Treatment of redemption premium of convertible bonds (and the related legislation/AS/Guidance note/etc thereon)

Treatment of conversion premium of convertible bonds(and the related legislation/AS/Guidance note/etc thereon)

I want to know the accounting treatment for the below mentioned situation of a leasehold land.

Lease Period : 99 Years
Plot Deposit : 5.5 Lac (Refundable)
Development Charges : 14.5 Lac (Non Refundable)
Water Plant Cost : 3 Lacs ( Non Refundable)

How much should i capitalize? How much to be shown as deposit?

Give your suggestions

hello,
i want tally 5.4or7.2 tally software

1. Is there any disallowance of expenses if provision is not made ?

2. Is it complusory to create provision ?

3. Can provision be created for purchases ?

4. why prior period expenses are disallowed ?

5. what if I paid the expense of march in april ?

Suppose, I would like to apply for a loan for the purchase of land Rs.5 Lakhs from a bank.

About 40% of the total land price will be spent from my side as per the sale deed and balance 60 % will be the bank loan.

The security for the loan will be the land itself ( ie, the land to be purchased). I can submit the sale deed to the bank as mortage.

But I can not submit any proof of income to the bank for the payment of EMI.

The bank will provide the loan or not ?

which bank providing / not providing the above facility.

S.K.

1.I would kike to know more about the statutory & genaral reserves of companies ( different forms )in India

2. U.A.E.

3.companies operating in India with branches in U.A.E.

S.K.

How we treat creditors ''unclaimed credits'' in each fiscal year in P & L.


S.K.

We have imported some raw materials and capital goods in USD.We need to book them in our books in INR.I need to know the day of which conversion rate i can use to book the entry. I am considering on two options:
1)The conversion rate of the day on which we received the material in our factory premises.
2)The conversion rate mentioned in the bill of entry.

Please suggest,which option is right.

RESPECTED SIR,

WHAT IS THE MEANING OF "difference is capable of reversal in subsequent periods", "Permanent Difference", "Temporary difference", "virtual certainty" & "real certainty" IN ACCOUNTING STANDARD 22.

REGARDS,

PRABHAKAR

There is a machinery which has been written off subsequently.The machinery is no more depreciable.But the Machinery has been still put to use in production.It is the only machinery used for production.Can a company charge depreciation on such machinery? According to Companies Act,1956,a machinery which has been written off upto 90% of its Historical cost is said to be written off.