Vishnu Agarwal
This Query has 5 replies

This Query has 5 replies

15 September 2008 at 12:06

cash credit facilities





What is the meaning of cash credit facilities?


Vishnu Agarwal
This Query has 5 replies

This Query has 5 replies

15 September 2008 at 11:57

relating to demand loan



what is the meaning of demand loan?


Vishnu Agarwal
This Query has 4 replies

This Query has 4 replies

15 September 2008 at 11:53

relating to FIRC payment




what is the meaning of FIRC payment?


DINESH K SHAH
This Query has 2 replies

This Query has 2 replies

15 September 2008 at 11:02

REVALUATION RESERVE

FOR PLANT & MACHINERY & BUILDING IS REVALUED AND CRADITED THE DIFFERENCE AS REVALUATION RESERVE IN THE BALANCE SHEET. NEXT YEAR WHEN DEPRECIATION IS CHARGED ON ASSETS HOW THIS IS TO BE TREATED?

(1) TOTAL DEPRECIATION TO BE CHARGED TO P&L A/C ON NEW VALUE OR
(2) THIS IS TO BE DIVIDE IN TWO (A) ACTUAL DEPRECIATION TO BE CHARGED TO P&L a/C AND ON THE RE VALUATION DEPRECIATION TO BE REDUCED FROM THE REVALUATION RESERVE EVERY YEAR AS PER THE % OF THE EACH ASSET.

PLS CNFM AS PER IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS)


DINESH K SHAH
This Query has 3 replies

This Query has 3 replies

15 September 2008 at 10:59

REVALUATION RESERVE

FOR PLANT & MACHINERY & BUILDING IS REVALUED AND CRADITED THE DIFFERENCE AS REVALUATION RESERVE IN THE BALANCE SHEET. NEXT YEAR WHEN DEPRECIATION IS CHARGED ON ASSETS HOW THIS IS TO BE TREATED?

(1) TOTAL DEPRECIATION TO BE CHARGED TO P&L A/C ON NEW VALUE OR
(2) THIS IS TO BE DIVIDE IN TWO (A) ACTUAL DEPRECIATION TO BE CHARGED TO P&L a/C AND ON THE RE VALUATION DEPRECIATION TO BE REDUCED FROM THE REVALUATION RESERVE EVERY YEAR AS PER THE % OF THE EACH ASSET.

PLS CNFM AS PER IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS)


dipesh
This Query has 2 replies

This Query has 2 replies

14 September 2008 at 18:52

Accounting Standards

the applicbilty of accounting standards for enterprises has been done on basis of three levels.does those three levels i.e:-Level 1,level 2,Level 3, classification include companies.Is As-20,As-22 applicable to enterprises.The query is whether the companies are included in the three level classification or not.


ravinder singh rawat
This Query has 1 replies

This Query has 1 replies

Dear Experts,

please guide me what is main diffre. between Total Project cost (For commercial building) and construction cost what the elements we should take or not while calculating in construction cost

Thanks & Regards
Ravinder


Sameer
This Query has 2 replies

This Query has 2 replies

Hi,

I am a recently qualified CA, i dont have any knowledge about the introduction and implication of IFRS. Please tell me something in brief about it, so that i can face questions which will be asked in Campus Interviews. Its urgent Campus will start from 17th sep'08. Please help!

Regards,

Sameer
CA.


sachin saxena
This Query has 4 replies

This Query has 4 replies

13 September 2008 at 17:21

AS-19 effect on advance tax

we are following AS-19. so expenses incresed due to this will included in the calculation of asvance tax or not


Om Prakash Singh
This Query has 4 replies

This Query has 4 replies

13 September 2008 at 15:38

Depreciation

hi experts,
can u tell me that deprecition should be deducted at company law rate or income tax rate in books of a/c of a pvt ltd co. diffrence beetween of above rate where should be adjusted.






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