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Queries Participated

KAMAL PODDAR   22 July 2009 at 17:21

TRAVELLING EXPENSES

I HAVE HIRED A TAXI FOR FOR GOING IN & OUTSIDE MY HOME TOWN WHAT HEAD SHOULD I CLAIM MY TAXI EXPENSES UNDER LOCAL CONVEYANCE OR UNDER TRAVELLING EXPENSES

CA Hiral   04 July 2009 at 12:54

TDS

hi
I want to know on which amount TDS is to be deducted when
- there is combine bill of reimbursement of expense and service charges of the agency
-there is combine bill of materail and labour charges with or without bill of material.

pl tell me as early as possible

thanks

CA Hiral   24 April 2009 at 15:03

Amendment of AS 11

can any one say what will be the effect of depreciation on capitalisation of exchange rate difference? and how to calculate balance life of the asset to amortise ex.rate difference adjusted to asset as impact of amendment?
I interpret that balance life of the asset should be calculated from day amendmnet comes into effect and not from the day exchange rate diff.provided to P&L.am i right in my interpretation?
tell me as early as possible as possible

Thanks

CA Hiral   17 April 2009 at 11:36

Accounting Standand 11

There is recent amendment in AS 11 regarding treatment of exchange rate difference arisingon long term monetary items.I want to know how to treat exchange rate diffrence for the period from 7th Dec,06 to 31st March,2009 which is already provided in P&l account? should I provide Exchange rate diff.of 31.3.09 first and then apply the amendmant?