Hi,

Please tell me the SOX(Sarbanes Oxley Act) controls

A public ltd co. (closely held Co.) has issued 9 % non- cumulative redeemable preference shares during the year 2007-08 to existing equity share holders covered in register to be maintained u/s 301.

whether this issue of preference shares falls under the definition of "preferential allotment".
and what is the reporting requirement under CARO,2003, which is reproduced as unedr:

"whether the company has made any preferential allotment of shares to parties and companies covered in the register maintained under section 301 of the act.

How & When can the land owner recognised the land revenue & how the accounting under construction company has been made .

Required detailed information if any regarding construction Co. in both accounting & income tax aspects

Thaks for reading
Regards
Shobhit

Dear experts,

Kindly advise whether Interior work (spent more than 8 Lakhs) in a rental building can be capitalised.


Regards,

Joseph

sir,
i have some doubts regarding stock reserve. what are the items to be considered while caluculating stock reserve in case of independent branhes

What do u mean by teeming &? lading method? please tell according to accounting language? why this words r used in accounts?

Dear frnds,

Pls advise me whether the Foriegn exchange loss can be setoff against revaluation reserve?..??..?

If so whether it is perfect compliance of Accounting standards or any violation...

regards

Adithya

Our company spent more than 8 Lakhs for interior work.

My question is : 1. Can we capitalise the above expenditure ?

if yes,

1.What is the rate of Depreciation?
2.Which is the accounting head the above be capitalised?

Regards,

Joseph

In a Pharama Manufacturing unit, dye blocks are purchased for production. These are used for around 50-60 lakhs tablets. After that they obsolete having no value. My query is that how it is to be accounted for.It is to be treated as fixed asset and dep. to be charged or to be taken to stocks or anything else.
Plz ans
thanx

Pls kindly tell me the meaning of Long Lived asset.