Is there any rule or guidline which says that if actual cost of an asset is less than Rs 5000 than it shud be charged to P & L Account instead of capitalising it.

Pls keep in mind the guidlines of Shedule 14

IS IT POSSIBLE TO TAKE LOAN AGAINST BANK GUARANTEE LYING WITH US.

BANK GUARANTEE IS TRANSFERRABLE OR NOT.

WHAT IS THE PROCEDURE FOR ENCASHMENT OF A BANK GUARANTEE.

IS THIS POSSIBLE FOR ISSUING BANK TO TRANSFER HIS LIABILITY TO ANATHER BANK REGARDING BANK GUARANTEE ISSUED BY HIM.


REGARDS

RAJESH

An infrastructure co. has built some flats & after seling those flats co. is also maintaining those flats,for which co. is charging service tax.
There are some flatowners from whom co. has charged registry amount but registry has not been done,due to which the co. is giving rebate from the maintenance charges,the rebate is given after charging service tax.
As per my views rebate should be given before charging service tax.& the co. is giving rabate after service tax.
Is it correct?
Is

Please provide details on balance sheet finalisation to finalise the balance sheet as its first time im working on finalisation of balance sheet of private firm .

Require information related to:

1. Depreciation
2. procedure of balance sheet finalisation step by step .
3. shares
4. provisions
etc

Thanks

sir,

Plese let me know, for software sale whether VAT or service tax needs to be taken while billing.

Further how to bill if its CST sale

Please help me to understand share capital .........need ful information on shares like abt share applications ,,share allotments etc

I will be thankful to you all

I have completed my 15 months of Articleship Training and so I want to take a study leave for 4 Months(3 Months Official). So, I requested my Boss to grant 4 Months Leave. He said that the 1 Month Extra Leave will be counted as Absent. So, I agreed to this proposal. But now he is not agreeing to it. He is telling me to take Transfer by filling Form 109. So I wanted to know that is it necessary to register with a new C.A. or Can I do it after giving my PCC Exam in Nov08?

Sir
My client bought a plot for Rs 175000 in 1982-83, he latter made a deal with a party for the sale of the said property for he which he received a sum of Rs.250000 as advance in 2001-02. But the sale couldn't be completed so my client forfeited the same and kept it with him. Now he sold the property for RS.45 lakhs in AY 2008-09. How can I adjust the advance amount with the purchase cost he has incurred an improvement cost of Rs.125000 in the year 1999-2000. How can I compute the CG in this case favoring my client

Can anyone please send me IFRS compliance checklist to my email id : nkanil@rediffmail.com ?

Aleternatively please let me know the source from where I can download the same.I could not find it in Share file section of Caclub.

Thanks.

Hi,

Is TDS & Profession Tax applicable on payment of stipend?

Regards