S.Mahendrakumar
This Query has 2 replies

This Query has 2 replies

What is the qualification required for sales tax practitioner enrollment as per Tamilnadu VAT?
As per my knowledge B.com is sufficient please guide me

Regards
S.Mahendrakumar


SAI CHANDU B
This Query has 6 replies

This Query has 6 replies

09 February 2013 at 15:17

As-10 capitalisation of land & building

A Company purchased a land together with building for a consideration (say Rs.1 crore).
No separate value allotted to Land & Building in the Sale deed.

How to allocate the cost between land & building for capitalisation in the books of accounts as per AS-10?



Anonymous
This Query has 1 replies

This Query has 1 replies

09 February 2013 at 12:59

Cash a/c queries

Is the cash a/c is always debited,so debited what the reason of cash a/c debited



Anonymous
This Query has 3 replies

This Query has 3 replies

09 February 2013 at 11:33

Tds on rent

please help me
we are paying rent 20000/- PM for 12 Month & its crossing limit of 180000/- but for FY 12-013 rent for the month of feb & march should i deduct tds on rent or not please suggest me


NEHACHANANA
This Query has 1 replies

This Query has 1 replies

08 February 2013 at 21:26

Booking of import purchases

when should be the import puchases booked,on the date of bill of entry or when the goods are received??. Also tell me what should be the rate of exchange for booking the import purchases in foreign currency,rbi rates or cbec rate.My co. is taking rates of rbi given at the the end of the month for booking next months import purchases.


Guest
This Query has 1 replies

This Query has 1 replies

08 February 2013 at 19:35

Doubt in consolidated financial ststements

please help me...

i have doubt in intra group transactions between holding and subsidiary:

relating to stock......downstream and upstream transactions....

i studied that 100% of unrealised profit on downstream transaction should be deducted from holding company's share of profit WHILE unrealised profit on upstream transaction should be reduced from the share of holding as well as MINORITY INTEREST on pro rata basis

.

.

.

.

NOW THE DOUBT IS ....WHETHER THE AFORESAID TREATMENT IS CORRECT OR NOT....IF NOT TELL ME THE CORRECT TREATMENT

.

.

.

SOLUTION PROVIDED ICAI IN PRACTICE MANUAL DO NOT DISTINGUISH UP / DOWN STREAM .....IT JUST DIRECTLY DEDUCTS 100% OF UNREALISED PROFITS FROM HOLDING COMPANY'S PROFIT EVEN IN CASE OF UPSTREAM ! ! !



PLEASE KNOWLEDGEABLE PERSONS HELP


NEHACHANANA
This Query has 2 replies

This Query has 2 replies

08 February 2013 at 16:43

Provision for gratuity

Please tell me that a company should make the provision for gratuity or not as provision for gratuity is not allowed u/s 40 of income tax Act. so the co.should make the provision for gratuity or not???



Anonymous
This Query has 1 replies

This Query has 1 replies

08 February 2013 at 16:01

Employee advances

what is the journal entry for advances payin to employees and what when employee pay back its advnces?
what are the step taken by the company if advances paid are not recorable?
what is running advance?



Anonymous
This Query has 5 replies

This Query has 5 replies

08 February 2013 at 12:51

depreciation on buildings

In general cases the value of building goes up so why we charge depreciation on the buildings.



Anonymous
This Query has 3 replies

This Query has 3 replies

08 February 2013 at 10:34

Bank reconciliation

Dear Sir
Please help me to solve this problem regarding PDC Cheques.

I make one cheque on 02/01/13 (bpv Date or cheque written date)and the cheque dated on 03/03/13 (due date). and it is encashed from bank on 05/03/13. so i make reconciliation on excel sheet like this

1,02/01/13 (bpv dt:) 05/03/13 (encash dt:)

2,03/03/13 (chq dt) 05/03/13 (encash dt)

which one is correct please help me

Thanks






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