Answer Posted / rajeev
Generally Accepted Accounting Practices
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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
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what is the process of excise duty?
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Short answer on____________Assessment Year
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