Anonymous
This Query has 1 replies

This Query has 1 replies

Hii,

I have formed a new co on 02 march 2012. Company registration happened on 02nd march 2012.

Do i need to file return of that Financial Yr 2011-2012. i have read somewhere in company acts that for a new formed co one can start filling returns within 18month of incorporation.

Pls advice

Naresh baid



Anonymous
This Query has 1 replies

This Query has 1 replies

27 December 2012 at 21:45

Excel


Simple Formula

25
30
TOTAL =SUM(B4:B5) A

But I would Like To Known That If Some One Insert A fig In Formula then How To Known

Eg:
25
30
TOTAL =SUM(B11:B12)+6 B


IF U SEE B THEN AMT 6 HAS BEEN ADDED IN THE FORMULA
HOW TO KNOWN THAT 6 HAS BEEN ADDED IN FORMULA THAT IS =SUM(B11:B12)+6

IN A NUTSHELL ANY FORMULA IS THERE TO KNOWN THAT 6 HAS BEEN ADDED IN THE FORMULA
BECAUSE THIS IS ONLY A SINGLE FORMULA BUT I AM HAVING SHEET WHICH HAS MORE THAN
120 FORMULA SO A QUICK LOOK THAT A FIG HAS BEEN ADDED IN THE FORMULA
HOW TO KNOW ??????????????????



Anonymous
This Query has 1 replies

This Query has 1 replies

27 December 2012 at 17:05

Grat money recd.

Dear Sirs
A event management co.received money as grant from government Department. for a workshop releted agriculture. so I want to know that it,s our income or not? if it is not fixed assets. what entry wil pass of it ? and whitch head ?



Thaks & Regards
Rajendra


sanjay
This Query has 1 replies

This Query has 1 replies

26 December 2012 at 20:09

Entry of closing books in tally

Hello All
I am Sanjay. I want to take guidance regarding the closing entries of Purchase, Sale, Closing Stock & Opening Stock. In Summary, How to close the books of accounts in Tally.
Give me the whole entries of closing.
Thanks
Sanjay









SATISH MADYAPGOL
This Query has 3 replies

This Query has 3 replies

26 December 2012 at 17:28

Depreciation

Sir,
I have a Car.
Book Value of this car is Rs.250860 as on 01/04/2012.
I purchased new car for Rs.1043722 on 21/11/2012 & Sold old car for Rs.150000 on 11/12/2012.
Sold value of Old car is including Vat i.e. net sale amount Rs.13333 + vat@12.5% Rs.16667
I am confused about depreciation.
How much Depreciation can be taken in this case?
How much amount should be credit to car account?
Please reply.
Thanks.


Chintan Patel
This Query has 3 replies

This Query has 3 replies

26 December 2012 at 15:58

Vat

Is VAT added to purchases account and will it be taken into consideration for valuing closing stock?



-THANKING YOU IN ADVANCE


Chintan Patel
This Query has 1 replies

This Query has 1 replies

26 December 2012 at 15:44

Provision for depreciation

HELLO FRIENDS,Sometimes,the firms instead of reducing the value of the asset to the extent of its depreciation amount,open a new account "PROVISION FOR DEPRECIATION"?

WHY do they adopt this method and what is its significance or advantages?why don't they credit the asset account to the extent of its depreciation?
-thanking you in advance...


ramana
This Query has 2 replies

This Query has 2 replies

26 December 2012 at 14:41

Accounts

Dear Experts

How many ways to rectify negative cash balance, Suppose negative cash balance rs 1000000 in 2010-11 financial year. how to rectify, still i am not filing returns to dept



Anonymous
This Query has 1 replies

This Query has 1 replies

26 December 2012 at 12:55

Account category

Dear Experts,


We are in to trading business of health care product, like Electric Massager Etc.

We sale product to individual customer and we provide a warranty on the product. after the usage of product some time they find out the any electric problem or some other problem on the same. we repaired but we charges the fees from them.My question is this income should be Indirect Income or Direct Income please explain






Anonymous
This Query has 1 replies

This Query has 1 replies

26 December 2012 at 12:24

Cost of capital

Please help me out for this problem
" The share of a chemical company are selling at Rs. 20 per share. The firm had paid dividend at Rs. 2 per share last year. The estimated growth of company is approximately 5% per year. Determine the cost of equity capital of the company. "
Thanks in advance....






CCI Pro



Answer Query

Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details