ICAI expert Advisory commitee--opinions

Ganeshbabu K (Audit and Tax Advisory) (48564 Points)

13 June 2013  

Recent Opinions of The Expert Advisory Committee

Query No. 1 Capitalisation of interest during pre-operative period in Cable and Telecommunication Industry.
Query No. 2 Accounting treatment of Minimum Alternative Tax (MAT) Credit in case of carried forward losses.
Query No. 3 ESOP accounting on account of revision of the exercise price.
Query No. 4 Disclosure of assets and liabilities held under projects being executed on behalf of the Government of India.
Query No. 5 Depreciation on freehold land having mineral reserves and the internal roads constructed in the premises of the company.
Query No. 6 Accounting for leave liability.
Query No. 7 Accounting for the share of expenditure incurred by the company on development of power sub-station and for obtaining power connection.
Query No. 8 Segment Reporting.