Hi Friends,
a piping contractor in tax audit ac asset is sold from the balance sheet ac the Profit of Loss calculated is after dep. or No Dep.
Eg: Truck Rs.50000.00 Dt:1/4/2008 is sold in 30/9/2008 for Rs.60000.00 there is a profit of Rs.10,000.00 should dep charged for 6 month or for the year 12 months. Profit on asset sale under which A/c Group in Tally.
Regards
Hi,
Iam student of ipcc appearing for nov exam.as per the new scheme of IPCC i need to undergo practical training after completing IPCC first Group.i've been working in a multi national manufacturing industry as an executive in finance & accounts dept from the last 2yrs .am i required to resign my job for practical training/Article ship of 3yrs or my work exp will be counted for any exemption in practical training like ICWAI.Pls clarify...
-Dharani
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I would be appearing in C.S Final(Group-I) old syllabus in December, 2009. Can anybody provide me with notes,suggested answers, important articles etc.
I have the following subjects in C.S Final(Group-I) old syllabus:-
1. Advanced Company Law.
2. Secretarial Practice relating to Economic Law, Drafting and Conveyancing.
3. Secretarial, Management & System.
I would really be grateful if somebody can guide me in preparing for the exams & sends me the above as ASAP in my email id: arijitroy_19@yahoo.co.in. please help...
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Dear Sir,
One of my client is an educational instutitional and they are paying annual licence fee for a particular educational software i.e. purchasing right to use for the software every year and the vendor is also issuing sale invoice for right to use e.f. Right to use 20000 + CST 10% 2000 = 22000.
Please advise whether tds to be deducted or not. If deductible than under which section and what rate?
Regards,
Azad Bhalla
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
sale of Asset