Pls can anybody tell me if loan taken for the purchase of building and intt. on that loan can be treated as borrowing cost and other cost to take that loan is to be included in loan or borrowing cost or taken to profit & loss a/c as a indirect expense.



WHAT are the treatment of borrowing cost in regard to INCOME TAX.

I'm audit a company in which having 2 branch and 1 one brach having negitive cash balance. in audited balance sheet or previous year..is this posible or not?????

Hi Sirs, Whether CA Final students whether individually or in a group can for a business to complete all the pre-certification activities. All the work before the stage of certification will be completed and assisted by this business team in all respects.. Can they do so?? Any legal obligations??

A party of mine has sended us Confirmation of Accounts , but we are not agreeing the balance as there is dispute between us over charging of Interest, though we charged till last year ,,, from current year we dont want to show,,,

What should i do ...

Thanks In advance ... Very Urgent.

Dear Sir,

Please help me. How to a/c for builders.

our company process..

First customer book the flat and entered into agreement with builders,who's given consideration instalment as per agreement...like advances taken from customers.
how to a/c for as per AS-7 or AS-9?

and please explain?

Respected experts,

Under which a/c head will payment made for purchase of digital signature be debited as an expense? and why?


Thanks in advance.

can anyone give me example (practical or illustration) of cross holding merger??? i searched in many books but i cant found??

if possible plz give solution

hello evryone my name is tarun kumar and i have cleraed both groups of ipcc in nov 2013 ateempt and now i have to join ca firm for articlship and m belong to small city in haryana and now am confused about articlshp that should i take from my hometown or from delhi...but i have no refrence in big firms...and i have find some small firms in delhi. so please suggest me from where should i start articlshp and m intrested in job after clearing ca thanks

sir
i have a plot of rs 500000/-registrar valued it as rs. 600000/- at time of sale and it was sale for rs. 1000000/-,,so what will be accounting procedure for difference of rs. 600000/- and 500000/-...means what value should be taken in accounts

Hi Experts

Mr A company has payment made incurred for expenses behalf of Mr B company.

how to entry pass in journal and payment

thanks advance.