What is Adjustment Entry,Of Defrred Tax Assets Made By Concern On Unabsorbed Dep., But No Convincing Evidence that sufficient Taxable Income Will Be available.

cipating preference shares.In such situation,as per para 13 of As-20, the Company must reduce the same from PAT only for the purpose of compliace of As -20. Can you explain the same is compulsory or not to comply para 13 of As-20 for companies or not ? The decision will affect indinan corporate history

I have raised the same in context para 4(e) of As-16.As per para 4(e)exchange rate fluctuation in relation to foreign currency loan to the extent of interest adjustment cost is capitalised and the excess over the interest cost should be given effect as per AS-11.If the company has exchange gain in relation to foreign currency loan for asset under consturction, should the same reduce the cost of asset under construction or credited to P & L Account ? The same case happens in majority of companies during the F.Y 09-10 in case foreign loan for asset under construction,as the exchange rate reduces as compared rate as on 1/04/09. The decision will affect indian corporate history to large extent.Can you please immediately reply considering para 4 (e)of As-16 and notification of As-11 issued on 31st March,2009 in above situation

Dear Experts, My question is concerned with the maximum no. of audits appilcable to a Practising CA.

A Practising CA is a partner in one firm. Now he joins another partnership firm while continuing with the existing partnership firm i.e now partner in two firms.

The question is that how the no. of audits will be bifurcated.

1. Will all audits in the first firm will be counted?
2. Will all audits will be counted in the 2nd firm?
3. The respective audits in both firms will be counted within the overall audit limits.

Pls. Reply with the provisions regarding the above.

Regards

Kindly explain with reason the disclosure requirements in respect of DTL. One of my counterpart wants us to show under the Share Holders fund however i am thinking otherwise.

So please give me some authentic proofs in response to your kind answers.

Thanks and Regards

Can any one tell me about option at equity shares. Plz

Whether following is covered by related party transaction to be reported in Notes to Accounts?

An Indian Pvt Ltd. Company is subsidiary of Canadian Company and its directors are also in Canada. The Co is managed by a person designated as Country Head of the Indian Co. Such a person is also a director of domestic co. Whether the transactions between these companies(subsidiary & domestic) are liable for related party transaction.

dear sir,
lam having doubt. ln the case of invoice concerned party authorized signatory is not there.tell me sir signatory is mandatory?

Can any one explain what is Audit trail.
How it helps us in doing our Audit.

a ca in practice declares himself as a practicing member, gives his professional attainments and experience in social networking sites like orkut, facebook etc. does it amount to professional misconduct?

if x is a member in practice who uses a social networking site and has a friend y to whom x discloses the names of his clients. z who is the friend on y and also the prospective client of x comes to know about the details of client through the scraps of y. Is x then guilty of professional conduct?