Let me now how I will do accounting of "BRAND".


Thanks & Regards,
Mukesh Agarwal

sir,

book value of land is Rs.500000/-
that was sold for Rs.750000/-,
with in one year purchased another land for Rs.1500000/-

how do i shown in books of accounts as well as income tax.

kindly suggest me.

regards

sir,

book value of land is Rs.500000/-
that was sold for Rs.750000/-,
with in one year purchased another land for Rs.1500000/-

how do i shown in books of accounts as well as income tax.

kindly suggest me.

regards

Sir

Guidance Note 34 (GN-34)has been withdrawn in the 280th meeting of the council.

Which pronouncements of ICAI will guide the treatments of items covered in the erstwhile GN-34?

if creditors ask me balance bill due cash deposit my C.B.S A/C.Supose that bill due amount 150000/- & I deposit 120000/- deposit his C.B.S.A/C
1- Accounting entry in the book of purchaser

2- effect in income tax

The Company has changed the method of Depreciation, the depreciation is now recalculated with the new method from the date the asset was put to use . Now my querry is that:
a) whether the diff in the amount of Depreciation due to the old and new method should be shown below the line or above the line .
b)whether the diff will be considered for calculating the book profit I.e if the diff is shown above the line then whether we have to add back or deduct as the case may be from the Net Profit or Not.
c) In Calculating the Book profit, if the company has brought forward Business loss and unabsorbed depreciation, whether the lower of the business loss and unabsorbed depreciation will be deducted from the net profit for calculating the Book Profit.

Hi,
A friend of mine has recently come from abroad and is starting a company here. His revenue source will be in form of Foreign Exchange.
I wanna know what are the steps to comply with the FEMA Act and Regulations from Step 1 i.e; the registration precodeure etc. I am new in to field and hence would like the experts to help me.

Regards,
Bajaj

hi,
i had completed my pe2 in may08, now iwant 2 go through article ship/Apprenticeship but i don't know the main difference b/w them.so ,plz friends help me about d same. AND
how would be d same [articleship/Apprenticeship] to become a good experience&professional. i.e., what should we have 2 do right through this d same& wht r d different approaches 2 face & succeed dis.
so, plz help me d same ***no body is der 2 tel me about dis sothat im grateful 2 u.i need it very urgent bcoz i want 2 join as early as possible.

WE are manufacturer of battery case in Uttarakhand .As per govt. notification we income tax exemption unit for 5 yr so i want treatment of deprectiaion on assets as regard AS 22 ( Deffered tax ) if any body details / variety of example on this issue plz send me . i am interest its presentation in BS .we start our unit from 2008
My e-id - sanjaybkadam@gmail.com

I Bussines garment total purchase credit basic suppose that my 1 purchase bill 80000/-
& supplers ask 80000/-Cash deposit my C.B.S.A/C

1-What accounting entry in puurchaser book
2- cash deposit exceed 20000/-ka kya hoga