Pranav Vyas
This Query has 2 replies

This Query has 2 replies

01 November 2008 at 19:20

NPA Provisions urgent

Can you please tell the latest NPA provisions for the following

Std. Assets

Sub Std. Assets

Doubtful Assets
Secured:
Up to 1 Year
1 to 3 Years
More than 3 years

Unsecured:

Loss Assets:



Please its urgent tmrw Exams


Amit Bhargava
This Query has 1 replies

This Query has 1 replies


1.kindly clarify, whether in Amalgamation process Audited financial statements of the transfer and transferee company will be required ?

2. what is the meaning of "difference between the share capital issued and the share capital of the transferor company should be adjusted in reserves" in pooling of interest method ?


abvvora
This Query has 2 replies

This Query has 2 replies

01 November 2008 at 13:01

Balancesheet in First AGM

1) A company incorporated on 05.03.2007.
2) 1st AGM can be held within 18 months from date of incorporation.
3) Is it compulsory to prepare B/s from 05.03.2007 to 31.03.20007?
4) If yes, whether necessary to hold AGM in 2007 itself to adopt the B/s?
5) Can we prepare B/s from 05.03.2007 to 31.03.2008 and hold 1st AGM on 03.09.2008?
6) Can we adopt B/s from 05.03.2007 to 31.03.2007 and 01.04.2007 to 31.03.2008 in 1st AGM to be held on 03.09.2008?


JACOB BABOO
This Query has 8 replies

This Query has 8 replies

01 November 2008 at 10:07

Revenue Stamp

I want to know whether revenue stamp is affixed on every payment vouchers exceeding Rs.5000 i.e cash payment or cheque payment

Whether revenue stamp is required to be affixed on voucher for payment of Rs.6000 by cheque



Dhiraj Pendhari
This Query has 3 replies

This Query has 3 replies

30 October 2008 at 20:16

Borrowing Cost

Dear Sir,

I am waiting for your valuable reply.

Please explain the Accounting Standard 16 and AS 10 with illustration.


Shivay Bhargava
This Query has 3 replies

This Query has 3 replies

30 October 2008 at 12:43

ROC Returns

Please let me know the procedure for filing the ROC returns and what documents, things we will be requiring for the same?

Thanks


Pratheej
This Query has 2 replies

This Query has 2 replies

30 October 2008 at 11:02

Prior period item

in the previous year's audit of a company

1.A liability was treated as expense and i want to show the same as a liability this year.
2.An asset was omitted altogether and this year the same has been sold.How to bring the asset into the books.

Journal entries with explanation would help.


Prasanna Bhat
This Query has 7 replies

This Query has 7 replies

30 October 2008 at 08:58

Cash Flow and Fundflow

What is the difference between fund flow and cash flow


GANESH DURAI IYER
This Query has 3 replies

This Query has 3 replies

29 October 2008 at 21:04

AS-22 Taxes on Income

Sir, I have a query. Please help

There are 3 Balance Sheet Items:

As per Books As per tax basis

Equipment 2 Lacs 1.20 Lacs

Prepaid
Insurance 75,000 NIL

Warrant
Liability 50,000 NIL

Kindly help me to calculate the DTA / DTL?
The tax rate is 40%.


CA Parwin
This Query has 3 replies

This Query has 3 replies

29 October 2008 at 16:41

capitalisation of interest

can we capitalise interest paid to bank during the period of temperory shut down? shut down is for the purpose of maintenance. will it makes any difference if shut down is for increasing efficiency of plant?






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