WHAT IS THE MEANING OF RTGS?

CAN U HELP ME IN THE FOLLOWING MATTER:-

A COMPANY X WAS INCORPORATED IN 1970 AND CLOSED ITS OPERATIONS IN 2001 DUE TO LABOUR STRIKE.

IT WAS REINSTATED IN 2008 WITH THE HELP OF BIFR AND THEN A NEW COMPANY Y WAS MADE WHICH WAS SUBSIDIARY OF COMPANY X
AND FIXED ASSETS OF RS 150 CRORES WAS TRANSFERRED TO COMPANY Y BY COMPANY X AT INCOME TAX WDV

CAN U SUGGEST WHICH ACCOUNTING STANDARDS WILL BE APPLICABLE AND HOW AS-10 WILL DEAL WITH THIS ISSUE?

WHAT IS THE MEANING OF LOW EQUITY BASE?

A private company failed to make provision for income tax in F.Y. 2006-07 and make the same in F.Y. 2007-08. Now for the purpose of calculating Basic EPS for F.Y. 2006-07 & 2007-08 what treatment should be given to "Provision for Income Tax-2006-07" made in 2007-08.

Please let me know the meaning of "revolving loan".

Thanks.

what is the recommended book of account for pcc,which provide solved problem with explanation. plz specifiy the name of the author.

For a Private Ltd Coy
How should I write-off a prior prd TDS(Debit)(Rs.93000) made on 31.05.2005.
Option :-
A) whether tr.to Reserves & Surplus A/c.
Or
b) treating as an Prior prd item and keep in profit & loss a/c.

Suggest me the experts.

urgent.

Hi Sir

I have some confusion regarding the employee’s bonus.

Sir, Is it mandatory to pay bonus to employee every year in any condition? If employee's basic salary is below 10000/- then minimum how much bonus have to pay by employer?
Can we consider a basic salary Rs 3500/-?

If company suffering from losses in that condition also employer have to pay bonus @ 8.33% on basic salary or it is not necessary to pay bonus to employee in case of loss?

Please Suggest Me.
How do I get info regarding above & which section of bonus act I have to refer.

Regards
Anil

Hi Sir

I have some confusion regarding the employees bonus.
Sir Is it mandetory to pay bonus to employee every year in any condition? If employee's basic salary is below 10000/- then minimum how much bonus have to pay by employer?
Can we consider a basic salary Rs 3500/-?
If company suffering from losses in that condition also employer have to pay bonus @ 8.33% on basic salary or it is not necessary to pay bonus to employee in case of loss?

Please Suggest Me.
How do I get info regarding above & which section of bonus act I have to refer.

Regards
Anil