for F.Y 2012-13

In a private limited Company.there is fixed assets as...below
depreciation was being made since 2009

Mobile of Rs.1442/-on 31.03.2013
Air Condition of Rs.7480/- on 31.03.2013

No depreciation has been made on 31.03.2013

Now I want to dispose theses assets..please tell me what effect to show in balance shee and how..regards

A Doctor maintaining his accounts in cash basis. He purchased some medicines for his patients and he paid portion of the purchase bills only. Can he take full value of the purchase bills (including unpaid bills)to purchase or not.

Which Conditin balances W/off or W/back,plase define prosiger

If the qts. says if a share of rs. 100 is converted into a share of rs. 25 during the process of reconstructon , is dis a case of subdivision of shares or reduction in face value ?

what is the proper designation should be given to an employee who is company secretary inter pass and working as a compliance officer in a listed company having paid up capital of 3cr.

I WANT TO KNOW WHICH SET OFF IS AS PER RULE & CAN POSSIBLE TO DO..?

QUE. - FIND SET OF FOR AY 2012-13, -- iNDIVIDUAL HAVE SPECULATION LOSS C/F FOR AY 2011-12.RS.600000/-

INCOME OF AY 2012-13 IS INTEREST RS.3300000/- , SPECULATION INCOME RS.700000/-, BUSINESS LOSS INCULDING (INTEREST PAID OF RS.2900000/-) RS. 3100000/-

WHICH ANSWER IS CORRECT

OPTION 1 - SPECULATION INCOME 700000 - SETOFF LOSS OF AY 2011-12 RS.600000/- = NET 1000000/-

& INTEREST INCOME 3300000/-- CURRENT YEAR BUSINESS LOSS SETOFF rS.3100000/- = NET 200000/-

OPTION -2, SPECULATION PROFIT 700000 - CURRENT YEAR BUSINESS LOSS SETOFF UP TO rS.700000 = NET niL

& INTEREST INCOME 3300000/-- CURRENT YEAR BUSINESS LOSS SETOFF rS.2400000(31-7)/-= NET 900000/- & LOSS OF SPECULATION OF AY 2011-12 600000/- TO BE C/F



OPTION -3, INTEREST INCOME RS. 3300000- INTERST EXPS. RS.2900000= NET INTEREST 400000

BUSINESS LOSS 3100000- INTEREST EXS.2900000= 200000 NET BUSINESS LOSS

INTEREST 400000 = NET INTEREST INCOME 400000

SPECULATION PROFIT RS.700000/- - CY. BUSINESS LOSS SET OFF 200000- PY SPECULATION LOSS RS. UP TO 500000= NET NIL & LOSS OF SPECULATION AY 2011-12 CF RS.100000.

I WANT TO KNOW THAT FROM WHICH DATE " COMMODITY TRANSACTION " IS CONSIDER AS BUSINESS TRANSACTION ????????????



ALSO WANT TO KNOW THAT " COMMODITY TRANSACTION TAX " IS CONSIDER AS BUSINESS EXPENCES AND ALLOWED TO BE AS BUSINESS EXPENCES FROM WHICH DATE ??

Dear Sir I have registered for article-ship training under direct entry scheme during the month of January 2013, yet i have not received the letter for completion of registration nor any acknowledgement for the same...
pls help

1.Actually sir our company have turnover rs. 30 crore, loan is 15 crore and total 10 employee, is as 15 applicable on our company?
2.If as 15 applicable then for provision of gratuity, leave encashment etc. actuarial valuation repot required, if yes then in what format large or short?

Hi

As on 30th March 2013, in our bank account there was balance of Rs. 500000/- and on 31st we have issued cheque of Rs. 700000/- So as on March 31, 2013 there was an negative balance in our books of Rs. 200000/-

What will treatment of Negative balance of Rs. 200000/- in Balance Sheet as per Revised Schedule VI

thanks