I have a query regarding depreciation of a company which was incorporated before 1980, it is very difficult to find information of assets date of purchase from 1980's. however useful life of such assets has been completed. so how can we account these assets as per companies act 2013 without confirmed date of purchase.

how to test the payroll cost for the trust

"Ind AS 115 does not apply to "Non monetary exchanges between entities in the same line of business to facilitate sales to customers or potential customers."

Please explain.

As per my understanding:

Statutory audit is divided into:
1. Tax audit
2. Company audit

The last date for filling tax audit report is normally September 30th of the AY.
But, the company audit which is mandatory for all companies under respective Companies' Act , what is its last date?

Please guide.

What is the due date for filing of ITR of Companies and society for AY 2016-17, whose gross receipts are less than Rs 1 crore or Rs 25 lakhs? Is the extension till 17 oct 2016 applicable to them also or is it applicable to only those companies firms & societies which are coming u/s 44AB?

SIR/MADAM,
HOW MANY TAX AUDIT A INDIVIDUAL CA CAN TAKE IN THE F.Y. 2013-13
IN WHICH HOW MANY COMPANY HE CAN TAKE

I am working as SDA in Internal Audit Section from past 9 years but till today I am not been promoted in spite of complication of MBA still I am working very hard to get promotion so please suggest to improve my future

hello,
Pension received from govt credited in capital a/c directly then where to show in 3cd reporting
in clause 16(d)?

agriculture Income credited in capital a/c should we shown in clause 16(d)??
plz reply as soon as poss.
thanks in advance

Hai ! I do have a query regarding companies depreciation,
Assume if a asset useful life is 3 years and depreciation on such was accumulated for 5 yrs, then what is the accounting for excess depreciation charged ( i.e; WDV is less than Residual value in current situation)??????

A manufacturing company has a solar power plant in the same state. Units generated by the solar plant are deducted from the units consumed by mfg activity and the net units are billed by the Electricity co. The company calculates the Electricity bill (including Electricity duty)without considering the deduction of solar units & the said (gross)amount is debited to power charges. The diff. between net bill & gross bill is recognised as income from solar plant. Usual accounting is done on net of taxes basis. Is it correct?