depreciation rate as per companies act

News

ICAI - President's Message - June 2016


Dear Professional Colleagues All of us have our share of hopes and expectations present and future While certain part of those may appear logical and is likely to come true the remaining we ourselves

Full Story

Equalisation levy of 6 percent will come into force from 1st June


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION II GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION S O 1905

Full Story

The Income Declaration Scheme 2016 to open from 1st June 2016


The Income Declaration Scheme 2016 incorporated as Chapter IX of the Finance Act 2016 provides an opportunity to all persons who have not declared income correctly in earlier years to come forward and

Full Story

Indirect tax collection grows by 41.8 percent in April 2016


Indirect Tax Collections During the month of April 2016 is Rs 64 394 Crore which is an increase of 41 8 as compared to the collections made in the corresponding Period Last Year April 2015 Excise Coll

Full Story

Preparation of Panel of CA and Firms having experience for Forensic Auditing


Central Bureau of Investigation CBI has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments Chartered Accountants firms having

Full Story

More News

Experts Opinions

Depreciation


Is there any useful life of asset as per income tax act

Read Expert Opinion

Uploading of subsidiary companies financials in website


I just need a help with respect to uploading of subsidiary company s financials in the website of Parent company as required under section 136 1 of the companies act 2013 Whether its mandatory or not

Read Expert Opinion

Indian partnership act 1932


The partnership deed is valid for 12 years from 2012 2024 Loan is given to partnership firm for which the repayment was fixed for 9 years Now the repayment schedule is revised and it is projected to b

Read Expert Opinion

Superannuation withdrawal


Superannuation withdraw before retirement in full TDS to be deducted at avg tax rate of 3 preceding year s of employee or flat rate 30

Read Expert Opinion

Karnataka vat rate for contractor?


Dear sir please tell me the vat rates for contractor in karnataka state

Read Expert Opinion

Discussion

Dtaa under section 90 of income tax act 1961

One of My Clients have been in Germany from Jan 2016 to date He recieved his salary in Germany butnot remitted his money to India Please do correct me if i am wrong anywhere in my contentions He is a

Read full discussion

Small service provider for works contract

In case of Works Contract Service is Small Service Providers exemption limit u N 33 2012 ST applicable on Gross amount or Net amount Eg If Total Value of Works Contract Rs 12 00 000 Value of Service u

Read full discussion

Urgent: reflection of cenvat credit of ec & shec in service tax return for period after june

Cenvat credit of education cess SHEC of bills related to May 15is to to taken in the service tax return for the period Oct15 to March 16 Should the same be reflected separately in the relevant educati

Read full discussion

Filing of satisfaction of charges - reg

Descripttion of the problem X Ltd Date of Incorporation is 1970 Y Ltd Date of Incorporation is 1975 Z Ltd Date of Incorporation is 2000 X Ltd and Y Ltd Company hadbeen amalgamated with Z Ltd Company v

Read full discussion

Payment in cash for buying goods and services worth more than rs 2 lakh with the exception of jewellery will attract 1 per cent tax collected at source (tcs) from today

Payment in cash for buying goods and services worth more than Rs 2 lakh with the exception of jewellery will attract 1 per cent tax collected at source TCS from today pl tell me it is apply for small

Read full discussion


More Messages




File Download

  • IT Training-Excel with Practical Data

    It contains how to use excel various formula and pivot table It contains practical examples so that one can understand that how excel formula and pivot table is useful in our practical life I have also forwarded it to ICAI Ahmedabad Hope users will be benefited from this

    Download

  • Statement on Impact of Audit Qualification under LODR

    Under Regu 33 and 52 of LODR Regulations format of Statement of Impact of Audit Qualification

    Download

  • Lease

    lease

    Download

  • Service Tax in case of reverse charge W.E.F 01.06.2016

    RATES OF SERVICE TAX FOR SERVICE RECEIVER W E F 01 06 2016

    Download

  • IND AS 10-Events after the Reporting Period

    The objective of this Standard is to prescribe a When an entity should adjust its financial statements for events after the reporting period and b the disclosures that an entity should give about the date when the financial statements were approved for issue and about events after the reporting period The Standard also requires that an entity should not prepare its financial statements on a going concern basis if events after the reporting period indicate that the going concern assumption is not appropriate http praveentawania com file details php title IND 20AS 2010 Events 20after 20the 20Reporting 20Period

    Download


More Files

Articles

Rates of service tax in case of Reverse Charge w.e.f. 01.06.2016


Service Tax under reverse Charge On or After 01 06 2016 Sl No Service Abatement if any Effective ST Rate including SWC KKC payable by service provider payable by service recipient ST Rate for Service


Full Article

Treatment of Capital Gains arising on sale of Residential Property


For all those persons who are buying residential properties and selling such residential properties at a later date a question which generally crops up in the minds is with reference to tax treatment


Full Article

Incorporation of Company as per the Companies Act, 2013


At the outset basically the details of the Director s and subscriber s are required for the incorporation of the Company However the steps for the incorporation of a company as per the Companies Act 2


Full Article

Most common mistake in Depreciation


Change in life of assets has been specified in new companies act 2013 However it does not suggested change in depreciation method Hence there is no need to recalculate effect of depreciation from the


Full Article

Applicability of companies act, 2013 based on limits


Sr No Provision under Companies Act 2013 Applicability of Provision Non Applicability of provision 1 XBRL General Circular No 16 2012 Dated 06 07 2014 a All companies LISTED with any Stock Exchange s


Full Article

More Articles


Updated on : 6/2/2016 3:12:12 AM


close x