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i want to letter format of tds refund request for car insurance company
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In a partnership firm, can the interest on capital be charged on opening capital?
The deed specifies that interest on capital is allowed at 18%?
What is the maximum limit allowed?
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i deducted tds of my vendor but my vendor is asking form 13. plz help me what is form 13 n how can i provide them. i deducted tds under section 194c
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Is there any changes happened in group2 advanced accounts for nov`2014 attempt
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please provide me all the amendment appplicable for ca final nov 14
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A mobile purchased for rs.1350, so this is to be capitalised or not..please give me reason for the same
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For a private limited company, while filing Profession tax returns (maharasthra), a Rs.1000/- late return filing fee was paid. So what will be the journal entry for the same and will it be consider as Indirect expenses?
Also the PTEC of Rs.2,500/- paid for Profession tax will be an indirect expense allowed to be deductable from profit and loss?
This Query has 3 replies
A company was charging depreciation on wdv method of income tax in books from year of incorporation. this year it has changed the method of depreciation to straight line method of companies act with retrospective effect. as a result depreciation saved(cr) has been charged to profit and loss account.
My query is (i) whether the deferred tax will be calculated considering differences of depreciation of all the years or difference of current year only.
(ii) whether deferred tax also be calculated on depreciation saved and added back to profit and loss account.
pls reply urgently.
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Dear Experts
we have purchased goods from outside state against form C 2% CST RS 1820.00. We have sold goods under output tax VAT Rs 130000 & CST Rs. 97000.Now my query is that can i adjust this input tax Rs 1820.00 against my output tax VAT & CST amount?
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