Rajpreet Singh
10 January 2009 at 17:14

Expenditure during Construction Period

Dear Sir,
Guidance note on treatment of expenditure during construction period has been withdrawn. My question is when an existing firm set up a new industrial undertaking then during construction period all the expenditure shall be capitalised. For Borrowing costs there is a seperate Accounting Standard AS-16, But what about the treatment of other expenses like Security Service , Electricity Expenses as the Electricity connection is obtained at the site, Supervisory Charges etc , Under which Accouting Standard these expenses are covered. Previously these expenses were allocated to the cost of fixed assets as per the Guidance Note what is the procedure now please advice


Dushyant
10 January 2009 at 15:33

Tax Deductabel at source

I am working in pvt ltd company. The company is paying commisson his clients. I want to know what will be the tds rate and how to post the entry


za
10 January 2009 at 12:44

Change in accounting system

I want to know can I change the accounts from Without Inventory To With Inventory. Is it Possible? and how can it be done?


karthik

as ifrs is a hot topic discussed around the world.... i ve selected ifrs as my topic for my projece... i m trying to find out the impact of implementing ifrs on indian companies balance sheets and other books which at present using indian gaap... can anyone guide me regarding how o proceed??? can anyone tell me which indian cmpaie already implemented ifrs at present??


Jairam
09 January 2009 at 20:02

UPPER AND LOWER CIRCUIT

Why is satyam stock not subject to Circuits?


Nidhi Jain
09 January 2009 at 16:42

XBRL Accounting

What is XBRL Accounting?


survesh
09 January 2009 at 15:33

grossprofit calculation

please say if i want to prepair a general balance sheet ,p&l ac in what ratio should the Grossprofit & net proft calculated
or formula because clients doesnot say their actual profit for incometax


survesh
09 January 2009 at 15:20

FBTADJUSTMENT

PLEASE SAY A PARTNERSHIP FIRM HAS PAID FBT RS 33000 FOR FY 2007-08 ON 1/9/2008 AND NO PROVISION WAS MADE IN FY 2007-08
WHERE SHOULD I ADJUST THE FBT PAYMENT IN FY 2008-09


Rupendra Saxena
09 January 2009 at 12:38

Disposal of Fixed Assets

We have recd Inter Div. Transfer of various types of F/Assets from Company’s another units which is recently closed. Out of those assets we want to discard some assets from the books but physical existence of those assets will remain at our unit. Since we are not selling them the question of profit & loss does not arise. We are therefore going to simply W/off them on the same value in which we have recd.

Is this treatment is OK according to AS ? Pls suggest.


Shivaling
09 January 2009 at 10:24

Co-operative Society Forms

Where can i get Co-operative Society Forms in Softcopy