I want to ask that how do we come to know that whether to calculate PC by net asset method or net payment method in the question????

and is there any difference between the calculation of PC by the way of merger or in the Purchase method??

please reply soon its urgent.............

A COMPANY HAS IMPORTED MACHINERY AGAINST ADVANCE LICENSE . NO CUSTUM DUTY WAS PAID ON IT AS IT WAS AGAINST ADVANCE LICENSE. HOE EVER BILL OF ENTRY MENTIONED CUSTUM DUTY ADJUSTED AND CVD ( ON THIS EXCISE MODVAT IS AVAILABLE ) ADJUSTED AGAINT LICENCE E.G. RS. 100000/= EACH. WHAT WILL BE THE ACCOUNTING TREATEMENT OF THIS CUSTOM DUTY AND THIS CVD ( MODVAT ) IN THE BOOKS

Sir,i completed my m.b.a. Presently iam working wit a manufacturing unit since a year no iam preparing for interviews how should i?what r the best books for basic accountanny & finance and sir in one they asked me the question on types of BRS contingent liability and difference between journalvs geneal entries olease help me

and wanted to know about taxation ,how tds is calculated & filed please help

Hello everybody please help me regarding to Reimb. of Medical Exp. & LTA.
(Medical & Lta is the part of the CTC)

I have allready provision for last f.y. but some employee is absconding in current f.y.

so provision of medical & lta is not paid

my auditor is ask to me i can set-off previous provision to current exp.


please help me

my client bought a sharecerficate from the bangalore stoch exchange for which he paid rs.200000 to the stock exchange.
my question:-
to which account this expenditure should charge.
i mean how to the entry to book this expenditure. (head of expenditure)

Sir,

I am in following problems please solve these.

Last Year our Business loss of co. was about 5,39836/-as per income tax return


This year Loss is about 42 lacs

What will be treatment of above losses.

how will it be adjusted.

For how long a co. can be in loss consequitively ?

Thanking you

With Regards
Ram

Whether a debit note can be raised for value of services rendered plus service tax thereon. Please offer suitable reason for the same or not.

Further, the debit note comprises of all the particulars of an invoice except for the title "Tax Invoice" or "Bill" or "Bill for Service" etc.
Regards

Shankar Banerjee

Can anyone please tell me that how will Refund of Advance tax treated in cash flow statement??

Dear all,
Can you people please help us regarding accounting treatment for POST DATED CHEQUES?

Thank you........

We made a advance payment of EURO 1152 with exchange rate of Rs.62.72

The Bill of entry information as below:
1. IGM No-**** Dated 05.04.2010
2. Bill of entryn no-**** Dated 08.04.2010
3. Exchange rate on BOE- Rs.61.40

It is not cleared that which rate is applicable for booking of Purchase.