The company has incurred Preliminary expenses. As per old Schedule VI these are to be shown under the head MISCELLANEOUS EXPENDITURE in Assets side of Balance Sheet. Now where to show these expenses under revised Scheduke VI.
1 3458Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
1934How do you annalyse the Goodwill value of the Company ?? does the net worth value is the same as Goodwill value or wht ??
1 3924Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?
2065I am working in a company as a finance officer during the measurement of fixed asset i have faced for land depreciation. How to measure land depreciation? please help me in this regard.
3 3398Post New CompanyAffairs CS Questions
Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?
analyses of Cost control
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
Is form 38 mandatory to issue c form in up. thru online mode
I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
Does any one attented HSBC audit compliance test? Please let me know asap. suraj
why your choseing bank of america
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-
How to analyse the day to day sensex Points or Forex Values?
what is mean by tax holiday?
Treatment of Government grant and its utilization in P
