As per dividend is to be reduced from cost if it is out of pre acquisition profit but divided accrues only when shareholder declares in GM.
Share Purchase on 15/04/2012
Dividend Declare on 26/07/2012
Dividend Received on 10/08/2012

Whether Dividend require to be deducted from Cost?

It is make any difference if it is normal Investment and there is no consolidation

Dear Sir
We taken in Registration in PF & ESIC In Jan 2012 , for doing the contract job,
Pls note that vwe have showing 20nos. emloyee in EPF & 10 Nos. in ESIC .

Unfortunaetly we have not get any contract or job from the period Jan to till date.

Pls Clarify us can we Have required to deposit the PF & ESIC for this Period , and also required to file the Return.

Prelimery Expense, Share Issue Exp, Registration Exp etc where to show in the revised schedule VI

Pl reply urgently....

Why advance income tax heading is shown on long term loan and advances ? rather than sort term loan and advances ?


Plz clarify how it is long term?

WHAT IS THE LOGIC BEHIND ADDING EXCISE DUTY ON CLOSING STOCK AS PER AS2 INVENTORY VALUATION , EXCISE DUTY IS NOT OUR COST SO IT SHOULD ALSO NOT BE INCLUDED IN STOCK VALUATION?

Pl tell

May BONUS SHARES issue be made out of following:

1. Revaluation Reserve

2. Capital Reserve

3. Securities Premium Account

4. General Reserve

5. Debenture redemption reserve account

6. Capital Redemption Reserve Account

or any other reserve

Are rules different for Private Co. / Unlisted Co./ Listed Co.


Thank u in anticiation.

I want to confirm the applicability of revised schedule VI for Nov 2012 CA Final Exams.

please anyone help me that how to pass accounting entry for free of cost goods sales.

Actually, we are selling free product as per sales scheme(FOC) like buy one get one free.

please tell me if any rule for this treatment.

Thanks

OUR FIRM HAS TAKEN A LOAN OF RS 30,00,000/- FROM AXIS BANK TOWARDS PURCHASE OF NEW CAR.

AXIS BANK HAS ADVANCED THE LOAN AMOUNT OF RS. 29,06,306/- THROUGH DD ( AFTER DEDUCTING RS. 76694/- AS ADVANCE EMI AND RS. 17000/- TOWARDS LOAN PROCESSING CHARGES) DIRECTLY TO THE CAR SUPPLIER.

MY QUERY IS :

KINDLY ADVISE THE ACCOUNTING ENTRY i.e., WHAT ACCOUNTS ARE TO BE DEBITED AND CREDITED.

HOW TO PASS ENTRY FOR ADVANCE EMI OF RS. 76694/- AND BANK PROCESSING CHARGES OF 17000/-.

I HAVE GONE THROUGH SIMILAR EXAMPLE IN THIS WEBSITE BUT COULD NOT UNDERSTAND.

SO KINDLY ADVISE ME PROPERLY.

what is the definition of fellow subsidiary?

Plz clarify with an example if one holding co 4 subsidiary and one subsidiary is aslo a holding company ?

Thanks