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fifo method


CBDT Circular on application of profit split method

CBDT Circular on application of profit split method Dated 26 3 2013 Circular No 2 2013

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ICAI-President's Message - October 2012

Dear Friends I find it quite apt at present to remember the father of our nation Mahatma Gandhi and his never ending trust in nonviolent method of protest and struggle Violence begets violence Those w

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The Depreciated Replacement Cost Method of Valuation

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Computation of profits and gains of business on presumptive

Computation of profits and gains of business on presumptive basis Section 44AD Section 44AD prescribes a method of presumptive taxation for assessees engaged in the business of civil construction or s

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Rationalisation of provisions relating to TDS

Rationalisation of provisions relating to tax deduction at source TDS Tax deduction at source is a method of collecting taxes on behalf of the Government at the time of payment or credit The Income ta

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Method of accounting

A Labour service agency raising bills for the service rendered in the month of March 2013 on 01 04 2013 The salary will be made before 10th and PF and ESI contribution are paid by end of April 2013 Th

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Cash flow statement direct method

Can a public limited company prepare its Cash Flow Statement using Direct Method

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Method of accounting sec 145

we follow receipt basis of accounting on interest on FDR instedad of accural basis of accounting and regularly followed as per section 145 at the time of assessment assessing officer added interest on

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Methods in transfer pricing

Methods for determining Arms length price These methods are briefly described as under a Comparable uncontrolled Price Method CUP a Under CUP method price charged for property or services transferred

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Which accounting method to follow?

Company A has eneterd into an MOU with company B wherein Company A and company B will engage a contractor to complete one electrical work which will last for 6 months to 1 year Both companies will sha

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  • Portfolio Template for Capital Gain Tax Computation

    Compute Capital Gain Tax using FIFO Method handles Corporate Action Bonus Split Dividend Classifies between speculative Short Term Long Term Dividendent Stripping u s 94 7 visit rtsoftwares co in


  • Notification No. 52

    Notification No 52 for Valuation of Shares under DCF Method


  • HRA exemption Calculation

    Organizations in India follow different methods for arriving at the House Rent Allowance HRA exemption while calculating income tax on employee salary Each method produces a different exemption amount This begs the question which is the correct method Payroll managers have different opinions on how the exemption should be calculated Let us examine the methods used for the HRA exemption calculation and see which method goes well with the letters and spirit of Section 10 13A of the Income Tax Act 1961


  • Auto Calculating Fixed Asset Register

    If somebody can check the accuracy of this file I am very happy Please tell me if there is any kind error both equation or calculation method My idea in this file if FY is changed Depreciation must be calculated Automatically


  • Depreciation rate

    DWN Method Depreciation


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Experts Opinions

Advance tax calculation method

Dear sir kindly advise me how to calculate advance tax

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Tds. under new reverse charge method of service tax rea

We have get Sponsorship Invoice from our vender Invoice Amount Rs 3 00 000 ST under Reversal 12 36 Rs 37 080 which is not included in invoice amount it is spartanly shown in bill just for information

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Tds under new 100% reverse charge method of service tax

We have Received one Sponsorship Invoice from our vender Invoice Amount Rs 3 00 000 ST under Reversal 12 36 Rs 37 080 which is not included in invoice amount it is spartanly shown in bill just for inf

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Percentage completion method

Dear Sir Madam Whether Percentage Completion Method is mandatory for Proprietor or Partnership business engaged in Construction activity In case of Partnership business site is 90 complete as on 31st

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Assets purchased below rs.5000/-depr in slm method

Thanks Mr Ganesh Babuji for your reply on my previous mail please tell me whether any type of assets purchased below Rs 5 000 what is the depreciation amount

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Reverse Charge Methodology under Service tax

style2 font style italic font weight bold The responsibility to pay service Tax With effect from 1st July 2012 The Government of India has notified the concept called reverse charge Methodology A brie

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Combination of Costing Strategies and Methods

Costing methods used in combination can be used as a devastating weapon for creation of economically and social benefits But its often misunderstood and miss represented which leads to further poor un

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Various methods of Project finance

Introduction For whom is it important to understand project finance a Financial managers b Sponsors c Lenders d Consultants and practitioners e Project managers f Builders g Suppliers h Engineers i Re

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Basic methodology to succeed in CA exams

One thing that CA students love to discuss the most is How to clear CA Exams Everyone seems to have the best answer but considering the pass percentage I think the success mantra is yet to be unearthe

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PPP Contracts: "Swiss Challenge Method" and The Indian Law

Infrastructure development projects in the past were thought of as a way of providing infrastructure at no extra cost to the public For this reason the projects used to be generally investigated desig

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Updated on : 6/21/2013 9:40:59 AM

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