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My client is 40yrs old and going to retire at 55yrs. He wants to take an housing loan details of which are Hsg Loan Amt Rs.700000/-, Int-12%p.a.(fixed), Loan yrs 10yrs, starting 1-12-2007, could any body tell me the exact step to calculate EMI on calculator

what is the due date for roc return file.

wheather we have to make deferred tax liability if the company is in tax holiday u/s 80ic/ib.

Hi,



We have a client who have purchased a land from a ECB loan borrowed for this purpose. Can the Interest on ECB loan be capitalised? Is "Land" a qualifying asset under AS 16 for capitalisation of Borrowing Cost?



Vidya

Whether in cash system of accounting, excess fees received from a client could be shown on liability side as current liability?

Can anybody tell me:??
Can we reconcile Cash Flow with P&L or vise versa.

Because in Cash Flow we consider only actual inflow/outflow of the cash/bank, while in case of P&L, we show our expenses on accrual basis. So how can we reconcile cash flow with P&L??

Could u suggest anybody what is contract and sub contract and difference between these two?

Sir,
01. One of the advocate suggested our HR Manager to calculate the salary on the number of days as per the month(Feb - 28, then 30, and 31) But as per my knowledge, as per rule, we have to take 26days for calculation.

02. HRA - If i work for 10 days, then what will be the HRA if I am eligible for HRA Rs.6000/- a month?

Pleas advice me in the above regarding.

Regards
Hari

my company has purchased a newly built ship on 15.2.2007. what rate of depreciation to be applied for the period upto 15.2.2007 to 31.3.2007. wheter it is for the pro rata for the applicable days. if that so, on what percentage ?