My client is a real estate pvt ltd co in hyd they have purchases a property at bangalore and say that they will use it for their office purpose.this propery at present are occupied by tenants andduring the FY 2008-2009 the company has not caaried out any business, no other income is also recd from this purchased property. Whether the company has to provide dep on this property or whether it has to be shown as stock in trade.last f807-08 they have showed it under fixed assets

As per AS11 Initial recognition should be done at the rate of exchange prevailing on the "DATE OF TRANSACTION"
What does the date of transations mean?
For Export sales:
at which rate sales to be recorded?
1.Rate on the date of sales bill
2.Rate on the date of Bill of lading

same for Import purchases:
at which rate purchases to be recorded?
1.Rate on the date of purchase bill
2.Rate on the date of Bill Of entry

please clarify the matter soon

Hi
I need a write up for the fixed asset audit work done by us,as we have to report on.....
Physical identification contaning F.A. details, Location,User,Assets Specific details..
Financial Details contaning value,Invoice no.,classification/group,%dep.,purchase date,put to use date,
Capitilisation of assets
Impairment of assets
And all other relevent stuff related to the Fixed Assets Audit.

Dear sir/madam,
I m paying rent on vehicle & for building to same person but rent of building does not exceed 120000.00 but total rent including vehicle exceeds 300000.00 (vehicle rent 180000.00)
Should we deducte tds on total amt or only on vehicle rent.


Regards,
S.k.Sah

what is the difference between air freight expenses & air freight charges?

what is bill of lading?

i want to know the procedure of calculating tds on salary and can you please explain me with the help of example
Example should include each and every aspect

Dear sir/Madam,

Presently i m engaged in audit of export house and i want to know that the com sends free of cost sample and charging excise duty on it.How will be treated in accounts.

If it shows sales then in case of written of the balance attract any law to written off.
Please tell me.


S.K.Sah

I am very confused as in from where to study Audit from? My friends told me about many study materials like J.K.Shah notes, other prof. notes. But i think for a rank and to score good marks in Audit MODULE is best but the language is very diffiult in module?

what is the submission date of internal audit of all brokers to the exchange(nse, bse)