Aditi

What is exactly the difference between "Risk" & "Exposure"???


CA skmnair
12 June 2008 at 19:42

115JB CALCULATION

COMPANY STARTED 2 YEARS BACK,FROM 1st YEAR DEPRECIATION CARRY FORWARD IS 100000/- BROUGHT FORWARD BUSINESS LOSS-NIL. 2nd YEAR BUSINESS LOSS 200000/- ACCUMULATED DEPRECIATION LOSS 180000/- MY QUESTION IS WHETHER CURRENT YEAR WHILE APPLYING MAT ACCUMULATED LOSS OR DEPRECIATION BROUGHT FORWARD FROM PREVIOUS YEARS WHICH EVER LESS CAN BE DEDUCT TO CALCULATE BOOK PROFIT OR WHETHER WE NEED TO CONSIDER EACH YEAR SEPERATLY(PREVIOUS YEARS MAT NOT FOLLOWED)


GAURAV MALIK
12 June 2008 at 19:15

company law

what is the detailed procedure of increasing the authorized capital of the private company?


Ajay Gumbar
12 June 2008 at 18:56

Abbreviation - GAR7

What is the full form of GAR7 ??


Sathyanarayana G
12 June 2008 at 18:33

Issue of Form 16

How can we issue single Form 16 to employees where their TDS is made at branch and head office with different TAN and single PAN? Can you tell the provisions as per IT Sct, 1961?


Bhargav
12 June 2008 at 18:28

query related to AS-6

Hello,

one public limited company wants to provide depreciation by different methods
on different assets.

Auditor also allows the same.

I have got doubt from the same.

AS-6 says that combination of methods
may be used for depreciation.

So, it can be interpreted in two senses
viz...
1) that different methods for different
assets say for example, SLM for plant
and WDV for vehicle.etc...
2) that a combination of two methods may
be used say for example a new method
may be adopted such as it would be decided
to depreciate the asset on some other
method or by combining the effect of
different depreciaion methods.

plz suggest, how to interprete the lines
of AS-6 as given above.


Sathyanarayana G
12 June 2008 at 18:27

PAN Number for ETDS returns

85% of PAN number is required to file etds return on salary. Is it possible to file the return with dummy PAN like DDDPD9999D and revise the return after obtaining correct PAN? What is the time limit for filing revised edts return?


c.a.sriharsh shukla

a Pvt.LTD co. whose business as per MOA is to hire and purchase assets it makes a transaction in the comodity market in the nature of intra day transaction and makes profit therefrom and disclosed it as other income in their P/L Ac.
it is to be noted that no approval yet has been taken ofthe BOD but that will be obtained.

plz guide whether the transaction is valid and whether the treatment thereon done is valid or not


aditya
12 June 2008 at 17:25

G/w as per AS-14 & AS-26

If there is a amalgmation or merger, And liquidating co alreadily have G/w as per AS-26 (Deliberate G/w), further liquidating co also have Capital reserve then
1.can v adjest this G/w and capital reserve against one another?
2. G/w rised thou amalagamation as per AS-14,now there are two G/w in the new amalgmated co.(one as per AS-26 & another as per AS-14), out of both which G/w can be adjest against capital reserve?


ravi agarwal
12 June 2008 at 17:17

unsecured loan treatment

Loan given to a company by its director's father(Say X) few years ago..
In the year 2005, X died.
No legal hier of X has claimed the amount due to company till date.
please suggest me the appropriate treatment for the same.






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