Vishnu Agarwal
This Query has 3 replies

This Query has 3 replies

05 September 2008 at 12:21

relating to APC charges



What is the meaning of APC charges?


Rameez Anwar
This Query has 3 replies

This Query has 3 replies

05 September 2008 at 10:27

foreign denominated asset

What is 'asset denominated in foreign currency'? How should the exchange difference as on year-end date be treated as per AS 11?


Mihir
This Query has 4 replies

This Query has 4 replies

Is it possible to convert at the same time share application money to Share Capital and loans from shareholders.

If yes what are the accounting and reporting implications under companies act.


Vishnu Agarwal
This Query has 5 replies

This Query has 5 replies

04 September 2008 at 13:18

relating to CTC



What is the meaning of cost to company?


Vishnu Agarwal
This Query has 5 replies

This Query has 5 replies

04 September 2008 at 13:03

relating to Distribution tax



What is the meaning of distribution tax?


Vishnu Agarwal
This Query has 4 replies

This Query has 4 replies

04 September 2008 at 13:01

relating to FPO



What is the meaning of FPO


Vishnu Agarwal
This Query has 4 replies

This Query has 4 replies

04 September 2008 at 12:55

relating to MOU



What is the meaning of Memorandon of understanding?


achal kumar garg
This Query has 4 replies

This Query has 4 replies

04 September 2008 at 10:11

matching concept

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


CA Arvind
This Query has 2 replies

This Query has 2 replies

03 September 2008 at 13:25

CA Arvind Singh

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


CA Annie
This Query has 6 replies

This Query has 6 replies

03 September 2008 at 10:02

Interest waived

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?






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