Aditi
25 July 2008 at 16:12

Calculation of depreciation

Under Income Tax Act, the depreciation will be calculated taking into consideration the criteria of 180 days.
(i.e. even if the asset use is only for 1 month then also we have to provide half years depre.)
Is there any provision similar to this in the Companies Act for calculation of depreciation (i.e. condition of 180days). Or can we depreciate the asset for the period it was in use? i.e. if the asset is in use for 4 months, then can we calculate the proportionate rate for 4 months?


Aditi
25 July 2008 at 16:12

Calculation of depreciation

Under Income Tax Act, the depreciation will be calculated taking into consideration the criteria of 180 days.
(i.e. even if the asset use is only for 1 month then also we have to provide half years depre.)
Is there any provision similar to this in the Companies Act for calculation of depreciation (i.e. condition of 180days). Or can we depreciate the asset for the period it was in use? i.e. if the asset is in use for 4 months, then can we calculate the proportionate rate for 4 months?


jyoti
25 July 2008 at 15:09

address change certificaate

When we change the name & address of registered co., do we get address change certificate separately ?

I need reply urgent


siva kumar
24 July 2008 at 16:34

Audit Report - Caro 2003

while preparing audit report as per caro 2003. We will start the report as:

To the "Member of the Company"

please explain the word "Member of the Company". Whether the meaning is defined in the caro or elsewhere.


siva kumar
24 July 2008 at 16:33

Audit Report - CARO 2003


while preparing audit report as per caro 2003. We will start the report as:

To the "Member of the Company"

please explain the word "Member of the Company". Whether the meaning is defined in the caro or elsewhere.


siva kumar
24 July 2008 at 16:32

Audit Report - CARO 2003


while preparing audit report as per caro 2003. We will start the report as:

To the "Member of the Company"

please explain the word "Member of the Company". Whether the meaning is defined in the caro or elsewhere.


ankitha
23 July 2008 at 14:37

Investment company

Dear Member,

I would like to know if a pvt company which is basically an real estate company, invest in share of other companies for an amount of 13 crores or more (Different companies)will it be come under the preview of Investment company as per SEBI or NSDL and will it require certain formalities to be undertaken before making such investment. Plz note the other incidiental objects of MOA authorises the company to purchase share in other companies.

Rgds
Ankitha


Gauri CS, LL.B

Hello,
If a public limited co. engage in IT, wants to introduce a sub clause business relating to media. it has one of its subsidiary at malayasia...it has started a TV channel....it has to give notice in AGM...what will be resolution contents to be passed in AGM


H S Venkatesh

Please outline the step by step procedures for converting public limited company to private limited company


Kaushik
17 July 2008 at 19:07

Authorised share capital

If I am looking to increase the authorised share capital of a company, and I also want to issue shares at a premium to the investor who is coming into the company, does the authorised capital have to include such premium amount? How much will be my stamp duty and ROC Fees? Will the premium amount have to be included in the computation of such stamp duty and ROC fees? Thanks.





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