Dear Sirs,
I need a help its very urgent sir is that i need the details of "Budgeting , Planning & Management Activities" so i need the explanation and how we can do such activities in various companies.

Please sirs helpme out of that stress,

Thanking You
Vikesh

What is the formula of Interest Coverage ratio?
Is it Profit before Interest & Tax / Interest? or Profit before depreciation, Interest & Tax / Interest?

Can we consider Defferred Tax (Credit balance)as Equity for the purpose of calculating Debt Equity Ratio?

we are C&F agent of petro company.we receive commission on transport.we hire private parties for transporting goods.we pay them by cash.after that we send bills to petro company & they reimburse us for this. i want to know whether this reimbursement is income or expense.whether we should open transport income a/c or transport expenses a/c

Do the IFRS issued by IASB to be adopted as it is or will be modified as per indian law (to include the provision like income tax, Cmpany law,GST,SEBI etc).

Also Pl suggest whether 41 IAS are also apllicable alongwith 8 IFRS or only 8 IFRS are aplliacble..since both of them have been adopted by IASB...

Please clarify ...Thnx

Co. A constructed floating dock for Rs. X.
Funding was done through bank financing and hence the dock was pledged in favour of the bank.

Immediately after construction of the dock, Co. A gives dock on 20 years lease to co. B for Rs.X (being the full amount of its construction cost).

As per the terms of the lease agreement, Co. B has right to extend the lease for such further period as mutually agreed, but not less than 3 years.


- How should Co. B account for the above lease transaction?

- Will the treatment differ if Co. A has shown the dock as its fixed Asset in its balance sheet?

- Will the treatment differ if Co. A owns 30% shareholding in Co. B?

I AM WORKING IN A MANUFACTURING CONCERN WHO FOR THEIR BUSINESS PURPOSES DELIVERED GOODS(STOCK) FROM GODOWN LOCATED AT KOLKATA TO VARIOUS DESTINATION LIKE PATNA,GUWAHATI ORISSA ETC THROUGH REGISTERED TRANSPORTER BY ROAD.
TRNASPORTER RAISED BILLS ON THAT FORTNIGHTLY BASIS SOMETIMES RAISED BILLS FOR 2/3 MONTHS OLD TOO ALONG WITH COPY OF CONSIGNMENT NOTE DULY SIGNED BY RECEIVERS.
NOW A DAYS THE SAID EXPENSES ON FREIGHT IS INCREASING AND IT IS DIFFICULT TO VERIFY THAT WHETHER TRANSPORTER RAISING THEIR BILLINGS ON ACTUAL BASIS OR RAISED DOUBLE BILLINGS ON SINGLE DELIVERY MEAN BY DUPLICATING CHALLAN COPY.

PLEASE GIVE ME ANY GUIDELINE ISSUED BY ICAI OR ANY THING THROUGH WHICH I CAN VERIFY ALL THOSE CONSIGNMENT COPIES ARE GENUINE AND PARTY DOES NOT RAISING DOUBLE BILLINGS ON SINGLE DELIVERY.
WE ARE MAINTAINING FREIGHT REGISTER TOO BUT NEED A SHORT CUT SCIENTIFIC WAY TO CONTROL THIS HUGE EXPENDITURE(EXP IS MONTHLY AROUND RS 60 LACS).
ALSO I HAVE TO TACKLE AUDITORS IN NEAR FUTURE IN THIS REGARD.

PLEASE SUGGEST ME ITS URGENT

Dear All,

Please let me know the define the term Minority Interest

i know about sinking fund and hidden reserve.

Hi can any one tell me that, we are having trust and we take one room for rent(for labours) under which we make agreemnent with room owner also we pay advance amount Rs. 40000/- as a advance rent for every month now my Q is whether TDS is compulsary or not..... reply me as soon as possible with explaination...........