sudershan
22 June 2013 at 12:47

Depriciation

good afternoon sir/ madam ,

here i am requesting you to explin me the depriciation provisions on fixed assets for companies. my doubt is what depriciation to be shown in books i.e dep under companies act or dep under it act and waht will be the asset value to be shown after depriciation .please explain me with examples

regards

sudershan



Anonymous
22 June 2013 at 12:45

Is it allowed?

is doctor allowed to enter into partnership business with any other non doctor paerson????


Chitrank Gupta
22 June 2013 at 12:42

Capital gain

I purchased a property from builder and make payments in instalment in full before the possession(in 4 yrs). And the possession received 2 yrs ago. When the property sold out after 2yrs of possession is treated as LTCG or not. Can we take a Indexation on payments or not? Tell me the reason with appropraite case law if its possible.



Anonymous

I paid Tax, interest and Education Cess Wrongly bt the whole amt of Tax payable was Correct individually the break ups of tax, cess, interest is wrng bt combinedly the aggregate amt was correct.
There is another mistake that i paid the tax for AY 2011-12 to Ay 2010-11 Can anybody please suggest me solution



Anonymous
22 June 2013 at 12:19

Tds on clearing agents

Whether TDS on contractors will be deducted on CLearing & Forwarding Agents( who pay custom duty on our behalf)...???



Anonymous
22 June 2013 at 12:16

Trade license

What is trade license ? Why it is required?.Should i apply for trade license ( if i am in MLM business -tradind of Cosmetics goods )


CA Sanjana arora
22 June 2013 at 12:06

Export under rule 18

we have exported some items and paid excise duty on them under rebate claim..so what should be the accounting treatment of excise duty paid can i use it as cenvat credit or not.


vikash kumar singh
22 June 2013 at 11:58

Dividend distribution tax - credit

Dear all,



My query is regarding the DDT - Credit



case is -

amalgamating company distributing dividend to amalgamated comapny who is holding of amagamating company.



since dividend is paid after appointment date of scheme but before effective date of scheme.



after the effective date, company will be one company, that means company paid dividend to itself on which it paid DDT, which is illogical, can amalgamated company claim for Credit for tax paid on didvidend.



Kindly reply



Regards

Vikash


Nitesh Nahar

The company is registered on 29.03.2012 with the fund of state govt amounting 5 crore.
the all 500000 shares of 100 each is subscribed in MOA.
The first installment of 60 lacs is received upto 31.03.2013
My query is what will be the paid up value of the company & from which period the income & expenditure accounts will be prepared.


CA Sanjana arora
22 June 2013 at 11:53

Depb credit

hiiii...we have exported some items on which DEPB credit facility is available it is 1% on the value of our product.and we have received some of them but other applications is pending..so in what account i should credit the received amount as income and what should be the accounting treatment of pending application..hows it will be presented in balance sheet.






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