if an autonomous body acquires land on lease for a nominal value of re.1, then is it necessary to make a valuation of the land so that it could be reflected in the books?
Hello Mr.Gul,
Thank you for the information. Could u please furnish the with effect from date for the ESI ceiling Rs.10000/- ?
Now what is the ceiling for not deducting Provident Fund and ESI for an employee.( To the best of knowledge it had been Rs.7500)
Please tell me,
When revenue stamps are required to be attached on the Payment vouchers??
Is it also required for a re-imbursement exceeding Rs.5000 in Cash backed with more than one supportings?
Please tell me,
When revenue stamps are required to be attached on the Payment vouchers??
Is it also required for a re-imbursement exceeding Rs.5000 in Cash backed with more than one supportings?
There are Two Companies Say X and Y
X is reporting enterprise (India)
Y is foregin subsidary (China )
Quary: While making the investment in foreign subsidary at different dates there was difference in exchange rates which tantamounts to foreign exchage loss
Q1. will it be treated as foregin exchange loss and debited to P & L A/c
Or
Shown as Capital reserve with negitive figures (i.e., Loss)
Q2. Is it correct way of disclosure
Thank you Mr.Rao for your clarification. shall I take that the assets purchased after 31.03.2004 are not eligible for the higher rate of depreciation ( 50 % )applicable for TUF scheme purchase ?
If we place an order to any club to arrange a party at their lawn with food, snacks, liquor, etc. and we fix the rate per person.
In the above condition, club is charging LST on their bill with some service tax also.
should we deduct TDS under Contractors payment, as we have placed an order to club to arrange the party on fixed charges ?
Hai, friends iam a cs student. please help me how to tackle the subject company accounts and costing. And tell me how many hrs should be spent on revision?
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
accounting for lease agreement to use land.