Im working as a electrical contractor and our yearly business is 15 lakh from job work, can i maintain all the books and necessay to pay return. and kindly tell me other statuary requirements.

In the case of a Ltd. Co. the term Financial Statement includes what:
Balance sheet trading & profit & loss A/c OR Balance Sheet, PROFIT & loss & P&L appropriaton A/c

amalgamation in the nature of merger?why the difference between paid up capital and consideration should be adjusted in the transferor co. reserves...,if any , otherwise transfreree co reserves .......what s the logic ?

How we should calculate the depreciation and loss/profit on sale of fixed assets. what is the correct way, should we take the wdv value of the assets. Pls describe me the full procedure and if possible also tell me the reason behind doing that.

What is the treatment of preliminary expenses as per Companies Act 1956. Whether it is allowed in one installment or 5 installments .

Dear sir,

can I know the calculation of % of material consumption.

Hello All
I am Sanjay. I want your guidance in this point.
My wife has incurred expenses of ticket etc for her mother from her account say Rs.10000/-, but my mother in law has deposited the amount in my account not her daughter's a/c. What will be the accounting entry in my books of account and my wife's books.
Kindly explain broadly by giving entry.
Regards
Sanjay

i have a car loan of rs 500000 but it is settled in 280000 and paid 280000.what is treatment of rest 120000 ?

Dear Sir,

The Land revenue expenses for previus finanacial yaer but paid in current financial year,is it allowable as expenses in current finanacial year as per income tax act?
Thanks
Vinod

In bank statement there are two kind of dates
1. Date & 2.Value Date. What is the meaning of Value date?? In writing accounts which date should be considered???