Sir,
I have a problem regarding treatment of Managerial Remuneration u/s 387 of Companies Act. I am totally confused regarding treatment of the following items because differrent books showed different treatments :-

1. Political contribution u/s 293 of Companies Act.

2. Profit/loss on sale on Fixed assets including Investments. If short term capital gain/loss figure shows different amount what will be the procedure?

3. Past accumulated losses.

4. Major Repairs to fixed assets.

Your kind action in favour of me is highly solicited.

Thanking you,

Yours sincerely

SILADITYA CHAKRABORTY

(siladitya1500@gmail.com)

Whether AS-15 is applicable or mandatory to Trusts, Societies, 12A registered and non profit organisations? If yes/no, please provide relevent extract of the AS.

Dear sir/madam,
I am the student of ca final and an article. i've made many deferred tax calculations of many co's & disclosed as required by AS-22.
But m bit confused.
Kindly let me know what is the ultimate aim of deferred tax calculations..??
Is there any tax payable in future in case of d.t.liab, or simply an adjustment..??

What is the meaning of Junk Bond ?Give any example of it.

sir,
one of the our claint used tally 9.2 version, they are more than 30 accountants are used tally,they are segregated the work one employee do the only receipts , another one do only payments etc., our intension is that employee use only their work i.e.receipts voucher etc., and what is the process of deleted vouchers are sent to recyclebin and all useful security controls are sent to my email to vijaykumar2vanama@gmail.com

please help me find out the reasons as to why inter-unit transfers are not recognised as sale because even if they are recognised as sale by one unit the other unit will recognise it as purchase only and thus how the profitability of the company as a whole is affected?

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