Dear Sir / Madam

I must say thanks to everybody for giving good advice providing information all are doing great job thank so much to all

depreciation chart I.T.Act.

Depreciation Chart As per Companies Act

Assessment YEAR : 2012-2013 Please send me to my mail id kindly update to my e - mail

Regards

venkat

venkatseven@yahoo.com

Which Record maintenan gas Agency Business

Dear Sir,
I am working in a small co., my company owner transfer his company property in his son name & its transfer exps. was 405000/- (Stamp Paper Rs.390000 +10500 Receipt), but im confuse how i enter these amounts in co. books ? kindly suggest me.
Thankin You

Dear Friends,

I have imported raw material before 31st march, 2012 and make a payment in April'2012, there is a exchange diff.
what should be accounting treatment in this case?

and if i import Fixed Asset and there is a exchange diff. whether i have to capitalised the same or should be debited to P&L Account?

Kindly explain me with examples.

Our company is following Calander year as accounting year, hence we prepared the financial statements as on 31.12.2011 as per old Schedule VI...

Now, we are preparing the financials for the F.Y. 2011-12 for the Income tax purpose..

Whether Revised Schedule VI is applicable or not?

is purchase account a real account or nominal account???

hi iam working as an accountant in partnership firm we are paying lorry frights
by cash below 30000/-
and above 30000/-paying by way of cheque in the name of Truck Owner we received pancard also but we are not filing TDS returns
this method is correct or not

sir,
What is the meaning of CRR & SLR in Banking Co. For what purpose the above are maintained ? From whom these ratios are maintained...Branch or Head office of the Bank? What are the current CRR & SLR ?

I m very confused...for preparing financial statements of companies...ddt is to be deducted or not? In books...it is shown but tution frnds say...they have been taught nothing like that.....if yes? Then at what rate? In books 10% is taken .....we have to take present rate or 10?
What is present rate? Please clarify...may exams are near...

Cost 105000
Scrap value 5000
Life 10 years
Cal. Dep. Rate Wdv method