Hi all,

we are in media industry, we have entered a BARTER deal with another company. my queries are :

1. we have to raise Invoice ?
2. Service Tax should be paid to the govt.?
3. what is the entry in tally?

regards,

Bhupal

Dear all

I tried to read the AS on Income Taxes but i can't gain any knowledge except deferred tax asset/liability.

I do not know how to present it in financial statement and for the 1st time application of that AS i do not know how to calculate opening balances so please it would be helpful if anybody make me clear in this matter.

hi,i'm a CA final student,
i wanted to learn about dividend policy,is dividend policy covered in our CA final institute material?if yes, under which chapter?
kindly help!!!!

we have purchased office Equipment & its supervision & service charges should be capitalised

hi

if the fundamental assumptions are not followed then is it sufficient that a disclosure is made in As-1 or should the auditor qualify his report even after the disclosure is made?

thanks
tima

hi

to be level-1 enterprise for applicability of AS the conditions are the Turnover must be > 50 crores in the previous year or Borrowings must be > 10 crores. for borrowings is it in the previous year or in the current year?

thanks
tima

hi

Gaap must be followed by companies listed in USA. does that mean indian companies listed in the USA also needs to follow gaap? like infosys is listed on nasdaq , it must also follow Gaap?

thanks
tima

hi

what is the difference between an "Enterprise" and a "Company" ? and what do u mean by SMC and SME and what is the difference between SMC & SME? this is with respect to accounting standards appicability.

thanks
amit

hi

in one of the books when discussing advantages of using "AS" it says by following accounting standards the cost of capital can be reduced. how is it possible? can anyone explain with an example.

thanks
tima

In a pvt. ltd. co. on what basis of leave can be encashed by co. to employee. Is on the basis of Basic Salary or Gross Salary.If total accumulated leave 60 days and Basic sal-5300/-,Hra-2120/-,medical-1250/-,conveyance-1500/-,edu. all-1000/- & spl. allowance-1750/-(Total Gross Salary-12920/).So what will be the calculation and plz also specify the section also.
Plz resolve it as soon as possible.Here I am waiting for the best reply.
plzzzzzzzzzzzzzzzzz replyyyyyyyyyyyyyyyyyy.