How are the entries passed while buying an option and selling the same. Whether only the option premium has to be taken as the sale value or the option strike rice plus the premium.
Also what differece will it make when the option is bought and sold on the same dat i.e. intraday.
further if the option is excercised, what entries need to be passed.
All above transactions only involve buying and not writing the options.

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

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)

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

What is the full form of GAR7 ??

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?

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.

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?

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

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?