Can a company make Annual Accounts charging depreciation as per IT Act and not as per Company Act
All dear Sir if cheque paid to any person ( he is taxi owner and give car to our cab co.and we pay cheque in monthly basis and he is unregistered person) then should i have to pay tax under RCM ?
Our society made a profit of Rs.5Lakh in FY16-17. We have to transfer this amount to share capital ? And pls tell the entry. Thanks
I AM MEDICAL PRACTITIONER ALSO DISPENSE MEDICINES IN MY CLINIC. MY QUERY IS-
GST NO APPLICABLE FOR ME ?
SHOULD I APPLY FOR GST NO ?
why sole proprietors in India use a current account for their business, rather than a savings account, to avoid interest.
I don't understand why — if you account for the interest properly and pay tax on it, it shouldn't be a problem, right? I won't have a transaction every day on this account, so a savings account should be fine. I see no reason to refuse the interest if I can earn it
i am a medical professional.should i need current account ?
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sir i have a doubt regarding vehicle maintenance relating to a vehicle owned by the company but it is used by ex-employee now worked as a consultant in the same company. is it allowed as company's expense or it become charged as remuneration in kind to the consultant?
what should be the treatement of normal loss in due to evaporation in petrolium firms??
1)Treatment of interst on capital and salary received fm limited liability partnership firm in personal books of accounts of partner 2)can partner show as business income and claim all deductions
Dear all, I am working in a shipping company registered at delhi and provides services to vessels at different ports, like Mumbai and Gujrat ports. Debtors are foreign principles. Service actually rendered at port itself.Plz advise what will be the place of supply and what tax should be discharged.ThanksVipin Kr.
Hello Sir/madam,
Whether Tools and Equipment's having purchase value of less than 1000 should be capitalized or expense out.
what should be the criteria for capitalizing such asset.
thanks in advance!!!
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Depreciation