Kindly guide about the concept of amortisation (of assets). Thanks.

Hello everyone

I want to ask about marginal relief? I understood what is marginal relief but at the time of calculating I am getting confused with the upper limit of marginal relief.
To simplify,say marginal relief is available for 1,02,00,000 but not for 1,04,00,000. How is it calculated? I want to know how marginal relief's upper limit is decided or is it restricted by some percentage or something else ?? Please solve my query.

Thanks in advance.

I wanted to join articleship under Direct entry scheme I have completed my M.com also with good percentage of marks but i still find in Chennai where i reside there are some firms they don't take articles under direct entry scheme they take people who have passed IPCC both the groups any particular reason for this policy which these firms are having.

according to bombay high court decision....indexation can be claimed from the year in which assets are acquired by the previous owner..... but according to study mat of icai.....cost are indexed from the year in which assets was acquired by the assesse.... pls tell me what is applicable for exam... pls

sir,

if any profession income is stop when he retired from this profession then if he don't file return that year IT return & next year he get income form other sources then he can file IT return for only that source? P.Y. return also file or not I mean to say one year he could not file return

I think (not sure) while registering for ipcc I made a dd for rs. 12000 which probably included articeship fee... moreover I don't remember the dd no. and date... I am in a huge mess.. is there any way of assuring myself now ???

Dear Friends

We are interior designers and architects.

Recently we got our own office constructed in Mumbai.

Can we take VAT input on various capital items used in our office viz: furniture fixtures, computers, UPS, gensets, lifts etc

Thanks in advance.

i have submitted form 108 for articleship complted in feb 25th feb 2014..excess leave come around 20 days.i hav e served this period as continuation of original period. but fails to take franking on form 107 dated 26th feb 2014..i have stamp paper of jan 2014 month ...my principal is ready to sign on this stamper n form 107..can i submit form 107 for with this stamp paper? plz reply

what are the prerequisites for making an application for registration under section 12A for NGO...whether a newly registered ngo is eligible for making such application..plz give me your valuable advice...thanx in advance

our company got the notice from tds cpc regarding company have booked tds over. hence I have verified tds consolidated file. I found one mistake in that. in July month tds 7000 deducted and paid in next month 7th of Aug. but in tds return wrongly mentioned tds challn details that is 7th July paid challn. my question is how to rectify. pls suggest me