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?

Hi,
pls tell me about the accounting treatment of refundable security deposit.
give me some case law or guidlines which tells about the above treatment
regards
sudheesh

A company has received export benefits under Duty Exemption Pass Book Scheme (DEPB) against export made by it .The co. is following the policy of recognising it as and when DEPB credit is received by the company.whether it is right?or it is against the accrual principle,acc.to which export benefits should be recognised as soon as export is made by the company rather than when credit is received by the co.please clarify the same on the basis of relevant AS,guidance note etc.

hi...
while consolidating the P&L of one out of many subsidiaries,i am in problem how to calculate gain/loss on disposal of investment in subsidaries as per AS-21.
This subsidiary has brought forward loss from previous years and aslo have loss for current F.Y. upto the cncerned period. if there would be a practical example or working procedure for calculating gain/loss on diposal of investment, pls help its urgent since last date for submition of result is coming to near...

Thanks

when converting a partnership firm to pvt co, is it mandatory to mention in the MoA or AoA that "this is a partnership firm converted to pvt co".
And also if u could, in brief pls explain me the procedure, specially the online one, it would be a great help, or u could give me reference of some link for help regarding that matter.
Thank you

How 2 account Keyman insurancy policy preimum, in which out of total premium one portion goes 2 term insurance and other goes to investment. Insured is Company , however it is observed that policy is assigned in the later years in the name of Director. How 2 account

How 2 account Keyman insurancy policy preimum, in which out of total premium one portion goes 2 term insurance and other goes to investment. Insured is Company , however it is observed that policy is assigned in the later years in the name of Director. How 2 account

Dear Sir,

Please send the detail of tally to excel . send converter / procedure file for tally to excel.

Awating your prompt reply.

Regards,

Ms. Krishna