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rtm
This Query has 6 replies

This Query has 6 replies

28 February 2015 at 17:12

Depreciation

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


sumit kangsa banik
This Query has 2 replies

This Query has 2 replies

28 February 2015 at 02:14

Accounting amendment for may 15

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


napa haripriya
This Query has 2 replies

This Query has 2 replies

27 February 2015 at 23:19

Regarding articleship

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


Jitendra
This Query has 1 replies

This Query has 1 replies

27 February 2015 at 16:51

Depreciation as per companies act 2013

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.


Nagaraja S Hegde
This Query has 5 replies

This Query has 5 replies

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.


Rashi R. Jain
This Query has 2 replies

This Query has 2 replies

26 February 2015 at 16:54

60 / 60 + marks required in gcl

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+ ......????


Rashi R. Jain
This Query has 1 replies

This Query has 1 replies

26 February 2015 at 16:45

Icsi ch. aurangabad

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???



Anonymous
This Query has 1 replies

This Query has 1 replies

26 February 2015 at 15:12

Home loan emi

Dear Sir,

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

Thanks


riddhi
This Query has 1 replies

This Query has 1 replies

26 February 2015 at 14:50

Tally 9

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"


Rashi R. Jain
This Query has 2 replies

This Query has 2 replies

26 February 2015 at 14:12

Wether m qualifed or not??

my CS executive (old syllabus) grp 1 result is 154mks i got in GCL - 41 co. and cost acc-54; n tax laws- 59 my question z..js bcz i hav not got 60mks...m i suppose to giv again grp1 of new syllabus????






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