The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
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Volume
Query_No
Finalized_Date
Withdrawal of future interest payable on deferred payments capitalised during the previous years
8
34
15/11/1988
Use of different methods of depreciation for the same class of fixed assets
8
35
15/11/1988
Disclosure of extraordinary items
8
36
15/11/1988
Accounting treatment for income arising on sale of an intermediary product during the construction period of a project
8
37
05/12/1988
Capitalization of interest during construction period
8
38
15/12/1988
Treatment of disputed performance guarantees
8
39
21/12/1988
Appointment of tax auditor by a company u/s 44 AB of the Income-tax Act, 1961
8
40
11/02/1988
Profit on sale of a machine – its accounting treatment and tax implications.
8
41
07/09/1988
Deduction of tax at source from charges paid to processors
8
42
18/09/1988
Determination of profit for the purpose of section 80 HHC of the Income-tax Act, 1961
8
43
18/09/1988
Computation of ‘profits’ for the purpose of section 32AB(3).
8
44
16/09/1988
Passing on of deduction u/s 80 HHC by Export House to supporting manufacturers
8
45
18/09/1988
Taxability of a grant to meet the export marketing expenses
8
46
10/10/1988
Whether duty draw-back, cash incentives/assistance and premium on sale of import entitlement be treated as export profits for the purpose of Section 80 HHC
8
47
15/11/1988
Treatment of unprovided depreciation and gratuity liability for computation of aggregate of paid-up capital and free reserves for the purpose of Companies (Acceptance of Deposits) Rules, 1975
8
48
15/02/1988
Whether a liability of a firm taken over by a company will be considered as 'deposit' where the company is a partner of the firm
8
49
20/05/1988
Whether a company can follow accounting year different from the uniform accounting year enacted by the Direct Tax Laws (Amendment) Act, 1987
8
50
16/09/1988
Approval of Central Government for appointment of whole-time directors and managing directors in case of amalgamation
8
51
15/11/1988
Whether the purchase, by an auditor, of goods and properties under the hire purchase system from a company will disqualify him as auditor of that company
9
1
12/12/1988
Real estate accounting
9
2
13/09/1988
Real estate accounting
9
3
22/05/1989
Whether unprovided depreciation should be included in cost for inventory valuation purposes
9
4
18/12/1988
Expenditure related to renewal of sleepers and rails for the company's railway sidings-whether capital of revenue expenduture
9
5
29/12/1988
Issue of audit report on accounts not approved by the Board of Directors
9
6
29/12/1988
Charging to revenue assets valuing less than Rs. 10,000/-
9
7
29/12/1988
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