what is the meaning of FIRC payment?

FOR PLANT & MACHINERY & BUILDING IS REVALUED AND CRADITED THE DIFFERENCE AS REVALUATION RESERVE IN THE BALANCE SHEET. NEXT YEAR WHEN DEPRECIATION IS CHARGED ON ASSETS HOW THIS IS TO BE TREATED?

(1) TOTAL DEPRECIATION TO BE CHARGED TO P&L A/C ON NEW VALUE OR
(2) THIS IS TO BE DIVIDE IN TWO (A) ACTUAL DEPRECIATION TO BE CHARGED TO P&L a/C AND ON THE RE VALUATION DEPRECIATION TO BE REDUCED FROM THE REVALUATION RESERVE EVERY YEAR AS PER THE % OF THE EACH ASSET.

PLS CNFM AS PER IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS)

FOR PLANT & MACHINERY & BUILDING IS REVALUED AND CRADITED THE DIFFERENCE AS REVALUATION RESERVE IN THE BALANCE SHEET. NEXT YEAR WHEN DEPRECIATION IS CHARGED ON ASSETS HOW THIS IS TO BE TREATED?

(1) TOTAL DEPRECIATION TO BE CHARGED TO P&L A/C ON NEW VALUE OR
(2) THIS IS TO BE DIVIDE IN TWO (A) ACTUAL DEPRECIATION TO BE CHARGED TO P&L a/C AND ON THE RE VALUATION DEPRECIATION TO BE REDUCED FROM THE REVALUATION RESERVE EVERY YEAR AS PER THE % OF THE EACH ASSET.

PLS CNFM AS PER IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS)

Please tell me that remibursement of Travelling exp. to a Limited Company Service tax to be charged or not on Travelling Exp. remibursement please give me advice supporting with case laws & sec.

Hi,
One of our client had made FBT Advance Tax payment (E Payment)for Assessment Year 2009-10 (II Qtr). While making the payment, by mistake Type of Payment had been selected Self Assessment Tax (300) instead of Advance Tax (100) & Bank had debited the same amt for Payment.
Pls suggest is there any option to rectify the same & whether it would be allowed as FBT Advance Tax payment for AY 09-10?.

could u please provide a guideline on
How to study for the PCC Examination?
How much time to devote on each subject?

Hai,
I am Muthurajan, I belongs to sivakasi I completed my CA PE-2 during Nov 2007, Due to continuation of B.Com degree i am unable to put articleship immediately.My articleship period commences from May 26, 2008 in chennai.My registeration letter states that i have to appear during the last six months of trainnig,Some friends told me that as we are through pe2 scheme we are able to write the exam after two years.I will be more happy if some on helps me to find the exact attempt date for me, so that i can plan accordingly.

For whom it is mandatory to file ITR?

SIR/MADAM

MY QUERY IS AS FOLLOWS:

A PROFESSIONAL PARTNER'S CAPITAL ACCOUNT CREDITED WITH RS. 30 LACS AS HIS REMUNATION, RS 2 LACS AS INTEREST ON CAPITAL AND SHARE OF PROFIT OF RS. 3LACS.
THE DISALLOW PORTION OF THIS PARTNER'S REMUNATION IN FIRM'S ACCOUNT WAS RS. 14 LACS.

MY QUERY IS THIS PARTNERS ACCOUNT IS COMES UNDER THE TAX AUDIT OR NOT ?

the applicbilty of accounting standards for enterprises has been done on basis of three levels.does those three levels i.e:-Level 1,level 2,Level 3, classification include companies.Is As-20,As-22 applicable to enterprises.The query is whether the companies are included in the three level classification or not.