Expenses incurred on implementing ERP, what treatment is to be given? For this purpose following expenses are incurred.
Computer Hardware (servers etc.)
Computer software (payment of licence fees etc.)
Professional fees (payment to implementing agency)
How these expenses are to be treated in books of accounts, whether to claim as revene expenses or capitalise and claim depreciation.
If to be capitalised, please specify rate of depreciation both under cos act and income tax act.
Thanks,
I Have submitted FOrm-8
but the challan of payment got expired
What is the procedure to make payment
In case of Pvt Ltd. Company, if share application money is received in excess of authorised share capital, can it be shown as share application money below share capital and above Reserves &Surplus? or it should appear as current liabilites/ unsecured loans depending upon whether the amount will be refunded or captitalised after enhancement of authorised share capital.
Dear all,
I have a doubt about one of the applicable rule of CARO. Whether the Company does not have loan outstanding exceeding 25 lakh
rupees from any bank or financial institution, at any point of time during
the year?
then CARO is not applicable to the company.
so my doubt is the loan amount outstanding of Rs.25 lakh from one bank or financial institute or from all the banks or financial institutes please resolve my question.
thank you.
reg. vamsi
Hi,
My query is "Can a joint venture (btw 2 indian companies) directly/indirectlt hold shares of either or both parent companies ? "
Thanks in advance
Sir,
I had filed form 5 for increase in authorised capital through an extra ordinary resolution without filing form 23.
unfortunately the form 5 was declared invalid & so not recorded without any resubmission option.
for this form we paid Rs. 20000.00 which was not refunded to us till now.
the authorised capital was increased from 5lacs to 15 lacs.
Around 45 days have passed without any action. Please suggest me the procedure for further proccedings.
I would like to know as per Companies Act how many director should signed DR ?????
hi,
My query is that in case of limited company, if any Whole Time director has crossed his age above 70 years then is there any need to file form 32 regarding his retirement of such director from his post of Whole Time Director.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
expenses to be written off