IF LOAN IS TAKEN FOR 5 LAKH @ 10%P.A AS ON 1-10-2010, AND IF ASSET FOR THE SAME IS ACQUIRED AS ON 1-11-2010 FOR RS 100000, THEN HOW MUCH AMOUNT OF INT TO BE CAPITALISED AND HOW MUCH SHOULD BE CHARGED TO P&L?

hi
please can any body clarify me the treatment of securities premium at the time of F\F of shares if the issue is oversubsribe premium is to be paid (1) 50% with application & remaining with allotment & allotee failed to pay allotment money(2) if entire premium is to be paid at the time of allotment & allotee fails to pay the say ...
x a holder applied for 1000 shares allotted 700 shares premium in case (1)apllication 4 includes 2 rs premium & allotmant 4 includes 2 rs premium fails to pay allotment
case 2 pays rs 4 on application includes premium of @2 & fails to pay allotment money@ rs 4 includes premium of @rs 2
thanks all for honouring the query...

Dear All,
I have a problem related to investment value in case of consolidation of accounts of subsidiaries. I am requesting to all of you, kindly give your valuable guidance and opinion for the same.


Facts:
X Ltd is presently holding company of Y Ltd. X Ltd have 100% share holding in Y Ltd. X Ltd. acquire shares of Y Ltd. as per the scheme of restructuring. As per the scheme all shares of Y Ltd. transferred to X Ltd. from its originally holding company Z Ltd. Z Ltd. acquired shares of Y Ltd. at face value at cost of Rs. 5 lacs. Whereas share of Y Ltd. transferred to X Ltd. by Ztd. without taking any purchase consideration.
Shares of Y Ltd. is unquoted.


Query:
My query is that in consolidation of account of X, What would be the investment value for shares of Y Ltd. And Any goodwill or capital reserve would be arise?

Respected Sir,

A Proprietor has purchased Land 2 years Ago for Factory. Last Month he had done vastu for how the land is lucky or not.He has paid 35000.00 to Vastu Man.Under What Expenses should the Expenses Booked.

Thanks & Regards

please tell me that a company can be properiator of a proprietorship fierm if yes then whether consolidation is to be done,if yes how. Please clarify the legal position,Even in both case where it has same business or different business as to its properietorship firm.
thanks in advance

I am working in a private concern as accountant .Off has arrange tour for target achieved people they paid cash this exp will come in which a/c

Dear Sir,

Is Companies Act Accounting Standard are different from ICAI Accounting standards?? and is there any rule that, for Stat audit,we have to refer only Companies Act accounting standards???


Please give me an answer.....

Hi,
I have tally erp 9. can i prepare tds & service tax return in tally erp9. how can i file e-tds return with the help of tally erp 9.
Please answer me this is my 3rd quiries for the same question.

can any one help me to understand what is debit and credit

Dear sir/Madam

Please let me know whether advance amount paid in foreign currency in respect of fixed asset purchase as balnce sheet date is to be restated as monetary item or non monetary item.

Thanks for prompt reply .