WHAT IS THE SEALED CONTRACT?

WHAT IS THE SEALED CONTRACT?

I am having a CA office in a residential house taken on rent. The municiple authorities are objecting it as residential place used for commercial purpose. Is CA office place can be classified as commercial or residential for the purpose of electricity, water, municiple tax and shops and establishment act?

Pl let me know the basic diff between
1.Hire Pirchase and Instalments System
2.Cash Flow & Fund Flow staement

We have filled a Arbitration case. Arbitration bench was sitted in a private place and they charged some amount for accomodation and it was paid by us. In this regard i want to know that under what head this amount should be debited. Please advise.

Thanks

Hi,

In cash flow statement of parent company(stand-alone), the company has advanced loans/advances i)to its subsidiary and ii) to its jointly controlled entity.

Under which head should it (i & ii above) be reported (in stand alone CashFlow statement)-- is it financing activity / investing activity / operating activity

While seeing the Balance Sheets of few reputed listed companies ( stand -alone only), I found that one has shown it under "Investing activity " and the other under " Financing activity" . Iam confused.

Plz clarify my doubt. Urgent

Hi,

Where shall loans/advances given to Joint ventures be disclosed in the stand -alone Balance Sheet

1) Loan to Jointly controlled entity @ 10% -- As per AS 27 shall it be disclosed under "Current Assets, Loans & Advances" or is it under "Investments" head.

2) Advances to JV Jointly controlled entity --- is it disclosed under under "Current Assets, Loans & Advances" or is it under "Investments" head.

Plz elaborate as per AS 27

How are the above disclosed in sttand-alone balance sheet of the parent company?

as iam company, i am claiming depr as per compan act 100% every Year, But as per IT i didn't Claim ,now i realised we can claim as per IT also,whether can i Claim for Previous years also OR only for Current Year.pls SHOW PATH,thnks.

as iam company, i am claiming depr as per compan act 100% every Year, But as per IT i didn't Claim ,now i realised we can claim as per IT also,whether can i Claim for Previous years also OR only for Current Year.pls SHOW PATH,thnks.

A Compnay have number of branch in India and also in Gujarat.Is it possibale that all mfg.& purchase will done by respective branch and sales will book in main book .i.e Head office book.