times bt m not getng how wil clasify adjestable event nd non-adjestable event. Plz cler me out

Dear Experts,
Please guide me on the following query :
1)What entry will be passed for the transaction entered for purhase and sale of future & option Trasaction entered by company.
2) We have to book only profit or loss or we have to book full sale and purhcase value of future and option transaction in the books of the company.
3) In Future & Option we does not received any kind of delivery of scripts we entered contract and accordingly we book maring.
Please guide me on the transaction.
My boss told me that each and every transaction with script should be entered.
Please clerify me accordingly.
Thanking you,
With regards

As per definition given

Invt. are assets held by an enterprise for earning income by way of dividends, interest, ""and rentals"", for capital appreciation................

My ques. is whether asset held and given on rent and on which depreciation is also claimed can be taken as Invt. or Fixed asset.

While calculating valuation of shares on the event of winding up, the surplus assets / funds should be distributed among the shareholders either on the basis of paid up value of each share or face value?

Financial Management logic says paid up value should be used. But the paid up & face value may be different when voting power is concerned.

As per para 9.5 of AS 10, states that the expenses incurred between the asset ready to use and asset put to use can be deferred for the period 3 to 5 years.

But such statement is in contradiction of AS 26 which states no expenditure other than Intangible Assets (as per the definition) should be capitalized / deferred.

Dear Experts,
For an Assessee doing business he has 2 places of business. One is treated as Head Office and the other as Branch Office.
Both the Head Office and Branch Office has separate Trial Balance. Assessee does not want to file separate P&L A/c and Balance Sheet starting from this year. My doubts are
(1) In both the T.B. there is stock transfer from H.O. and B.O. How i have to treat the stock transfer from H.O. other than not crediting in P&L A/c?
With regards,
Rajesh.

whether disclosure of dividend payment is necessary under AS-18 in case of

Dividend paid to Promoters who holds 48% stake in public limited company and their relatives?

HAI SIR, WE ARE USING TALLY 9.ERP ACCOUNTING FOR SPINNING MILL. OUR MILL IS UNDER CONSTRUCTION.
PLEASE SAY UNDER EACH ACCOUNT SHOULD THE UNDER GROUPS PLS SAY YES/NO

1)BANK LOAN PROCESSING CHARGES

2)INCORPORATION CHARGES (SHARE CAPITAL INCREASE CHARGES)

3)TITLE DEEDS DEPOSIT CHARGES (FRANKLING CHARGES)

4)DD ISSUED TO APITCO FOR TECHNO ECONOMIC VIABILITY

5) DD ISSUED TO DIRCTOR TOWN & COUNTRY PLANNING

6) DD ISSUED TO POLLUTION CONTROL BOARD

7) TERM DEPOSIT AGAINST BANK GUARANTEE

8) METAL PURCHASE

9) ADVANCE PAID TO PARTYS FOR PURCHASE CEMENT & IRON

10)GRAVEL PURCHASE FOR SITE DEVELOPMENT

11)FREIGHT CHARGES PAID FOR GRAVEL SUPPLY

12)SAND PURCHASE

13)FREIGHT PAID FOR DELIVERY OF IRON

14) GRAVEL SPREADING COOLIE PAID

PLEASE ADVICE ME WHICH BOOKS REFFER FOR CONSTRUCTION HEADS FOR ACCOUNTING OF THIS KIND OF CONSTRUCTION OF FACTORIES.
MY MAIL: buujjibabu1@gmail.com

ON 15.03.2010 BANK GUARANTEE DEPOSIT OF RS.1,51,000/- FOR THE PERIOD FROM 15.03.2010 TO 15.03.2020. @ 7.5 % INT. P.A.
HOW I WILL PASS INTEREST ENTRY CLOSED ON 31.03.2010.
AND INTEREST ACCRUED A/C WHICH UNDER THE HEAR OF ACCOUNT