Dear Experts ,will the depreciation on FA purchased in cash exceeding Rs 20000 be disallowed under the income tax act , i will be grateful for your timely solution..
Answer nowdear sir,
when it is needed to calculate deffered tax
deffered tax is due to timing difference but when it is needed to calculate
means is their any time bound
or
it is depend upon turnover
or
it is depend upon loss and profit of company
can newly opened company also calculate deffered tax after one assessment year
Is term/tution fees paid by the student parent to the foreighn university in New York is liable for TDS u/s 195.
Also what are the compliances should be taken care of before issuing certificate u/s 15CB & CA.
Kindly provide us the reference of any circulars or guidance notes.
Please quote any of the case law where assessee is following mercantile accounting system but in order to account for interest assessee has used cash accounting system???
Whether such method of accounting is allowed or not??
If allowed kindly quote any relevant case law
will tds be deducted on flex printing and other hoardings. designs are provided by us. bills raised by the party include vat and no labour portion is specified. the printed material is used as advertisement. any material required is acquired by the party itself and the finished product is delivered as per our specifications. will tds be deducted u/s 194C
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Dear sir,
one of my clients (a partnership firm) is having a property registered in the name of the firm. The partnership firm is out of business for a long time now intends to get in to business back. The property is going for redevelopment. What should be done here to save tax on the above redeveloped property in the hands of the firm.
Dear Sir/Madam,
i am working in a manufacture company. here doing motor repair and rewinding work based on work order.My query is this work applicable TDS or Not,section etc.
Pl. clarify it.
Hi,
One of my Customer has an query related to availing LTA exemption for this year fy 2012-13.
Travel date and travelers details as below.
18-Oct-2012- His mother and father travel from CHIRALA (Native) TO BANGALORE via train and the fare was - 340.
18-Oct-2012 his wife and 2 daughter also travel from Bangalore to Delhi via airline with fare of 12930.
19-Oct-2012 his parents travel from Bangalore to Delhi via train and fare was Rs. 2840.
21-Oct-2012 along with his parents, Wife and daughter he also travel from H Nizamudin to Udaipur via train and on 24-Oct-2012 from Udaipur to Mumbai and the total cost of travel was Rs. 8285.
26-Oct-2012 along his family members he travel from Mumbai to Begampet that cost him Rs. 7895 via train.
28-Oct-2012 along his wife and daughter he traveled from Begampet to Bangalore which cost him Rs. 1303.
28-Oct-2013 his Parents travelled from Secundrabad to Chirala which costed him Rs.696.
Note:
He was on leave officially from 22-Oct-2012 to 25-Oct-2012. though the 21-oct-2012 was on Sunday he started his journey from 21-Oct-2012.
Kindly help me in calculating the LTA exemption for this FY 2012-13.
Thanks in advance.
will tds bw deducted on flex printing and hoardings. bills given by party include vat
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Allowance of depreciation on fa in cash