I am working for an organisation and i have to visit clint places on behalf of my organisation.I usually spent conveyance exps. during visit which are reimbursed by my organisation to the extent incurred by me.Will this reimbursement will be added in my income or not?

Regards

Girish Kumar Mittal

I am working for an organisation and i have to visit clint places on behalf of my organisation.I usually spent conveyance exps. during visit which are reimbursed by my organisation to the extent incurred by me.Will this reimbursement will be added in my income or not?

Regards

Girish Kumar Mittal

Hello Friends
I like to know the procedure to form a private limited company....

Also inform from where i will get the standard format for MOA & AOA.

It will a Hospital.

Thanks

Foreign Technology Collaboration – Royalty Payment – Liberalisation
A.P. (DIR Series) Circular No.5 (July 21, 2003)

Foreign Technology Collaboration – Royalty Payment.
Payment under the automatic route.

As per the above Circular following condition is mentioned in point no.3

All cases of payment of royalty under the automatic route will continue to require prior
registration with Reserve Bank in terms of Rule 5 read with item 14 of Schedule III of the
Foreign Exchange Management (Current Account Transactions) Rules, 2000 as notified under the Notification No.G.S.R.381(E) dated May 3, 2000 of the Government of India.

We will be obliged if anybody can provide/guide to get the copy of Notification No.G.S.R.381(E) dated May 3, 2000 of the Government of India.

Thakns
Nitin

What is the method for accounting Preliminary Expenditure and amortization as per GAAP

Sir,
one of my client is doing f & o tdg. I would like to know f & o tdg is comes under stcg or business income.If the same is to be treated as business income then explain me throughly accounting entries or is there any farmat available.Can we maintain f & o in excel as we are doing in stcg.Pls explain by giving example.

regards,
Anjan S Mehta

We have deducted tds on professionals and paid to the dept. but subsequently we have recovered the amount paid to the consultant.what to do with tds deducted deducted and paid to the dept.

Company X has given an advance of USD 1000 for an import puchase (ex rate - Rs.40/USD) on 01.04.08. Later it received an invoice for USD 1000 on 01.05.08(ex rate - Rs.45/USD. For what INR the purchase should be accounted? Is there any foreign exchange gain/loss?

Company X pays an advance of USD 1000 on 01.04.2008 (Ex rate = Rs.40/USD)for import purchase. Later it received invoice from the seller for USD 1000 on 30.04.2008(Ex rate = Rs.45/USD).For what INR the purchase should be accounted in the books of X? Is there any foreign exchage gain/loss to be accounted?

Pl. Let me know about the latest development about the Financial Technetions to be recognised by the Institute of Chartered Accounts of India.