In Consolidation, minority interet is shown in th P & L Account and also in the Balance Sheet. Is this A/c a regular ledger account ( Lizbility) so that in the next year, th profit /loss attributable to Minority interest is added to /deducted from the opening Balance?

In Consolidation, minority interet is shown in th P & L Account and also in the Balance Sheet. Is this A/c a regular ledger account ( Lizbility) so that in the next year, th profit /loss attributable to Minority interest is added to /deducted from the opening Balance?

In Consolidation, minority interet is shown in th P & L Account and also in the Balance Sheet. Is this A/c a regular ledger account ( Lizbility) so that in the next year, th profit /loss attributable to Minority interest is added to /deducted from the opening Balance?

HAI PLZ EXPLAIN...........OUR CLIENT COMPNAY HAD DEDUCTED TDS RS.500000 AND PAID ONLY FOR 470000IN APRIL'08 FOR Q4. REMAINING 30000, THEY PAID MONTH OF MAY'08 IN QUARTER 1 INSTEAD OF QUARTER 4 OF FINANCIAL YEAR 07-08. AND THEY ISSUE FORM 16 A ALSO.IS THERE ANY WAY TO RECTIFY IT......PLZ GUIDE ME

Hi,
I join ICWAI inter. Please suggest best book for
1.Financial accounting
2.Commercial and Industrial law & Audit
3.Applied direct Taxation

Thanks

P VIJAYA KUMAR

Dear Sirs,

I am a PCC student. I have completed 18 months of articleship.My exams are due in november 2008. For some personal reasons i would like to terminate my articleship. I can join in any other CA firms only after January 2009 due to above said personal reasons. Now will i be eligible appear in PCC exams in November 2008, though i am not undergoing articleship. I was told that the principal has to sign in the exam application form. Kindly advice.

Upgradation of software expenses - whether it should be treated as Capital or revenue expenditure.

For instance whether expenses incurred in connection with upgradation from MS 2003 to MOS 2007 will be treated as capital or revenue.

Upgradation of software expenses - whether it should be treated as Capital or revenue expenditure.

For instance whether expenses incurred in connection with upgradation from MS 2003 to MOS 2007 will be treated as capital or revenue.

assessee has get short term capital gain 54lacs . what u/s exeption who donot tax paid he is interest investment piz suggestion.

Hi,friends could anybody tell me the difference between statement of affairs and balance sheet