Is there any major amendments in advance account(ipcc)?

what will depreciation rate for solar plant machinery for fy 2014-15

Can any1 plz give the proper link to download IPCC accounting amendment fr may15 plz..

I want to apply for Articleship in kpmg ,how do I proceed .if I check the company's profile,there is no proper mail ID to send my resume

Dear Sir,

Please note that we are currently following depreciation policy as under.

Can anybody please tell me hoe can we comply to Schedule II to Companies act 2013.



Depreciation on fixed assets is calculated on a straight-line basis using the rates arrived at based on the useful lives estimated by the management, or those prescribed under the Schedule XIV to the Companies Act, 1956, whichever is higher. The Company has used the following rates to provide depreciation on its fixed assets.

Asset type Estimated asset useful life
Leasehold improvements lease term or 15 years whichever is less
Office equipment 5 years
Furniture and fixtures 10 years
Computers (Servers and storage) 4 years
Computers (Others) 3 years
Computer Software 3 years


Art assets are not depreciated under the current practice.

No depreciation is provided for the month in which the asset is sold or disposed.

Tangible assets having an original cost not exceeding Rs.0.68 Lakhs per unit/item are depreciated at 100% in the month of acquisition except those assets purchased as part of a major capital outlay, in which case they are depreciated at the above mentioned rates. Computer Software having an original cost not exceeding Rs.67.50 Lakhs in aggregate are depreciated at 100% in the month of acquisition. In case if computer software is purchased as part of a major capital outlay then irrespective of amount of computer software it will be depreciated at the above mentioned rates.

Depreciation rates are changed now because of Companies Act 2013.My question is whether we should go for retrospective re-computation of depreciation from the date of assets put to use.Thanks in advance.

Sir, is their any clause that student of Cs exec old syllabus shuld score in GCL atleast 60 marks to get eligible to next grp 2 of new syllabuss?? if a student scores in tax laws- 59, comp. n cost a/cs - 57 n In GCL - 46...so being gettin more than 150, still he/she is required to giv 1nce again grp 1 of new syllabus js bcz he/she did not score in GCL 60/60+ ......????

sir, i enquired at icsi chap. of aurangabad...dey said dat i hav to giv once again cs exec grp 1 of new syllabus since i did not scored 60/60+ mks..... sir...plzzz help me out , wat exactly shuld i do???

Dear Sir,

Under current a/c every month EMI withdraw for HOme loan .
Plz explain entry with details.

Thanks

I have received it refund but when i enter it in tally

Bank
To IT Refund
This error is coming

"Incorrect ledger selected in bank allocation screen"