Dear colleagues,
accounting treatment for gift recived by company.

Dear colleagues,

Please throw some light on the doubt I am having regarding free samples

accounting tratmet for free samples recived.

EXPLAIN THE TREATMENT, WHEN OUT OF TWO PARTNER ONE DIED, THEN THE REMAINING CAN CONTINUE WITH SAME SET OF BOOKS OF ACCOUNTS OR NOT AS PER PROVISIONS OF PARTNERSHIP ACT,1932

WHAT WILL BE THE EFFECT OF BOTH THE CASES

AND

IS THERE ANY DIFF ON PROFIT WITH BOTH THE SYSTEM.

WHAT INCOME TAX ACT,1961 SAYS REGARDING THAT.

hi friends

whenever supplier charges interest on delayed payments to buyer, correct treatment of it as operating income or non-operating income?

As per suggest correct opinion as per AS-9

I want a depreciation Rates for 2009-10. This rate is charged on Income tax act or Companies Act? I think Income tax Act Its correct or not?

SIR,

IF WE ARE MANUFCTURE OF PRODUCTS
THEN WE ARE REQUIRED TO REGISTERED UNDRE FACTORY ACT 1948 OR NOT.


PLZ REPLY...................../

Plz help me

Client has received a bill of professional services amounting to Rs. 22,000 in current year, services was availed by him in last year. Due to some dispute it happened. No provision had been made in last year for the same.


Plz tell me the accounting treatment and disclosure requirement (if any).

Dear all,
Please help me on this query:

Income before depreciation and taxes=Rs.6,000/-
Depreciation as per Companies Act=Rs.1,52,000/-
Depreciation as per Income Tax Act=Rs.5,70,000/-

What will be the treatment as per AS-22?

Respected sirs and ma'ms,
I am a student of accounts from Ahmedabad,Gujarat.I just learned about reissue of forfeited shares.In this topic I was taught that when we reissue forfeited shares at a discount,we have to debit forfieted shares account with bank account.So I want to know the logic behind debiting of forfeited shares account inspite of share discount account!!!!!Please help me to know this logic.Thank you for giving me time.

Dear experts

Could you please let me know the conceptual reasons of Reversal of DTA and DTL.

Thank you.