I want to know if there is any change in taken of Service Tax input credit w.e.f. 1st July-2011 (earlier it's taken on payment basis Payment made to party which include ST Input Credit i.e. payment basis

your early response more beneficial to me

Thanks & Regards,
Kantilal

explain the role and problems of disclousure..

Pls. help me in preparing the cash flow from the following figures :-
Rs. (in lakhs )
Net Loss (1076.79)
Depreciation for the year 581.61
Interest income 236.65
Interest Expense 11.45
Current assets:- 31.03.11 31.03.10
Inventories 190.52 343.15
DEbtors 46.48 81.60
Cash & Bank 2212.70 2989.57
Loans & Advances 429.37 225.81
Interest Accrued 126.39 76.58
Current Liab. 1748.07 1957.66

Which author book(Account) should i prefer for PCE examination, though i have my examination in this November.
Plz suggest me.

hello
i waz doing profit prior to incorporation
i couldnt get the proper answer for ''DEBENTURE INTEREST''
i mean the ratio in which it should be calculated
plz reply anyone who knows the answer
thanx

Company “A” was wounded up in 31.12.2010; Owners are “Jack” & “Jill”

Liabilities of Company “A” amounting to Rs. 100000 was paid by Company “B” on Feb 2011

Company “B” is owned by “Jack” one of the owners of Company “A”

As Company “A” is wounded up, the loan of Company “A” from “B” is paid in installments of Rs. 2000 by Company “C” from 01.03.2011

Company “C” is owned by “Jill” one of the owner of Company “A”

Now the requirement is repayment of loan, should not affect the financials of Company “C”
How?

Pls send me the list of accounts that a hotel has to maintain or just tell about the accounting systems for hotel.

Also tell what other regi. n taxes are applicable for hotel which not provide foods but only provide rooms on rent.

We have raised a bill on our party for Rs.100000. The party has made a payment of Rs.99000 after deducting 2% tax on that ie. Rs.1980 TDS. But they have issued us a TDS certificate of Rs.2000. How do we reconcile the tds account.

sir
pls provide me a link to download a proforma of the recently amended (Balance Sheet And Profit and loss Account) scheduled 6 of the Companies act with schedules of all the items of B/S and P&l a/c .like the one presented by companies like infosys and others .

Thanking u in advance.

Dear All,

We are large manufacturer of "Rubber" and for that various small componant requier, now my Q is that, we are paying some "REPAIRS & MAINTENANCE" for some product which is use for rubber manufacturing now all these repairs bill shall we book under the head of purchse or we directly book under head of Diret exp. plz expain with brief solution