Whether set off is available on following items
The items are debited to profit & loss a/c
1) Staff Welfare
2) Maintenacnce of Office Equipments
3) Office Maintenance
4) Printing & Stationery

The above items and similar expenses head may exists in p&l a/c which are not directly related to sale of products.

Whether set off will be available on these items?

Hello Everybody,
I have a query regarding Depreciation in case of a Co. The co. did not charge Depreciation in the year 2006-07 on new addition to Plant & Machinery. How to calculate the Depreciation for 2007-08 ?

Is it necessary to charge Depreciation for 2006-07? What is the recourse in this case.

Hi,

I justed wanted to know about any correspondance IFRS course which have good value and knowledge.

I only can attend the classes on Sunday in Delhi as i am working

Thanking you in anticipation

Can an indian company take a loan of Rs 5 crores from an american national? Could you please provide me the procedures. The money to be taken is in Indian currency.

i have given ca final exam in last attempt and i already cleared cs final. now i want to go for 9 months industrial training. but some of ca final papers not gone well. I want to know that in case of negative result shall i get sufficient leave for exam between training.

are there any good vacancies in mumbai for industrial training.

A MAN PROVIDING THE SERVICES OF JOB WORK SINCE JULY-2007. AT THE TIME OF REGN OF SERVICE TAX HE SELECET THE SERVICE OF MAN POWER SERVICES IN FORM ST-1. NOW HE WANT TO CORRECT THE REGN. WHAT IS PROCEDURE ?. WHAT IS THE PENALTY OR IMPLICATION UNDER ACT ?. FURTHER HE HAS NOT FILED ANY SERVICE TAX RETURN.

Adjustment:A and B cos are going to get amalgamated,to form AB Ltd, there is a contingent liability in the books of A Ltd;worth Rs 60,000.The question is asking us to treat this as a actual exsisting Liability .How do we account this in the books of A Ltd;and also in the books of AB Ltd.

Hi friends how u all are.
acha listen yesterday i recd a mail that institute has declared that no one could take transfer from one firm to another firm.and coaching time also restricts to 9.30 to 5.00 now i want to ask if that circular will implemented than wha will happen to our future yaar unka time alag tha aaj ke time pe bina coaching ke ca pass karna bahut tough hai.institute ko yeeh pata hona chahiye ki har kisi ko achi firm nai milti bhala koi uss firm mein kam kyon karega jisme use kaam karne ka mann nahi hai.har baar article ko hi exploit kia jata hai bhala principal ko hi kyon undue advantage milti hai.

Sales booking in one financial year and VAT paid on same,but TDS deducted by client in corresponding financial year. where to utilise that TDS certificate? In the year of sale on in the year of payment.

Hai every body,

I am kalpana, I want to know the exact terms and conditions of Letter of credit, how many members involve in that and how will be procedure and details of that.

Please provide me the details,

thanking you