Does AS-28 "Impairment of Assests" applicable on LAND ?

what is ER-1ER-2 ER-3 ER-4 ER-5 ER-6 ER-7

We the service providing Pvt. Ltd Company we start service in the month of march 2015, after 30 days we issue invoice & book income in the month of april 2015 & service tax deposited in the month of May 2015. But the party booked expenses & tds deducted, shows in 26AS in the month of march 2015. In that case what will we do the accounting & tds entry in the month of march 2015.

Dear sir
kindly help about following matter---
If i booked expenses which is estimated basis (because as on date i don't know how it will actual) as on 31-03-2015 as
example
31.3.15 Expenses dr 100000
to out expenses 98000
to TDs provision 2000
(Being Expenses outstanding as on 31.3.2015 and TDS deducted @2 % ..)

So my question is what is the entry of next year ( i.e from 01.04.2015) if --
i)Party actual Expenses excess i.e Rs.120000 as on the date of 31.03.2015
ii)Party actual Expenses short i.e Rs 80000 as on the date of 31.03.2015

ABC & Co. raised a reimbursement invoice of Rs 1,20,000 for Airfare to DEF & Co(Customer) . As per Agreed terms in Agreement which is flat payable of Rs 1,20,000. Now ABC & Co. has actual spent of Rs 80,000 for Airfare , Balance Rs. 40,000 is received extra.

QUERY Is :-

1) In Books Rs 40,000 should take under revenue ?

2)is Rs 40,000 is a taxable income ?

Kindly confirm!

dear sir/ madam , If a chief promoter (builder) settles the account of the members in a coop scty by depositing the balance amt in a bank which was taken from members ,under what ledger the chief promoters account be created in tally? thanks.

Respected Sir

I want to know that is it compulsory to revalued our foreign debtors as on 31st march?

If yes than on which rate??

Whether AS-11 is applicable to pvt ltd and partnership firm also or not.

Whether there is any exemption available to any entity or not ?

Dear all member,

I am writing here with high hopes!

The genesis of the entire situation is as follows:

Firstly: When a Joint Account was opened with a bank i.e A B C with anyone or survivor clause/mandate in the year 2005. The sole/ joint account holder (A) left for Uk and never returned to India. The operations of the said accounts were continued to be operated by (B) and the official of the bank.

Secondly: In the year 2007, the sole joint account holder expired in Uk and the rest of the account holders did not informed the banker of his demise and continued to operate the account same as ABC.

Thirdly: There were some investments made in the name of A in other banks (the deceased account holder) thereafter B and C closed the said investments in the year 2010 and received the amounts through crossed named cheques made in the favour of A. And subsequently depositing the said cheques in the Joint Account still ruining in the name of ABC and latter swindled away the amounts, so received.

My question is :-

Once the Sole/Joint Account holder has already expired in the year 2007, can the operation of the said Joint account continued by the other account holders in a case of anyone or survivor mandate?

As they kept the banker in shadow regarding the death of the sole account holder, does the other account holders attract any any penal charges and depositing cheques from other financial institutions that were made in the favour of A after his death?

Your precious advice is much desired.

Thank you so much.

list of things required or any checklist of details which are required to be performed for incorporation of a pvt co

Hello Friends
Please help me in accounting entry

Rs.2,25,00,000 invested in FD

Interest amount 01.04.2014 to 31.03.2015 is RS.10,52,297/-

Tax Deducted Rs. 139419.20

Interest accrued 341895.00

this FD has value as per TDS Certificate issued as on 31.03.2015 is Rs.22959369.90

How to pass entry in TAlly 9 for this transaction .