Kapil Sharma

Hi, Everybody.
My query is, a firm had been dissolved, and partner of firm want to know that the capital assets of the firm is divided between partner in which ratio? partner ship deed is silent in this regard.
One of them said in Profit sharing ratio,
and other said in capital ratio.
Plz solve this.
Thanks in advance.

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K R Ramesh
19 March 2010 at 09:49

Capitalisation

We have purchased extra monitors for few existing computers for convenience on looking/monitoring multiple sheets.

What should be the treatment done for these items in the books of accounts ?

Do we need to capitalise it ? If you look at a standalone basis these monitors cannot perform any function indepedenlty. What should be the correct treatment as per Accounting Standard /Law?

Please advice

Many thanks in advance

Regards

Ramesh

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avinash bisht
18 March 2010 at 16:16

due date

what if the due date of filing any return (especially excise) is sunday? is next day to it vl be the due date or the day before sunday vl be the due date?

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Senthil
18 March 2010 at 12:43

Service Tax Credit

Respected sirs, window and door installation charges for new office is eligible for Credit or not. pls help me on this regard.

thanks
M.Senthilkumar
999 44 755 95
nithyveni@gmail.com

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jitesh
18 March 2010 at 11:19

Board meeting imapct on audit

Dear sir/seniors

Can u plz suggest me the impact of a board meeting in the said case

1. The name of the director appears on board meeting but the same director at the same time was out of india.
Actually in most of the small companies board meetings are conducted in a paper only no actual BM conducts by them.
I came across the situation where i found that one of their directors name appeared in the board meeting but the same director was out of india.
As a auditor what is my responsibility under-
1. CARO
2. Cos Act
3. SEBI
4. any other statute/act

your answers must be supported with evidence with reference to act

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Paramjeet Singh
17 March 2010 at 21:58

E-filing of IT Return.

Whenever I try to upload an xml file, the system at e-filing site displays the message "PLEASE SELECT PROPER XML FOR PROCESSING". I tried so many times and it always returned the same message. Can any body help me to solve this problem.

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Anonymous
17 March 2010 at 19:50

Education Cess on tds

No Education Cess on TDS is w.e.f 01.04.2009 or 01.10.2009?

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sona
17 March 2010 at 19:01

ACCOUNTING STANDARDS

DEAR ALL,
I HAVE A QUERY RELATED TO AS 16(BORROWING COST). I WANT TO KNOW ABOUT THE EXTENDED PERIOD OF QUALIFYING ASSET IN RELATION TO WHICH THE BORROWING COST IS CAPITALIZED. WHEN WE NEED TO LOOK AT THE REASONS FOR DELAY IN DEVELOPMENTAL ACTIVITIES.AND IN which case we have to suspend the capitalization?

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nikhil bapat

Hello friedns

I need ur opinion on the following matter :

A listed company has invested in a partnership firm as a partner. The capital account of the Company in the books of the Firm shows an overdrawn balance as at the date of balance sheet of the Company.
What would be the appropriate disclosure in the Company's balance sheet as per Sch VI?

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deepak
16 March 2010 at 21:36

intt. on income tax

How To Calculate Interest U/s 234-A,B & C On income Tax. Kindly Explain??????????

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