we have purchased new engine for forklift due to damage of old engine & sold old engine to the seller of new engine for consideration.

whether the engine treated as fixed asset or not and how to treat old engine consideration.. Please advise.. Thank you

what portion of Ind ASs applicable for ca final may 2016 ? please suggest

IF bill date is 04-04-2015 for the exp of March.
so Entered in books with expense payable a/c or with party name in FY 14-15 books ( i ask for presentation purpose)

what actually the accrual concept mean? please clarify this to me

Dear Sir,

I have taken factory on rent in June-2014 and paid full amount of rent in this month without dedcated TDS,next month (July-2014) we have dedcated both month TDS and deposit

Thats why we will not issue TDS Certificate for First qtr. we have to issue Certificate in IInd qty. i want to know any legal problem. Please provide us your valuable suggestion

Hi Experts,

Can I know what is the meaning of CENVAT & EXCISE?
How to calculate Excise?
what is the meaning of material variance?

What is the difference between 80ccc and 80dccd(1) and 80ccd(1b)

I need the difference between manufacturing sales and trading sales for preparation of projected statements of a rice mill.please inform me the difference as early as possible.

dear sir , is this entry correct when purchase car (ourfixed assets) car a/c ...644301 To car co. a/c..644301 when make downpayment car co . a/c 300000 To bank....300000 When EMI payment EMI a/c 13001 To bank 13001

Can Placed to service date with regard to a Fixed Asset be earlier than its capitalization date? Can depreciation be processed based on placed to service date and before capitalization date?