How to cal calculate net worth of an Indiviual?

Dear Sir
i want to know the accounting entry of problem given below

problem- we have sent 29.510 mt material sent to consignment agent but out of that 13.155 mt material stolen in transit.(Note - excise duty involved material)

Preliminary Expenses are Miscellaneous Assets they can not be said as Deffered Revenue Expenditure as no revenue is generated by the expense in any subsequent period then why do we w/off them yearly in accounts of a company (are they really considered as Deferred Revenue expenditure or they are w/off as it is provided that assessee can w/off them in the Income TAx act)

Dear Sir/Madam,

What are the taxes (e.g. Service tax, VAT, WCT, TDS etc.) applicable to a civil & interior decorator and how (tax break-up).

Two contractors (both civil and interior decoration) are carrying out their works at my office.

We are situated at Chennai, Tamilnadu

Total cost for the civil contractor is Rs.1,00,000/-
Total cost for the Interior Decorator is Rs.8,00,000/-

What type of taxes will apply to the above vendors? If the contractor provides relevant registration, the particular tax will be exempted.

I am not an accountant but for my job I need to know the procedure and calculations.

Pl. help me with some examples.

With regards
MadhuSudan

Dear Sir,

I am working in as an accounts executive in a software company. Actually I need to know that how We make a projected P/L as well Balance Sheet. Kindly give me some guideline regarding financial so that I may do the same. I will be grateful to you.

Thanks & Regards,
Raghav Jha

hi,
Where an asset has reached its residual value of 5% under SLM and the company is still using that asset and keeping this asset at residual value of 5% in their FA register but it claims depreciation under WDV for tax purpose.
Whether the difference in taxable income and accounting income on account of depreciation charged in IT Act and no depreciatoin charged in Co Act will be timing difference or permanent difference??

Tell me the name of best reference book for Advanced Accounting-CA FINAL.

BASIC 27200.00
HRA 20400.00
EDUCATION 680.00
Conv /City All 3400.00
SELF DEVELOPMENT 3400.00
UNIFORM 0.00
MEDICAL 2720.00
TELEPHONE 2040.00
INCENTIVE 0.00
COUPAN 1360.00
OTHER ALLOWANCE 0.00
HELPER 2720.00
GROSS SALARY 0.00

Hi All,

What if an employee pays on behalf of the company to the vendors through his credit card and company pays him by settling his credit card bills...

And what of same happens in case of director

Pls reply in case Employee is a relative/non relative of director.

If possible give references to sec/AS

Thanx in advance !

My querry is relating capitalisation of cost inccured after the date which is declared as date of commercial production.

But the concerned company is saying even they declared date of production as 1-4-2009, they actually started producing commercially feasible quantity from 1-10-2009 only, and they are capitalising cost upto 1-10-2009.

Is it the right treatment?
Will it be allowable in tax consideration?