wat is d difference between capital asset and deffered capital asset...???

36 X (A Pvt. Ltd. Company in India) purchased
500 shares @ 1 Euro each of B (A company
incorporated outside India). Since B shares
capital consisted of 500 shares, it became wholly
owned susbsidiary of X.

X also gave loan of 700 Euro to B during
financial year 2013-14 which was recoverted
in indian Rs. As on 31/03/14.

Now, during financial year 2014-15, this
loan is converted into 700 shares of 1 Euro
each.

Please advise
1 What entry is to be passed
2 At what value, transaction to be booked

how much tds will be deduct for contract transport in our company

Dear All

One of my client has planted bamboo tress worth Rs1.50 lakhs to absorb waste water discharged by its factory. Life of bamboo trees is estimated to be 15 years. Should it be treated as Fixed asset or not?

regards,
Vinay

For HRA
How to write it in the computation

HRA Paid by the employer (included in salary) - HRA rebate (shown as deduction)

is this the correct treatment?

I am trying to migrate tally 7.2 data but I am facing migration.err again and again please help me how can I resolve this

Mr.X(Husband)in his book of A/c.take a Car and after 5 years paying full loan.Can He gift car to wife (Transfer necessary paper)only for book entry?

HI to all..

in the previous year company had purchased a land and shown in balance sheet respectively.
in the present financial year they built one building on the said land.....

at the end of the financial year:
1) whether, can show land and buildings seperately with their values or collectively.

how to show in accounts and as well as in income tax.

please explain about WCT and where wct is applicable & rate of %

Hi,

Need a clarification on the below subject. It would be great if somebody can help me on the issue:

In case a client has filed an arbitration case against the company. The arbitrator rules the case in the client's favour. The exchange debits the broker and keeps the money in escrow account. The order is challenged and an appeal is filed against the order. The appellate arbitrator rules it in company's favour. The money is still lying in the escrow account which exchange will keep on hold.

The query is whether the money kept in escrow account be treated as expense. Also suggest what would be the situation in case the suit would be appealed by the client in the high court and would be pending for trial with High court at the year end.

Please suggest