Anonymous
This Query has 5 replies

This Query has 5 replies

27 February 2014 at 15:55

Residential house as fixed asset

Can residential house be describe as fixed asset in balance sheet, where assessee is individual.?


Sunny
This Query has 1 replies

This Query has 1 replies

27 February 2014 at 13:47

Revenue recognition

Dear experts plz tell me revenue recognition criteria for Software Companies? What kinds of contracts does a software company enter into with its clients? plz reply urgent Thanks in advance


Dipti chaudhari
This Query has 2 replies

This Query has 2 replies

27 February 2014 at 11:46

Dissolution of partnership firm

our client is partnership firm & now it is going for dissolution. the partnership deed was first made in 2005 wherein details of remuneration to partners was not mentioned so in 2006 a new deed was made stating partners remuneration then after this in 2007 the deed was again changed due to change in profit sharing ratio.So while preparing dissolution deed do we need to mention details of all three deeds or only the latest one? Also please suggest the format for dissolution deed


vijay
This Query has 1 replies

This Query has 1 replies

27 February 2014 at 11:35

Profession tax in karnataka

dear sir,

what is the annual rate of profession tax payable by the employers of a private limited company and proprietory concern in karnataka and the last date of payment !

please resolve.

with best regards

vijay



Anonymous
This Query has 1 replies

This Query has 1 replies

27 February 2014 at 10:52

Purchase of vacuum cleaner

we purchase in out factory vacuum cleaner and god which heads of account of both item


Nikhil garg
This Query has 4 replies

This Query has 4 replies

I have purchased 2 type of goods. Goods X pur from local & freight exp paid to a transporter and Goods Y pur from party nd party had already paid freight exp to transporter and issue an invoice (inclusive of freight exp).

What should be the treatment of Goods X pur and Goods Y pur.

plz ensure the journals entries.


bhavika jain
This Query has 1 replies

This Query has 1 replies

26 February 2014 at 16:51

Branch & head office

Head office is in Mumbai & branch is in Hyderabad.Prfit earned by Hyderabad branch in a particular accounting year is to be transferred to head office in the books. Than what accounting entry to be passed.
The situation is head office sells the goods to hyderabad branch at cost.And than hyderabad branch sells the goods After their profit margin .....so all the net profit the client want to appear in single account i.e in head office accounts .....
So can anyone suggest me the accounting entry to passed.


MOHIT MITTAL
This Query has 1 replies

This Query has 1 replies

26 February 2014 at 16:47

Regarding share income

sir , I purchase share of rs10 after sale rs.100 . I receive rs 90 as profit in each share . kindly give me sugesstion rs 90 is calculated under capital gain tax or as per cacluate income in normal slab rate


yogesh
This Query has 2 replies

This Query has 2 replies

26 February 2014 at 14:08

Din no.

what is DIN no.?


Vivekranjan
This Query has 2 replies

This Query has 2 replies

The assessee and his friend purchased 2 plots in 2010 & 2012, respectively and started a Partnership Firm for Construction on said plots. In 2013 the construction is completed and they sell the 24 flats constructed on the said plots. Now how accounting is made for said transaction? How profits should be booked and Is there any Capital gain involve after sale of Flats?






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