Answer Posted / simhadri
It may be clarified that the BIFR is neither a bank nor a
financial institution. In brief, its primary functions are
directed towards getting viability studies of sick units
prepared and authenticating the revival schemes for viable
sick units.
| Is This Answer Correct ? | 46 Yes | 9 No |
Post New Answer View All Answers
Information regarding shop & establishment registration of propiertor ship & require document for this
what is mean by tax holiday?
why your choseing bank of america
what is meant by search report of the company n why is it prepared?
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.
Treatment of Government grant and its utilization in P
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
Does any one attented HSBC audit compliance test? Please let me know asap. suraj
what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
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?
I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....
what is the abrevation for JJ in form jj
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method