If Closing stock is showing shares which are not available. The company says they are lost - were Very old amounting to Rs. 48000 - can they be written off or what should be the treatment? Pls advice.

Weather Cost accounting record rules applicable to Amul India that is gujarat cooperative milk marketing fedATION LTD..
they have to keep the record of costing or file the compliance report ??? expert please help

Hello Experts,
My product falls under chapter heading 3006 i.e. surgical sutures. Sectors which are subject to Cost audit, as given in MCA notification, do not include surgical equipments. neither does it include chapter heading 3006. Net worth, turnover are crossing the given limits as per give criteria.
I want to verify the applicability of cost audit for our organistaion.
Please advice
Reg
Dhananjay Jadhav

can a inverter be purchased for csh exceeding 20000

One of our co has been establis in 1989, now we want to written off the assets block of plant & machinery from gross block,, and also the accumulated depreciation on that assets ,,now my query is wat adjustment to be done on the difference amount of ASSET W.OFF AND ACCUMULATED DEPRECIATION ON THAT,,.. iTS A pVT LTD CO

There are computers obtained on Government Grants and they have not been shown in their Balance Sheet at a nominal rate nor they are taken into P&L A/c as they are depreciable asstes.
So my point is that whether to now include it as a asset or do some other treatment.
Plz help me with detailed explanation of AS-12

THE EXCISE DUTY TO BE SHOWN DEDUCTED FROM SALES IS ONLY THE DUTY PAYABLE ON SALES OR THE DUTY ACTUALY PAID AFTER TAKING THE CENVAT CREDIT ?

the auditor in the firm says since it is used for transport purposes it is exempt from tax till 35000

Dear sir,

Goods Delivery chalan prepared in august 2012 but payment and invoice made in september 2012 . In this case the transaction is correct or not and the vat paid in september 2012 is it correct or not

How to study SAs in auditing, Does all of it need to learnt up..?? , There are lot many of it..