what we have to do for the opening balance in the share application money pending allotment A/C as per the companies act 2013.

Respected Sir,
\I am working in pvt. ltd. co. we have a motor cycle purchased in june 2013 worth rs. 45000/-

but in feb2014 motor cycle stolen.
we have lodged f.i.r.
what is the journal entry for loss of theft & insurance claim.
with depreciation if rate of dep. is 10 %

Dear Experts Please tell me Under which Sections ITR can be filed like ITRU/S44AD,ITR U/s139 etc. please explain me these sections .

E mail-nk96093@gmail.com

Dear sir, i have completed articlship 7months and 9 days. now i will continue my articleship in another office from 1st may 2014. wud u tell me that how much months remain of articleship and when i will eligible for ca final exam.i started my articleship from 9 sept. 2013....

respected sir / madame
i am preparing the accounts of a hospital named kapoor hospital. problem here is this that the prop. of the hospital dr .dinesh kapoor make the payment of self assestment tax for hospital through his personal saving account. side by side i am preparing his personal accounts also.
so i jst want to know what will be the accounting treatment in the capital account of dinesh kapoor (under kapoor hospital) and capital account of dinesh kapoor (under his personal accounts)

please reply as soon as possible

thanking you

Experts,
The entry of Purchases is:
purchases dr.100
to creditor 100

AT the Time of Payment:
Creditor a/c dr.100
to bank a/c 90
to Tds A/c 10


Is this entry is also correct:
Purchases dr.100
to creditor 90
to tds payable 10


at the time of payment

Creditor a/c dr. 90
to bank a/c 90



Please explain which entry is appropriate as both gives same impact OR any other reasons.

Experts,

There is a co-operative society, and there is no property in the name of the society, it only collects maintenance charges from the members and takes care of all maintenance etc. expenses.

It spends big amount on building repair (main gate of society, parking area etc.) of Rs.3,00,000 (3 lacs) and on bird net Rs.50,000.

My question is, should this expenditure be treated as revenue exp. or it should be capitalized.

According to my view it should not be capitalized, as there is no fixed asset in the name of the society.

Please reply.


Thanks in advance.

Dear Sir/Madam,
I am In direct entry scheme. I am in 1st year of articleship. My 1st year of articleship is completed on november 2014. and i am not compeleted my GMCS 1. and my IPCC attamp is on nov 2014 and thers no batch available for GMCS its almost full. And if i am comeleted GMCS after 1st year of articleship So what will be the cause?? please tell me.

a CA doing job can he also be a director of a company

I HAVE LET OUT TWO WAREHOUSE TO APMC COMMITTE FOR RS 2 LAKHS EACH TO STORE MAIZE I WISH TO WHETHER I SHOULD COLLECT SERVICE TAX ON RENT PAID BY APMC COMMITTE APMC STANDS FOR AGRICULTURAL PRODUCE MARKETING COMMITTEE ESTABLISHED UNDER A ACT OF KARNATAKA TO PROCTECT THE INTEREST OF FARMERS. IT MAIN DUTY IS TO PROCURE REGULATE AND STORE AGRICULTURAL COMMIDITY LIKE PADDY MAIZE WHEAT ETC