my boss (Managing Partner of a firm) promoted along with
his wife a private limited company. he and she spent some
Rs. 75,000/- (approx) for the promotion of the company. i
know that they usually fall under the head of preliminary
expenses. but after receiving the certification of
incorporation of the company how shall i repay them to the
promoters i.e. what is the accounting entry in the books
(initial books of accounts) for the expenditure incurred.
they have kept in hand 5,00,000/- each to meet the expenses
and they were allotted shares of equal to the amount. can i
allot shares for a consideration of cash from and excluding
the preliminary expenses. can i take cash towards the share
application money (being the cash more than Rs. 20,000/-)
as the company has not opened a bank account yet. please
give me the detailed answer with journal entries that can
be entered in tally. thank you.
Hai, i want to Know that How To Fill ETDS Return. Kindly
Tell I'wll we very thankful to you.
what is mean by sample account and data transfer rule in
what will be the treatment of preliminery expenses if due
to preliminary expenses being written off there results a
Is Service Tax chargable by Real Estate devlopers to be
charged on the entire cost of the property or only on the
service conent of the cost and not on the cost of land and
cost of construction material? Can the developers demand
Service Tax on installments paid by the buyers before the
real sale takes place?
I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS
A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY
ONE DOING THIS COURSE PLEASE REPLY ME.