This Query has 4 replies
If a company has received a show cause notice to disallowance of certain expense of Rs300 resulting in probable tax demand Rs. 100. The entire demand has been paid by the Company under protest.
Should Rs. 100 will now be disclosed in Notes to Accounts as Contingent liability.
One view of the Auditors is that since the amount has not been expenses off it should be shown as contingent liability.
Another view of the Auditors is that since no further cash flow will be there so no need to show it as contingent liability.
This Query has 5 replies
I imported a Machinery and sent full payment in advance @Rs.89 to a Euro. When the machinery was imported into the Country, customs valued the machinery @Rs.86 to a Euro.
At what value should I take machinery into my books of account at the value I remitted or at the value which custom officials have taken
This Query has 2 replies
when service tax can be part of expenses please provide with example thanks in advance.
This Query has 2 replies
what is difference B/w General maintenance and repairs maintenance charges ?
This Query has 4 replies
HOw the Trail Run Expenditure will treated in the Accounting and please refer the Standard also.?
As per AS 10 - It mentions only about the expenditure and didt tell about the income treatment.. as per my view
This Query has 1 replies
m so tensed in CAFM... don't know anything... too sad!! Ky kru Ky pdhu? sbkch kl k paper depend krta h... law n accounts ka paper to kaafi acha hua h.. I don't think k mere 40 marks b aaynge cafm me.. help me!
This Query has 3 replies
is there any changes in ca final accounts paper relating to consolidation chapter
or in any other chapters according to notified sections of companies act 2013
This Query has 3 replies
service receive from firm for security services service receiver is company.
Security services =1,00,000.00
ST = 3,090.00
Total amount =1,03,090.00
what will be the journal entry in the case of company (service Receiver)
This Query has 1 replies
service receive from firm for security services service receiver is company.
Security services =1,00,000.00
ST = 3,090.00
Total amount =1,03,090.00
what will be the journal entry in the case of company (service Receiver)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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