Audit QnA [Resolved] - Page No 404

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survesh

This Query has 4 replies

18 January 2011 at 10:50

machine imported

Dear Sir,

A Propritor has purchased (Import)Mould Machine

He Has Received CHA Bills & Remb Expenses Bills

Please Say Me What should be Capitalized.
Commercial Invoice Value 30 Lakhs
Custom Duty 6 Lakhs
Cha Expenses 1 Lakhs

Prop Has received Bill of Entry.Please say should Bill of Entry Value & Invoice Value be same.what are the points to be consider while passing the fixasset entry.
Proforma Invoice is ok or Commercial Invoice is needed.
The Prop pays Vat,Service tax,Income tax can he take any benefit in above taxation

on invoice the machine value is in USD Currency.IS USD to be converted in RS.and account.

Please Guide me.
Entry for Accounts.

Anonymous

This Query has 1 replies

17 January 2011 at 21:29

internal audit

what is p to p approach i.e. procurement to payment approach in internal audit?

Anonymous

This Query has 3 replies

17 January 2011 at 15:22

Fixed Assets

Purchase of UPS should be capitalised under fixed assets or not?

pradeep

This Query has 2 replies

17 January 2011 at 12:40

export

What is Demurrage charges ? why it is incurred ?

Anonymous

This Query has 2 replies

15 January 2011 at 20:21

differance between proforma invoice and tax invoice

dear sir,
i want to know what is the differance between proforma invoice and tax invoice,
yours truely,
vrujesh

Amit Kumar Rathore

This Query has 1 replies

15 January 2011 at 17:45

question

Dear Sir

what is the statutory Compliance ? and what is the difference between statutory Compliance & Statutory reports

pradeep

This Query has 1 replies

15 January 2011 at 13:17

export

What is SSR charges ?

What is CBS charges ?

What is ISPS Charges ?

pradeep

This Query has 2 replies

15 January 2011 at 12:47

Export

1) What is THC charges ? and why it is incurred?
2) What is repo charges ?
3) What is MOT charges ?

Sandeep

This Query has 5 replies

14 January 2011 at 20:21

service tax

whether any service tax is applicable on private hospitals?

safi

This Query has 2 replies

14 January 2011 at 14:38

auditing

when the auditing of a school from C.A. BECOME COMPULSORY. IS THERE ANY INCOME LIMIT.
ie after exceeding such limit it is compulsory to audit the account book school from a C.A.