What is the meaning of Memorandon of understanding?

we are in air hostess training services, in the month of feb and march we did udaan activity in which we collect rough data from the school and colleges than we give the rough data to a IT company for converting in to final data from which we can call the student from april onwards from this we received the business which generate revenue in comming year.
my query is that whethwe we can deferred the exp incurred in collecting the data in the month of feb & march.to the period in which we generate revenue from this activity. pls give some supporting evidence for ur reply of the same such as any AS, Section , Case Study , Guidance , so i can discussed with my boss

Dear Professional Friends,

A Company has paid a amount of Rs. 10,00,000/- for acquring a LEASEHOLD LAND for a period of 60 years and which are to be amortise equally in the books of account during 60 years period.

Can you please suggest me what will be the accounting entry. can it be treated as fixed assets in the Fixed Assets schedule.

Plz reply.

Thanx & Regards,

CA Arvind Singh

What is the disclosure requirement as per Schedule VI of Interest waived by bank on account of One time settlement. Although the interest was provided in books it was not claimed as interest in Income tax. Is the amount taxable?

Dear experts please tell me in detail whats is CAr policy.
why we use car policy in business.

hi....,

i want to convert accounts prepared as per indian gaap into us gaap.plz tell me the steps.

thanks in advance

HI DEARS!I NEED A STANDARIZED FORMATE FOR PROPOSAL FORMATION.THE FORMATE SHOULD BE BASED ON ENGINEERING CUM CONSTRUCTION BUSINESS.THAT INVOLVES PROPER BIDDIND SYSTEM.I NEED IT URGENTLY.

my question is
if i have purchased a land and agreements shows that i have purchased the land with the intention of its sale in the future or use for the personal purpose in the future .
then weather i can treat the land as my stock.because my intention was not to hold land as investment.
if yes then can i capitalise the interest cost beared for this investment.

plz suggest me books which help me in preparing an accounting manual for a company engaged in providing computer training.

What will be the treatment of Capital Reserve and security premium shown in the balance sheet of subsidiary.when the investment is made and CFS are made in the same year or in the next year.