Accounts QnA - Page No 775

All Resolved Open

CA Abhishek Singh

29 September 2013 at 11:57

Can company adopt method and rate of dep of income tax act ?

Hello everyone,

one of my client a pvt ltd co has provided depreciation in the books at the rate prescribed under the income tax act.

so while computing his tax liability there is no difference in depreciation as per books and as per income tax act.

Is this treatment correct ?

Sachin B.Kumbhar

29 September 2013 at 10:48

Taxes

We are a manufacturer, buying Edge Cam Software for designing worth Rs.120000/- what will be taxes we need to pay for interstate purchases.

Vahid Ali

29 September 2013 at 01:39

Mvat

freight in sale bill mvat applicable are not please clearify this matter

Monica

29 September 2013 at 00:24

Calculation of capital employed

while computing average capital employed for valuation purposes do we need to reduce miscellaneous expenditure from sundry assets or not.. what is the reason for reducing

iftekhar alam

28 September 2013 at 22:46

Foreign accounting rule

hi I want to know about how to do foreign accounts

Anonymous

28 September 2013 at 22:39

Dep. as per co. act - wdv method

A Pvt ltd co. purchase 5 machines for 200000 lakh each on 1.4.2010. It charged dep. on 10 lakh as per co. act at wdv method. Now on 31.5.2011, it sold one machine. Then please tell the dep. as per co. act at wdv method for fy 2011-12.

Mayanka Agrawal

28 September 2013 at 11:45

Heads

we are in construction business as a company and use to transfer all exp. on non current investment under capital wip
as projet is long term
problem:
upto time we have not sown in inventories

what we can do?

kartik

28 September 2013 at 01:49

Tds return form

which form I can use for TDs return and how to file this.....

manish rajpurohit

27 September 2013 at 23:43

Mba

sir, what is qualificaton of mba my present situation iz..i clear 12th 63% nd b.com 47% den clear m.com 52 %...now what i do...augent

mukul

27 September 2013 at 16:29

Dep on fan

Dear sir,
Would fan be considered a part of plant and machinery or furniture and fixtures for providing dep both as per companies act and incone tax act and what would be the rate of dep.

Thank you