This Query has 1 replies
Is upward revaluation of Investments is possible / allowed by any means for an Unlisted company for its investments in the shares of any other listed company ?
for e.g.
if XYZ Pvt. Ltd. has purchsed 100 shares of Reliance @ 100Rs/share, then can it show its investments @ Rs. 850 (assuming Rs. 850 is the current market value of a Reliance share)in its Balance Sheet.
This Query has 9 replies
TOTAL OF TRAIL BALANCE AND BALANCE SHEET SHOULD BE EQUAL OR NOT...
This Query has 3 replies
Mr. A sold goods worth Rs. 15000/- to Mr. B, now at the time of payment Mr. A suggested to Mr. B that he should pay to him Rs. 13000/- only and the rest Rs. 2000/- paid to transporter of such goods.
My query is that adjustment made as above is permissible in book of accounts as per incometax or tax audit ? or whether sale is to be considered to the extent of 13000/- ?
Please do needful help.
This Query has 3 replies
Isold my old car (worth rs 120000.00 in books)in rs.20000.00 and also purchase a new car worth rs. 400000.00 , HOW MUCH depriciation CLAM on both car`s.
please help me .
This Query has 1 replies
Amount INR 117000.00/-
to be Expensed out or Shown as intangible asset under India AS & International AS
Kindly suggest asap
This Query has 2 replies
What should be the treatment of Trial-Run Expenses (consisting of all revenue expenses). Will these be capitalised by apportionemet in Fixed Costs??
This Query has 3 replies
Suppose private ltd co. has taken insurance policy of 10 years against damage caused to plant and machinery by fire and paying premium annually.....so what is the tratment of policy in financial statements on the date of policy taken and subsequent premiums paid.
Is it to be capitalised and if yes then how?
plz answer as per revised schedule VI
This Query has 3 replies
how to prepare accounting standards
refer best notes
This Query has 1 replies
What is Interest Rate (on Late Payment) on Professional tax.
This Query has 2 replies
Hello,
I was wanting some help regarding Foreign Direct Investment in a company involved in retail trade.
Will it possible to explain how would the Financial Statements of a company be affected (and what changes will take place) in case it receives Foreign Direct Investment?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
As -13 accounting for investments