in case of business of engineering design, the computers used for design purpose can be treated as plant or it will be treated as computers only???

The softwares used in these computers wil be classified as what?

the server will be treated as what?

As per SEBI new circular, commission or Fees on mutual funds cannot be deducted from the amount paid for purchase of MF. Thus, the banks are debiting the accounts for such commission or Fees.

My question is whether the above fees or commission should be shown under the Bank Charges or should be added to the cost of investment.

PLS REPLY MY QUERY
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=315715

THANKS FOR REPLY
I WANT TO KNOW ABOUT THE STATUS OF MASTER SALES CORPORATION THAT IS OF F.Y. 07-08 GIVEN BELOW OK
ASSETS 11520
POST INVESTMENT 19500
CLOSING STOCK 2469662
DEBTORS 12118
OTHER INVESTED CAPITAL 153596
CASH 2675
BANK 4384
OTHERS 1014538
TO CAPITAL 663408
TO LOAN A/C 1544409
TO CREDITORS 1480176

NOW NEXT YEAR WE HAVE TO CLOSED THIS FIRM AND TRANSFERED CAPITAL OF RS.600000 TO SUPER TRADING ON JULY WHAT WILL BE THE EXACT POSITION

PLS GUIDE ME IN THIS CASE I AM ALOT THANKFUL TO ALL THE EXPERTS.

THANKS IN ADVANCE

A company has taken a flat on rent for its directors. The company has bought the furnishings of the owner. What is the accounting treatment for the same??

Furnishings include fridge, stove, gas bottles, washing machine, television etc.

The company intends to use the flat as guest house in case the director shifts from the flat.

In a lease agreement, lessor has ownership rights on financed assets and assets have to return by the lessee at the end of lease period. But in case of any casualty, loss will be suffered by the lessee. What should be the accounting treatment for such financed assets. Is it treated as finance lease or operating lease?

Dear Experts,
I want your help of below matter,
I have 2 firm in two different place first one (super trading) is where I am living rightnow second (master sales corporation) is in my father's town with same nature of business.
after I decided to close master sales corportation and transfered their capital to my super trading after settlement of my all a/c. so how I do the entry ?

Thanks in advance

sir why we not included any tax amount into the p & L a/c (Like, sale tax income tax service tax tds etc.) what is the reason sir plz help me about that.
thanks virender (Asst. A/c)

Hello

If Co re-develop Society & Pays them Rent to vacat the sapce for some period as Temporary Accomodation then is TDS applied to them or not? which name of expneses is suitable for this kind of transaction

Thanks

A company spent 200,000.00 for the website
how we can treat this expense..can we capitalise .......and writeoff certian amount each year or we can treat as a asset and depreciating year by year ???

what is the limit company deduct TDS on his employer salary. what will be wntry in tally if employer salary is 30000 p.m. please ans.