We have a company in which production has not been started yet.where we should include the creditors for cement,bricks,creditors for making the foundation for machinery etc. according to sch vi(R)?whether it should be included in trade payable or in other creditors??

Sir,
I have purchased a new car for my business in september 2013. I have paid car company as per their invoice value. The Road tax, Municipal tax (both life time) & insurance separately.

My query is whether i can debit the amount of Road tax, Municipal tax to my P & L a/c or includes the same in Total car value & claim depreciation @ 15% on that. Please advise looking to current I.Tax law & rules.

Advise by reply will be highly appreciated.

If business having turnover RS 2000000

and showing 8 % profit = 160000

audit is not compulsory ?

and books of accounts is also not require ?

if firm incurring losses than same rule will apply on it or not ?

Gud Afternoon Experts,
Is this is correct that service tax on hotel and restaurent will be exempted upto 31.3.2014.

A private company has paid dividend from its current account instead from a seperate account? what are its effect?how ow to deal with this situation?

Dear Freinds
if Balance sheet shows share cap Rs. 100,00,00,000. Qty 1,00,00,000 at the FV of 10/- per share and
Share premium Rs. 450/- per share of Rs. 1,00,00,000 = 4,50,00,00,000

the Market price of Stock is Rs. 2100/-

now i want to know whether the Price movement in Stock Market does affect the Stock price in Balance Sheet

what is the benefit of Share price which is high in the Market

Dear Sir,

My Companny is a joint venture company between an indian partner holding 26% and Anerican Company holding 74%

Now my company wants to import a simulator worth 1 crore which the company want to gift to a hospital. The cost of simulator will be born by american company and the cost of custom will be born by indian company.

My concern is that if we import this simulator it will first become the property of indian company and do we need to increase capital???? and this will have negative impact to indian partner holding 26???

Plz Advise

hello i have need to help . one of the my client have still vasan business in propritor ship but now he decide to start business in patnership firm...then what about ded stock of that firm and fixed asset how to trf in patnership firm...
i have to need full information regarding
that problem
pls reply

thaking yours

kamlesh joshi

Dear Sir,
Is charging Depreciation mandatory in case of company having loss for the current year?

How we can present in notes to the Account?


Whethe there is any provision not to charge depreciation in case of Loss Company & make a disclosure in Notes to the account?


Thanks

govt. when onwards single director is applicable plse