unabsorbed depreciation

News

ICAI-President's Message - October 2013


Dear Friends I am writing my message with a sense of relief that the Indian rupee has become stronger after a brief but acute depreciation A slew of measures announced by the new RBI Governor Shri Rag

Full Story

Income-tax (Fourth Amendment Rules, 2012 - Depreciation restricted to 15% on wind mills installed after 31-3-2012


Notification No 15 2012 F No 149 21 2010 SO TPL S O 694 E Dated 30 3 2012 In exercise of the powers conferred by section 295 of the Income tax Act 1961 43 of 1961 the Central Board of Direct Taxes her

Full Story

Rupee's depreciation to hamper private equity exits


With rupees outlook being weak i bankers are being cautious with deals already in pipeline Already bogged down by poor market conditions and a slowing economy deal makers in India have a new worrya fa

Full Story

RBI careful of using forex reserves to support rupee


The Reserve Bank of India will be careful about using foreign exchange reserves aggressively to protect depreciation of the rupee Subir Gokarn a deputy governor of the Reserve Bank of India told telev

Full Story

Depreciation for the purpose of declaration of Dividend u/s 205 in case of companies referred to in Section 616 (C ) of the Companies Act, 1956


General Circular No 31 2011 No 51 23 2011 CL III Government of India Ministry of Corporate Affairs 5th floor A Wing Shastri Bhavan Dr R P Road New Delhi 110 001 Dated 31st May 2011 To All Regional Dir

Full Story

More News

Experts Opinions

Depreciation


hi all if I acquired and install 100 depreciable assests on 31 12 15 then in case what is depreciation rate and can I eligible for additional dep what is effective dep rate for py16 17

Read Expert Opinion

Ind-as16- depreciation charge on revalued asset


What would be the treatment of depreciation on revalued asset 1 Whether depreciation to the extent of revalued reserve will be directly charged from revaluation reserve to retained earning or 2 it wil

Read Expert Opinion

Depreciation for thermal power plant


A Public limited thermal power plant has to follow which act for compliance in accounting systems Depreciation rates whether Schedule II of Companies Act 2013 or Central Electricity regulatory commiss

Read Expert Opinion

Depreciations on sewing machine


my client having 40 sewing machines of RS 5lac wants to know that how much depreciation should be changed pls advise me thanks in advance

Read Expert Opinion

Change in depreciation rates


Dear Friends The company is registered under the companies act 1956 The company is in the business of power generation Now the company is going to start its commercial operation from February month No

Read Expert Opinion

Discussion

How to show depreciation in itr form 4

I am having assets and was doing business But after the half year I have closed the business in AY 2015 16 Please clarify should I charge full rate of depreciation as per income tax act or half rate F

Read full discussion

Depreciation method

we have an audit of trust in which assets have been depreciated as per companies act 1956 on SLM basis Now as the companies act 1956 dostn t exist How to provide depreciation if we do not want to foll

Read full discussion

Charging depreciation

Is charging depreciation on fixed assets is mandatory

Read full discussion

Depreciation at a lesser rate

Can a company can charge depreciation 25 instead of 80 on machinery power plant undertakings

Read full discussion

Question regarding additional depreciation in pgbp

BOOKS BEING ANNUAL PUBLICATION USED FOR LESS THAN 180 DAYS WILL ADDDITIONAL DEPRECIATION BE CHARGED OR NOT BECAUSE BOOKS IS UNDER THE PERVIEW OF PLANT AND MACHINERY

Read full discussion


More Messages




File Download

  • Depreciation chart as per Companies Act,2013

    Simply calculate depreciation just putting the value and modified it as per users need

    Download

  • Depreciation Calculator as per Companies Act 2013

    Depreciation

    Download

  • Document Management addon for Tally

    Greetings fellow forum members Let me thank you for your valuable support advice and feedback on our first addon Continuing with the same we wish to present you with our new addon Document Management System Experience has taught accountants and buisnessmen to have ready access to documents related to all entries in an accounting system We have come up with an addon specifically to address such issues We present this Document Management addon a useful tool for people who wish to attach any bills invoices cerificates etc i e any file you wish to attach with any accounting entry as a supporting document or evidence Thus it helps for future reference for accountants and also for audit purposes for auditors This addon is a trial version which only works for contra entries as well as masters If you wish to attach any documentary evidence for withdrawal of cash from bank or vice versa you can attach scanned copy camera captured image of the deposit slip withdrawal slip For people who wish to attach supplier or vendor details say TDS certificates or VAT service tax certificates they can attach any such documents during creation or alteration of such masters This can be applied to many areas say assets where bills invoices may be attached or excel sheets having depreciation calculations can be attached The Paid version of this addon can be used for all voucher types We hope that this trial version will convince you of the full potential of this addon In case of any query or feedback please feel free to communicate Regards CA Deepak Agarwal Gyrotech info gyrotech in 7738286611

    Download

  • Deferred Tax on Depreciation

    Summary of How to calculate Deferred Tax Asset Liability under AS 22

    Download

  • Depreciation without date of acquisition

    Depreciation if date of acquisition of asset is not known 100 percent accurate

    Download


More Files

Articles

Lease and Depreciation claim-An analysis


Lease and Depreciation claim An analysis Lease nowadays a method of using the tangible material or equipment like Machinery Vehicles and in a nature of like assets Instead of buying the same the lesse


Full Article

Yuan - Depreciation; Is a Trick?


It was not surprise for many who were expecting devaluation of Chinese Currency Yuan however for them also the magnitude of devaluation was surprise Yuan has weaken by 4 0 against US within a period o


Full Article

Depressed due to depreciation


Karneeti Part 107 Depressed due to Depreciation Arjuna Fictional Character Krishna it is said that there is drastic change in the provision of calculation of depreciation according to New Companies Ac


Full Article

FAQs while calculating depreciation as per Co. Act, 2013


INTRODUCTION Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life The depreciable amount of an asset is the cost of an asset or other amount substituted


Full Article

Depreciation under Companies Act, 2013


SCHEDULE II OF THE COMPANIES ACT 2013 DEPRECIATION AND THE PRACTICAL IMPLICATION So Friends the time for Preparation of the first financial statements as per Companies Act is here One of the most impo


Full Article

More Articles


Updated on : 12/17/2015 8:56:09 AM



close x