Hi, I am working in a company since 3 years and avail benefit of PF deduction and while checking balance of my PF account on EPFO website I found that my PF account is invalid and even X employees of this company told that they never received PF remittance amount and some are requesting to company for PF amount since 6-8 months but they never received payment and they say that company is fraud it just deducts amount from our salary and do not maintain any PF amounts for Employees and can anybody help me out how to get my PF account status and balance coz when I asked the company accountant he refused that he does not provide balance information or any document. He said I need to verify online, and can any procedure to how to sue company and any other documents required to sue the company if it found that company is fraud. Thanks please help me out in order to get my savings. Thanks....waiting for ur precious replies..!

Dear sir

Interest payable on unsecured loan amount where to shown whether indirect expenses or current liabilities

please tell me

Regards
Ramesha.m

Networth of a partnership firm (2partners -husband & wife) has to be calculated for eligibility purposes. The firm should have networth of 50 Lakhs. One of the partners has networth above 50 Lakhs in individual capacity. Can the partner's individual net worth be included in the firm's networth?

Hi,
Me wanted to ask that one of my auditee co. has maintained excise books, there they entered some spares as capital goods.But in accounts co. has shown these as spares and considered as revenue expenditure.
In this matter, my question is whether these spares be treated as capital goods in accounts/books of the co.?or there treatment of treating as revenue is correct?

A company had taken loan from the market & purchased land in 2010. The interest paid on loan was capitalised with the cost of land in the books of accounts. Now in 2012, the loan is still outstanding in the books & the company is paying interest on the same. Would the interest paid still be capitalised with the cost of land or would be a revenue expenditure?

hi,
the firm i m auditing has earnest money of rs 26,400 deposited with a govt dept regarding some tender work since the last 2 yrs...but there is no chance of its recovery...this balance has been carried forward since then..how do i write off the amount in the accounts ?

a person has a proprietorship business & providing service of providing manpower to various organisation. service receiver has deducted tax so that tds claim(dr bal)where to be shown in b/s. that person filed last yr return by showing presumptive income u/s 44AD.

tax (incl. ec & shec) 10000
tds 30000
refund 20000.


how this refund to be shownin books when claimed & when recd from income tax department.

I would like to know how to treat Capital Expenditures like Computers & Cars purchased during the pre operation period i.e before manufacturing commences.Now manufacturing has started and accounts have to be maintained how do i treat all these pre operation period expenditures in Accounting

abc advertisng company shown me in accounts as a consultant in month of july 2012, i am asking him to show me as employ of company in accounts from August 2012, so is it possible and what the way for this.


If accounts deny for this so what could be reason.



what i should to do in this case i should continue this job or not.

M making a bal sheet for 2011-12 of a pvt co.
in its books/trail bal...
Advnce tax(2009-10) rs.98700
advance tax(2010-11) Rs90000

is still appearing.
however the assement is completed for those years.

What entry should be passed now to close this entry.???
Plz reply soon...
thanks in advance