ABC Pvt. Ltd. is a construction company engaged in business of construction of roads and other government contracts. I want to know whether cost of diesel and oil and repairs, in vehicles engaged in making road and shifting of goods from various sites and plant, would be direct cost or indirect cost??? Since it is a construction company vehicles and machines required for constructing road and shifting material to various sites from plant requires higher use of vehicles. so cost of diesel, oils and other repairs is very high as compared to other industry. please tell me these cost would be direct or indirect??? thanks

WHAT IS THE MEANING OF CTC AND WHY THE EMPLOYER REDUCE HIS EMPLOYEE CTC. WHAT IS THE CALCULATION. FOT IT.

Hi
Friends
Example :Mr.X is invested in ABC Company the company is closed but the company not paid any shares amount to Mr.X .

Then how Mr.X can close in his books by passing Journal entry .

We Purchased Assets for Branch in USA when $ rate was Rs 40 But, Now $ rate was Rs 60/- So, when we are incorporating Translation Loss with HO A/c It is affecting HO profit & Loss.
How to come over of this pls refer supported by case Laws ?

WHAT ARE THE REASON TO PREPARE TRAL BALANCE.
WHAT ARE THE FUNCTION OF TRAL BALANCE

why fictitious assets are written off at the time of amalgamation??

A Pvt Ltd Co. has not recorded a bill in the preceeding Financial Years on which VAT is levied. But the Co. has made the payment to creditors on 06/01/2014 through cheque. We are Builders & Developers eligible for Composite Scheme on MVAT.i.e. we are not claiming Input Tax Credit.

CAN A PVT. LTD. RECORD THE PURCHASE BILL OF PRECEEDING YEARS IN THE FINANCIAL YEAR 2013-14 ??

I am doing a reconciliation of creditors as at 31st Dec,2013. I am taking our company's book balance as at 31st dec,2013 but is it necessary to have supplier statement also from them as at 31st dec,13 because if i will not receive the statement from supplier as at 31st dec,13 but may be before date from there also I can retrieve our balance as at 31st dec,13.

Can a proprietor pay salary to his wife from Proprietorship firm ?
Does he need to club it in annual return or can file a separate return for his wife?

I have completed my chartered accountancy course in 2013 , now I m in USA along with my husband on h4 visa ( dependent) . I could not work here so I am planning for hiegher studies to upgrade myself . I need your suggestions as soon as possible becoz I want to utilise this time and I have planned to stay in USA for 2 year