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 3498Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
1958How do you annalyse the Goodwill value of the Company ?? does the net worth value is the same as Goodwill value or wht ??
1 3954Income 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?
2088I 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 3460Post New CompanyAffairs CS Questions
Is form 38 mandatory to issue c form in up. thru online mode
what is mean by tax holiday?
In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain
what is meant by search report of the company n why is it prepared?
How often is the stock market ticker updated? 15sec? 30sec?
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
analyses of Cost control
how to solve the problem of sechdule date problem in sap proframme.
Treatment of Government grant and its utilization in P
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
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
How to analyse the day to day sensex Points or Forex Values?
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
