1. why profit on sale of fixed assets is transferred to p&l a/c and not to capital reserve(as 10)
2. why cg on depreciable asset is treated as short term u/s50
dear sir
an assessee have income sec 194c Rs 26700
and 194j 46784. so in itr-4 in nature of business schedule what I select PROFESSIONALS OR TECNICAL SERVICES OR PAYMENT TO CONTRACTORS? PLEASE ADVICE ME. thanks.......
SIR,
I HAD SENT MY DETAILS TO ICAI FOR ARTICLESHIP REGISTRATION ON 5NOV, BUT TILL NOW I DIDNOT RECIEVED ANY LETTER FROM ICAI..BUT MY REGISTRATION IS SHOWING IN MEMBER SHIP DETAILS. IS THERE NO PROBLEM WITH IT AND IT IS SHOWING 31-10-2013
EDLI charges are supposed to be calcualted on pensionable salary or BASIC + DA?
For e.g.
Basic-7000 DA-3000
EDLI will be:
a) 10000*0.5%= 50 or
b) 6500*0.5%= 32.5
In the same manner, on what amount Admin charges and EDLI admin charges are to be calcualted?
Dear Sir
I have forgotten my Email ID & password .
How I will reset my password and able to get new password in my current mail address . The system generated password is going to registered mail address which is not possible to access by me. Please help me.
My company cleared goods to SEZ unit without payment of duty without LUT. Now the excise officer is demanding duty for clearances to SEZ though they are deemed exports and cleared under ARE1. How do we come out of this situation?.Is the Officer right in demanding duty
does builder can be treated as contracter and if not is there any A.S. or Guidance note on accounting of transaction?
bcoz as per me builder sells the building and land much before it gets completed so in substance lateron it works on behalf of buyer so is he can be governed by AS7?
whether interest on NRE FD with bank is exempt in case of NRI for AY 10-11,11-12,12-13 and 13-14.
Dear Sir /Madam
If person sell 54 EC bonds after taking deduction against Long term capital gain???
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Profit on sale of fixed assets