banner_ad

Form 3cd

This query is : Resolved 
Profile Image

Guest

Profile Image

Guest (Querist)
08 August 2012 whether to use fig of co. act or tax audit fig for calculation of ratio and annexure
Profile Image

Ki$hor B

Profile Image

Ki$hor B (Expert)
08 August 2012 I suppose you are speaking about the ratios in clause 32.

Could you be clear on the term "tax audit fig" as mentioned in your query.

In my opinion, work out the ratios on the basis of the FS drawn from your BOA.
Profile Image

Guest

Profile Image

Guest (Querist)
08 August 2012 depreciation is included in manufacturing cost (GP calculation) there dep to be taken as per IT or Co. act???
Profile Image

Ki$hor B

Profile Image

Ki$hor B (Expert)
09 August 2012 Got your Q now,
work out the depreciation as per the ‘Depreciation Table’ contained in Appendix- I to the Income Tax Rules, 1962

Opening WDV should generally be as per last Years Tax Audit Report, if any. If there is any deviation refer IT records available with the assessee and fact of reliance thereon should be stated.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details