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Treatment of Proposed Dividend under Revised Schedule VI
A) INTRODUCTION Revised Schedule-VI has been promulgated by Ministry of Corporate Affairs, Government of India vide Notification No S.O. 447(E) dated 28th February,2011. In said notification reference has been made to the Accounting Standards noti
Education System
Education is a vital thing for every individual. India is the land where educationists like Swami Vivekananda was bornbut why people today are facing problems in getting quality jobs, maintaining quality living and always searching for bette
Taxation Entries
The actual taxation entries are most important things as they clears the Balance sheet picture and gives real result. Before going to understand the taxation entries, we should clear the various heads relating to Income Tax. [1] Provision for In
The Banking Regulation Act 1949
Introduction The banking regulation act 1949 extends to whole of India. Other acts are used as auxilliary to this act e.g. Companies Act 1956( defining company) , negotiable instrument act defining public holiday).
Revised Schedule VI Head Wise Classification Concepts
As we know the Revised Schedule VI has introduced a concept of classified balance sheet. Para 1 and 3 of General Instructions for preparation of Balance Sheet defines current assets / non-current assets and curre
Finalization of Balance Sheet (Part - II)
Greetings of the Day to all the members of CCI Family. So as promised I am back with the Part 2 of my series i.e. Finalization of Balance Sheet. The link for my previous Article is given below - Finalization
Accounting Treatment of Forward Cover in Different scenario
In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to
Note on Sale of Shares held by promoters through the secondary market
INTRODUCTION The Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 deal with the maintaining minimum public shareholding of 25%. The Ministry of Fin
Sow a thought
In any field Business/practice or even in personal life Our Commitment and Honesty matters a lot in our success. I had a instance few days back....Few days backwe I was travelling to Shilma with my friends.... while we boarded at Shimla my friends
All about resolution
All about Resolutions under Companies Act, 1956 Resolutions are records of formal agreement or decisions of shareholders or directors or managers, to carry out certain changes, generally denoted or prefixed by the word RESOLVED. Exam
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