KUMAR
19 December 2014 at 21:15

Tds transport rate

how much tds will be deduct for contract transport in our company


Vinay
19 December 2014 at 16:47

Capatilization

Dear All

One of my client has planted bamboo tress worth Rs1.50 lakhs to absorb waste water discharged by its factory. Life of bamboo trees is estimated to be 15 years. Should it be treated as Fixed asset or not?

regards,
Vinay


riddhi
19 December 2014 at 12:28

Accounts

For HRA
How to write it in the computation

HRA Paid by the employer (included in salary) - HRA rebate (shown as deduction)

is this the correct treatment?



Anonymous

Dear Sir/Madam,

In Last financial year i.e for 2013-14, my client has used the old depreciation rates and complied with the rates as prescribe in Companies Act.

But in current year i.e F.Y 14-15, they are not compiled with new rates as per Companies Act,2013.
Depreciation is charged as per old rates only i.e on SLM basis till September 2014.
System used by them is unable to give retrospective effect.

So how to find the correct depreciation?
And what would be the accounting treatment for the same?


Gajender Singh
19 December 2014 at 01:32

Tally problem

I am trying to migrate tally 7.2 data but I am facing migration.err again and again please help me how can I resolve this



Anonymous
18 December 2014 at 22:20

Car gift to wife

Mr.X(Husband)in his book of A/c.take a Car and after 5 years paying full loan.Can He gift car to wife (Transfer necessary paper)only for book entry?


venkata akarsh.grandhi
18 December 2014 at 19:22

Land & buildings

HI to all..

in the previous year company had purchased a land and shown in balance sheet respectively.
in the present financial year they built one building on the said land.....

at the end of the financial year:
1) whether, can show land and buildings seperately with their values or collectively.

how to show in accounts and as well as in income tax.


Gajender Singh
18 December 2014 at 16:12

Wct

please explain about WCT and where wct is applicable & rate of %



Anonymous
18 December 2014 at 15:45

Money under litigation

Hi,

Need a clarification on the below subject. It would be great if somebody can help me on the issue:

In case a client has filed an arbitration case against the company. The arbitrator rules the case in the client's favour. The exchange debits the broker and keeps the money in escrow account. The order is challenged and an appeal is filed against the order. The appellate arbitrator rules it in company's favour. The money is still lying in the escrow account which exchange will keep on hold.

The query is whether the money kept in escrow account be treated as expense. Also suggest what would be the situation in case the suit would be appealed by the client in the high court and would be pending for trial with High court at the year end.

Please suggest



Anonymous
18 December 2014 at 14:45

Vat and cst

suppose my organization situated in gujarat.and we have work at mumbai site..so if my employee purchases material vat@5% rs 100000 from mumbai site
dr-purchase@5%-100000
dr-input cst@5%-5000
cr-supplier-105000.
is it right?\






CCI Pro



Answer Query

Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details