kindly plz advice me How the Steps to be Finalisation Of Accounts or means in Actually Care For doing Finalisation

If one Company has taken some amount from a Bank as Term Loan and repays certain amount as per the agreement in a particular financial year. Let's take the company has owed Rs. 50 Cr and has in the agreement to pay 5 Cr each year for 10 years (5X10 = 50 Cr.) + Interest as per the prevailing rate.

My question is that while preparing the final account on 31 of March can we show the repayment amount (Rs. 5 Cr.) for the particular year and interest amount as the expense of the particular year on Profit and debit that amount to the profit and Loss Account or is there any restriction over it ??

Is there any such other expenses of this type where treatment has some sort of ambiguity then plz make me know.

Thanks.

PLEASE TELL ME ABOUT INTERNATIONAL ACCOUNTING AND US GAPP.

My Id:rakes2004@gmail.com

Can anyone tell me is there any announcement by Mr Uttam Prakash Agrawal of reducing percentage of result or making strict results in June 2009 attempt?pls reply i'm worried.This is my 2nd attempt of C.A Final

A PERSON GOT MARRIED AROUND 50YRS AGO. HE NEVER FILED RETURN AS HUF. HE APPLIED FOR PAN AND RECEIVED IT IN FEBUARY 2009. CAN THIS HUF SHOW HIS BASIC CAPITAL FOR LAST 50 YRSOR NOT. IF YES HOW PLZ EXPLAIN IN DETAIL

DEER SIR, I WANT TO KNOW HOW MANY NO. OF TRANSFER CAN BE TAKEN BY ARTICLE DURING THE PERIOD OF TRAINING
AND ALSO KNOW THAT I HAVE SUBMITTED FORM NO 109ON 22-04-09(TRANSFER DATE 26-03-09 IN DELHI)
CAN I SUBMIT FORM NO 103 IN DELHI AFTER 30-04-09

Whether one will get basic exemption limit in respect of every particular service it provides
or
If a Co is registered once under service tax for a particular service, then he is liable for every new service that it provides irrespective of the amt that it collects in respect of new service i.e. even if it collects Rs100/- for new service.

Mine particular problem
A transport Co providing taxable transport service in excess of RS 7Lac and registered under Transport of goods by road. If the same co. receives Rs 500 or so towards Rent or CNF, then whether it is required to get registered for the other two services also or it will get some initial exemption limit in respect of the two new services.

Pls Advice

A gym owner has its 2 branches in same city one is about 7 yrs old and another was established in Feb 09 only.

Owner wants loan on the new one ,Can he get that without taking referrence of old gym?

When owner approahed bank for loan,he got awared about submitting last three yrs B/S and projected B/S for upcoming 3 yrs.

My query is that can i make balance sheet on the same basis as that of his old gym or to show his projected income less than the older gym in projected B/S new gym.

What to do ......

Please do reply

any one please give the ca final auditing amendements applicable for june 2009

What precautions are to be taken when defining capital or revenue expenditure?
and please also suggest how to prove it ?