Finalization of balance sheet (practical aspect)

Page no : 3

SANYAM ARORA (“It's hard to beat a person who never gives up.”) (20173 Points)
Replied 06 October 2012

Originally posted by : Rahul Bansal
	Informative post.....tnx once again for sharing such a useful post

Thanks for Appreciating Rahul Brother.

Will Definitely Continue.

Regards

Sanyam

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SANYAM ARORA (“It's hard to beat a person who never gives up.”) (20173 Points)
Replied 06 October 2012

Originally posted by : CCI Member
	Thanks a lot for sharing informative post. Continue your good work. Am expecting Part 2,3,.......

Thanks for Appreciating my Work.

Regards

Sanyam

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 06 October 2012

Thak Mr Arora for the same. I would say in simple words

DTL - When income is less as per IT - DTL

DTA - When income is Excess as per IT - DTA

1 Like

CA.Vinita Gupta (Deputy Manager- Finance) (2923 Points)
Replied 06 October 2012

Thanks Sanyam

CA Devender Chauhan (Group Financial Accountant) (1526 Points)
Replied 06 October 2012

gr8 efforts Sanyam... waiting for the other parts...

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*RENU SINGH * (✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ ) (21627 Points)
Replied 06 October 2012

Picture abhi baki h ....

this is sweet si begining.... I expect a lot from u dear ....

Vandana Mulchandani (Finance Manager ) (9227 Points)
Replied 06 October 2012

Originally posted by : Rahul Bansal
	Informative post.....tnx once again for sharing such a useful post

Thank you Sanyam ....Keep going on......

SANYAM ARORA (“It's hard to beat a person who never gives up.”) (20173 Points)
Replied 06 October 2012

Originally posted by : ganeshbabu
	PLEASE DO POST IN FILE SECTION TOO, SO THAT,WE CAN TAKE A PRINT.OR CAN SAVE ON DESKTOP, PLEASE OD THAT

Done ..!!!

Please see in the File Section.

Regards

Sanyam

SANYAM ARORA (“It's hard to beat a person who never gives up.”) (20173 Points)
Replied 06 October 2012

Originally posted by : CA Pradeep Kumar
	Dear Sanyam Arora, Please check your DTA / DTL section. It should be DTA not DTL. Since we are claiming 20000 less depreciation.

Done Brother.

I know it was a Blunder but wan't Intentional.

Thanks for letting me Know.

Regards

Sanyam

(Guest)

Keep up the good work.

Whats the best part of these sort of articles is that, they are creative, very informative, to the point and bring interaction apart from sharing practical treatment given by professionals in their assignments.

Looking forward for many more.

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CA Navin Jain (MANAGER (FINANCE & ACCOUNTS)) (11768 Points)
Replied 06 October 2012

Good going sayam, this post realy very useful to others.

CA Brijesh (Practice) (64 Points)
Replied 06 October 2012

Nice Sharing

Tony John (Chartered Accountant) (6085 Points)
Replied 07 October 2012

Well explained. Keep going Sanyam bhai.......

SANYAM ARORA (“It's hard to beat a person who never gives up.”) (20173 Points)
Replied 07 October 2012

Originally posted by : CA Mohit Garg
	First of all thanks, I loan is taken of 100,000 in 2001-12, payable in 5 intalment, i.e. 20,000 each year & first instalment due in next year say 2012-13. At the time of preparing balance sheet on 31.03.2012 Than in Non current 80,000 & in current 20,000, Pls confirm, whether I'm right or wrong, what is correct presentation

Thanks Mohit ..!!!

Yes the bifurcation is absolutely correct.

Regards

Sanyam

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SANYAM ARORA (“It's hard to beat a person who never gives up.”) (20173 Points)
Replied 08 October 2012

Originally posted by : CA CS Prakash Somani (A helpin
	Thak Mr Arora for the same. I would say in simple words DTL - When income is less as per IT - DTL DTA - When income is Excess as per IT - DTA