The company is registered on 29.03.2012 with the fund of state govt amounting 5 crore.
the all 500000 shares of 100 each is subscribed in MOA.
The first installment of 60 lacs is received upto 31.03.2013
My query is what will be the paid up value of the company & from which period the income & expenditure accounts will be prepared.

sir please inform to me, f.y .2012-13 interest but we are pay after 31/3/2013 payment date 27/5/2013 interest and prepared the tds challan and mention a.y.2014-15, it is write and wrong ,if write that ok & wrong than what i can do ? because i had paid the challan please reply to harry up.

Hi,

What are the difference between AS and IFRS? Which is the best site?

I want to know how accounting is done for recharge or talk time seller on behalf of a cellular company.I mean who we will manage his accounts. he receive talk time and sell it to retailer and get commission on behalf from cellular company.

Dear sirs,

Query related to disclosures of Excise duty collected on sales:-

The company has tow operations.
1- Manufacturing products by imported raw materials.
2- Sales of imported raw materials.

on case 2, the comapany has collecting Modvat from the customers( Proportionate of Import duties paid by the company)
How to disclose this Modvat collected?
Is it to be disclosed by adding sales a/c alike cenvat?

Our Corporate client have purchased one mfg unit on slump sale basis. sales consideration is Rs.15 crore.For transfer of unit in favor of our client, it has paid Rs. 75 Lakh towards stamp duty Charges.

Also my client has taken term loan of Rs. 10 crore from Bank , hence the company has paid the processing fees, consultant fees etc.

Now my query is that what is treatment of stamp duty charges and processing charges & Consultant fees etc in their books of account after keeping in mind AS-10 & 26.

A company has lend its asset on lease. It has
deducted VAT on it. On 31st March, the company has capitalised the same asset.
Is it allowed? and what is the acounting treatment?

What is the nature of revaluation account?
Whether it is real, personal or nominal...?????
plzzz answer me

What is the nature of revaluation account?
Whether it is real, personal or nominal...?????
plzzz answer me

I have recieved a property in gift from my father in 12-13 worth Rs.10000.I sold the property in 12-13 for Rs.250000.In the same year i purchased a peoperty for Rs.400000.
Now what are the amounts to be debited and credited to my capital acount.