DEAR FRIENDS,

I GAVE A COMPETITIVE EXAM IN LAST SUNDAY. THERE WAS QUESTION IN THE QUESTION PAPER.BUT I COULD NOT SOLVE IT AS MY KNOWLEDGE WAS NOT WORTH ABOUT THE TOPIC. I HOPE ANY MEMBER OF CCI FORUM COULD SOLVE IT.THE QUESTION WAS... AN ITEM IS AVAILABLE IN RS. 6000 AND IT CAN BE BOUGHT BY PAYING RS. 2000 AS CASH DOWN PAYMENT AND REMAINING IN THREE EQUAL INSTALMENTS. IF THE RATE OF THE INTEREST IS 12 PERCENT PER ANNUM .FIND THE AMOUNT OF EACH INSTALMENTS.

REGARDS
SANTOSH SHARMA
Accounts Executive.

Hi, sirs

can any body sugest how to check NAV for Fidelity Cash Fund weekly dividend i.e(NAV FOR WHOLE YEAR FROM 01-04-2011 TO 31-03-2012)for accounting dividend on accrual basis Pls.........Venkat <---<

What is the treatment of interest on FD While Making BAL Sht under provision of Sec 44 AB???
Case 1. When FD mature in Current Year.
Case 2. When FD mature in any Next Year.

IS propotionate Interest is required to calculate.
or full amount of interest will be treated as income in year of maturity??

What should the accounting treatment of Rent free accommodation? Plz help..

there is a company ABC & its two Branch by namely Co. A Co.B.
my query is, all branch paid there salary from their bank A/c. WHAT WILL BE ENTRY IN ALL CO. AND TWO BRANCH FOR THE SAME

OMS purchase Dr. 1000
CST 2% Dr. 20
TO M/s. ABC A/c 1020
_________________________________________

M/s. XYZ A/c Dr. 2040
To OMS Sale 2000
To CST 2% 40
__________________________________________

Dear all Friend pl. clear me what is the CST payment come in above case (1)is both CST set off and payment come Rs. 20(40-20) (2)or without set off Rs. 40 only.

i just want to know in above situation set of get or not.
Thanking You
Avin

Is it compulsory to provide depreciation on assets.
One of our company does not have any revenue/sales during 2011-12.
So should we provide depreciation on building on we can defer that for next year and provide depreciation for two years in next years.

How we disclose the reversal of provision made for the dimunation in the value of long term investment

Respected sir/mam,
I filled the inter form and had sent all the document which were needed for registration duly attested by a member of ICAI and with the DD of Rs 15500/- to the mumbai regional office on 21st of may through speed post,but i have got no reply from the institute regarding my registration and study materials. I am very worried about it and i have been informed by the head post office that the article i have sent has been delivered on 29th may..i have tried to call many time but no operator is responding..hope i get reply of the mail..please sir/mam help me...

Please clarify whether TDS Applicable on Machine Commissioning Charges Also Party is Charing Vat in the bill but party is not registered for Service Tax Bill Amount is Rs.195000/-