Can the indian investor get away from the private company where the rest of the members are FDI.

How can he check the shareholding pattern.

Please anyone throw some light on the above issues.

On 28/03/2008 company received a cheque as compensation which is income in the Balance Sheet of 2007-08 but this cheque send back by bank as unpaid on 03/04/2008. Now company can reduce the income of last year Balance Sheet or book expenses in current year?

I am Kalpana,

Please explain me in detail wat is Bank Gurantee how many parties are involved in it and wat is the process for applying the Bank Guarantees.Is there any form for Bank Guarantees.

Please if any body knows mail me to my Email ID Kalpana.icwa@hotmail.com.as early as possible.

Thanks in Advance.

Sir, I have two questions.
1.A Private ltd co. regd on 30-8-2005 have no business transaction till now.but there are some exps like audit and legal fee, bank charges. I want to know that these exps are to be capitalised under the head pre-oeprative exps or these are to be treated as revenue exps and a return of loss to be filed.
2 A Public ltd co. regd on 30-8-2005. The Building and Plant & Mach. is under construction and there are some exps like audit and legal fee, bank charges. I want to know that these exps are to be capitalised under the head pre-oeprative exps or these are to be treated as revenue exps and consequently a return of loss to be filed.

MY COMPANY IS COMPANY IS NOT FOLLOWING AS-15. OUR AUDITOR QUALIFED REPORT ON AS 15.

NOW OUR COMPANY IS GOING WITH ANY INSURANCE COMAPNY. THIS IS UNDER PROCESS. I WANT A GOOD WRITTEN PARAGRAPH AS CLARIFICATION OF DIRECTOR. SPECIALLY ON GRATUITY AND LEAVE ENCASHMENT.

PLEASE HELP ME OUT.

MY EMAIL ID : rakes2004@gmail.com

Plese Help i am working in Sarva shiksha abhiyan as Asst accountant my query is hear advance amount will be taken for organising workshops meetings etc its ok i am taking in cash book as adv in the name of who will take adv on date when they will take adv again after 10 days they will give the details of adv taken then they tell strike out name how shuld i must enter in the cash book and what head i must debit on adv taken and when they will give details plz help give detail entery as example

sir i want to ask following questions on U/S Loans:

1.Whether it is mandatory to charge interest on unsecred loans for financial year 2007-08 if we have charged interest in the last financial year 2006-07?

2.Whether it is mandatory to charge interest on each unsecred loans if loan provider is not related with assessee?

sir my Query is that when we r making sale nd purchase transactions with a same party then in such case whether is there any need to Open Sepeate Accounts for both the transactions or to record the both sale nd purchase transactions in One account?????

means seperate account of same party as debtor and seperate acount of same party creditors?

In case of Interstate Sale, which will be applicable out of two:-VAT or CST and at what rate. whether this sale will be taken as consignee sale and what will be accounting entry for the same in the books of accounts.

Sir,
we have entered in to a contract with forign firm to introduce new technolozy in our company. terms are as follows:
-- to supply new mechinary for introduction of new technolozy, along with supply of operational designs and reports.

-- to train company staff to operate that new technolozy mechine,

-- to supply spares required for a period of 5 years,

-- to arrange technical staff for supervision of operations for a period of 5 years.

Now kindly clarify whether there is any Intangible Asset to be recognized in this transaction as per AS-26.