if long term investments are made in mutual funds, at what amount it will be carried in books.
bcoz as per AS15 long term investments are carried at cost whereas it is difficult to identify cost in case of mutual funds.
whether it is correct to show mutual funds at NAV as on the date of balance sheet with what reason.

if any money has been given for purchase of shares but the allotment is still pending, how it will be treated in our books?
whether it will be shown under investments since we have paid money for that or will it be shown as advance since allotment is pending.

If there is import of fixed assets & such fixed assets are lying in bonded warehouse.
how such assets will be treated in books of accounts?
whether such assets will be shown as fixed assets since risk & reward are transferred by vendor.
what about depreciation as per income tax act & companies act.

1) Is it mandatary to Give notes to accounts seply,
2) if one does not provide notes to accounts seply and the same is reflected in the directors report is it ok

HAS TCS TO BE COLLECTED FOR SALE OF OLD ARTICLES IN CONCERN (PARTNERSHIP) IF YES ,THEN LIMIT ? SAY AMT RS 50,000/-

I have been registered as an article with effect from 17-02-2006. then i took transfer & re registered with delays of 4-5 days. then i got termination w.e.f. 30-6-2008 but re registered w.e.f. 7-8-2008. i have recd registration confirmation letter from Institute mentioning that my articleship is pending for 7 months & 24 days & it also states that i had taken excess leaves of 20 days. at the time of submitting form i mentioned 16-02-2009 as the date on which my articleship is due to be completed.
so could u tell me when i hav to apply for extension & for how many days - whether for 20 days or how much period i hav to serve after 16-2-2009.
Please give me the source from where i can confirm.
Thanking you.

I have been registered as an article with effect from 17-02-2006. then i took transfer & re registered with delays of 4-5 days. then i got termination w.e.f. 30-6-2008 but re registered w.e.f. 7-8-2008. i have recd registration confirmation letter from Institute mentioning that my articleship is pending for 7 months & 24 days & it also states that i had taken excess leaves of 20 days. at the time of submitting form i mentioned 16-02-2009 as the date on which my articleship is due to be completed.
so could u tell me when i hav to apply for extension & for how many days - whether for 20 days or how much period i hav to serve after 16-2-2009.
Please give me the source from where i can confirm.
Thanking you.

Sir is Meant By ISBN

MY BROTHER BOOKED A FLAT TWO YEAR AGO IN UNDER CONSTRUCTION BLDG. CONSTRUCTION WORK WAS NOT STARTED THAT TIME. IT HAS 6 FLATS AND 2 SHOPS. CONSTRUCTION IS COMPLETED NOW. BUILDERS IS NOW ASKING FOR 5% VAT AND 4.5% SERVICE TAX ON AGREEMENT VALUE. CANT WE TAKE POSSESSION WITHOUT PAYING THIS AMOUNT AS WE WERE NOT AWARE ABOUT THIS AT THE TIME OF BOOKING FLAT AND MAKING AGRREEMENT. PLS TELL ME IS HE RIGHT

While filling the Form 32 at the time of incorporation of Pvt. co., one of the director is non-executive, now what is the procedure to make executive director ?