Our company spent more than 8 Lakhs for interior work.

My question is : 1. Can we capitalise the above expenditure ?

if yes,

1.What is the rate of Depreciation?
2.Which is the accounting head the above be capitalised?

Regards,

Joseph

One employee of SBI was voluntarily retired and disbursed his housing loan which was standing against him and claimed exemption u/s 24 in the return.Whether it is admissible or not? If Yes so kindly quote the section.

What is the difference between NRO A/c and NRE A/c?From which a/c amount must be transfered to PIS A/c for investment in Mutual Funds and Shares and to which a/c Foreign Remittence recd must be credited?

What is the Procedure for appointment of mangaing director or whole time director in the private company?
Can a person other than person who is director in company be appointed as managing director?

Can a US entity start its sales company in India through a registered company in India(B2C)? What are the tax implication on pricing the I.T.good in India through a subsidiary company?

In a Pharama Manufacturing unit, dye blocks are purchased for production. These are used for around 50-60 lakhs tablets. After that they obsolete having no value. My query is that how it is to be accounted for.It is to be treated as fixed asset and dep. to be charged or to be taken to stocks or anything else.
Plz ans
thanx

Hello,

i want to know about service tax setoff against excise availed journal entry
explain the jv

I AM AN OWNER OF A PROPERTY AND I HAVE APPOINTED A PVT LTD CO TO DEVOLOP A COMPLEX .MY QUESTION IS WHEATHER SERVICE TAX IS LEVIABLE WHEN:
1) I AM A SHARE HOLDER OF THAT CO
2) I AM NOT RELATED TO THIS COMPANY?

Hi,
Can i get help w.r.t notes which we can give to an association of persons having Different Hotels as there members. There main source of Fund is subscriptions from Memebers & contribution for other events undertaken by association.
They dont have much expenses. only expenses related to events undertaken.
What opinion a CA can give on this which has to be presented in front of the members.
Thanks Regards
CA.Manisha

In a Pvt. Ltd CO., the Authorised and Paid up share capital was Rs. 100000 on 31-3-2008. On 2-6-2008, the Authorised share capital is increased to Rs. 2500000. The Paid up share capital is Rs. 1200000 on 15-6-2008.The AGM was held on 29-09-2008. My query is that whether there Form 66 is to be filed with ROC or not.
Plz Ans.
Thanx