Please guide,

My Company is a 100% EOU, entered in to fwd. contracts, to mitigate the currency fluctuation risk. These fwd contracts whether recorded as per AS-11 or AS-30?
Adv. thnx.

We are a Jewellery Firm. Received an order for the Ornaments and an amount of Rs.30000 received in cash. After some days customer cancelled the order. Now casn we refund the amount in cash or not?. Please guide me.

hi
Can depreciation calculated at the rates mentioned in the income tax act,1961 while preparing the revised schedule VI?

the depreciation rates as per companies act is different from the income tax act.

In the policies of the companies it is given that they follow the rates as per income tax rules.
so by that can we prepare the revised schedule VI with income tax act mentioned rates??

Hello sir

sir my question might look silly but i am having this doubt. sir why closing stock does not appear in trail balance.

thanks

harish

Dear Sir,
Pls suggest us how to make entries of shares application / Allotment / holding / bonus shares in accounting

Tnks
Reshma

Dear all
please give me suggestion for availing of cenvet credit of furniture & fixture which is use in office builiding (administration)
we can avail cenvat credit on that or not

please give me positive response.

hello, in the first year of our company, we had opeartions for only four months. so we did not created any provision .. however we had paid taxed of around 4 lacs. which were later refunded.
how do i disclose this income tax refund in my financial statements

How to pass the journal entry in Tally for the following transactions:-
Date- 01/05/2012 An Indian company raise a proforma invoice to a foreign client amounting EURO 1,000/-.
Date-05/05/2012 Foreign client remit Euro 1,000/-, in the FIRC, rate for Euro is mentioned EURO 1=INR 65.
Date- 02/06/2012 Indian company raise a Final invoice to the same client for Euro 2,000/- , and gets the payment on 06/06/2012. In FIRC rate for Euro is Mentioned as i)1 EURO=INR 70, ii)1 EURO=INR 60.

What is crr?
when it is used?

Dear Sir,

We have Manufacturing and Trading division in our company with separate books of accounts, At the time of preparation of balance sheet we have to make combined balance Sheet.

But we are facing difficulties to prepare the balance sheet In the revised form Schedule VI to make combined balance sheet.

Hence kindly provide the suitable format of Schedule VI applicable for combined manufacturing and trading division.