why do bank give gestation period for housing loan? why dont they collect EMI immediately after sanction of loan???

Can you please provide an idea for revalutation of land.Can we use the municipility rate to revalue the land if it fall within the municipility area.Please provide the solution along with Journal entry and the treatment.

I need excel chart for calculation of monthly interest on cash credit account.Pls provide me. I have the same but not tallying with bank amount. i doubt there is some mistake in my calculation.Pls provide me.

Dear Sir,
Our Machinery got damaged in Accident. Its book value is 5 Lakhs, Insurance IDV is 7 Lakhs. So as Insurance Claim they have Paid us 4 Lakhs, for repairs to Machinery to get in working condition spent upto 4 Lakhs.
Pls tell me how to pass journal entry in the above case.

We are importing material from overseas countries. But there is no tracking about inward and its clearance upto payment and finally to book entry making exchange gain/loss.
Can one please give me excel chart containign whole preocedure of import from purcahse order to book entry. it should be like PO number, PO date, shipment date, lc open date, invoice date, invoice amt, rate in FC, qTY, LC Issue date, Bill of Entry number nad date, Conversion rate, amt in INR like wise.
As i am not familiar staep by step process of import i need this in excel to trak the container details.
Shall appreciate if one would help in the matter ASAP.

hello..
i passed my ipcc both groups in dis nov 13 attempt..
so can u tell me dat is it compulsory ffor me to register for final now??
i have already joined articles..
an if final admission is compulsory den wat is last date for registration because i don wanna lose a single attempt of me..
an if i register later will it get late for me to write my final exam??
do reply pls..

Sir

Has Company Secretary course lost its relevance.

i.e. there is no statutory requirement of Company Secretary in Pvt Sector

On the basis of skills, they can reach anywhere as like MBA's.

does that mean CS and MBA are equal.

Dheeraj Kumar

please help me to calculate tax/refund in below mention problem when return is revised u/s 148

for a.y. 2009-10
Original Return file u/s 139(1) on 30/11/2009
tds deducted 62883
self ass. tax paid-80494 on 03/03/2014
self ass. tax paid 27014 on 07/01/2010

salary income 610686
interest 16461
80c - 100000
80g - 22500

STCG on sale of land 104610( which is escaped) & not shown in original return
Refund Received
on 17/01/2011-12712
on 11/09/2013 - 27100
& also tell me when return revised u/s 148 then only escaped income is consider or whole income, which is already shown in original return

Dear Sir I have received salary of Rs. 234667/- for the fy 2012-13, but i am not deposited my return. I want deposit my return on today and show income of Rs. 234667 from Salary + 42000 Tuitions Income & Intt. from bank & Others Rs. 3000/- Total Income of Rs. 279667/- Deduction of Rs.80167/-u/s 80C(279667-80167=199500)Please guide me the this income are showing in ITD


Thanks

Sandeep Sharma

Sir/s, I have filed ITR for AY 2013-14 on 25th marchbbb. Tax due was also paid on the same date. Am I liable to pay interest on tax due? Is there any difference on the interest liability if I am a Senior Citizen?