Dear friends

pls clarify me regarding the asset can be depreciated only upto 95% value of the asset something like that.

pls explain in detail with reference to sections.


With regards

Sreedhar(CA-Final)

Dear sir

any notification issued by board for transition for ca pe ii came from
Non-pe i stream or by any other ,Since institue has not issued any details for transition for others than people came from pe i .to pe ii????????if not wat is the position of a candidate who completed 1st group in pe ii .whether he ll be allowed to take articleship and simultaneously appear for pcc???or he has to complete pcc on the other group.and then only articleship??

Where is a resident's welfare association supposed to file its balance sheet (other than income tax)?

I want to know whether the petrol using for running of motor pump at construction site attracts FBT?

E-payment has been made mandatory since 1st April 2008 onwards in case of comapnies and others required to be audited u/s 44AB of the Income Tax Act 1961. But banks are accepting the TDS deposited manually through Challans. Will this be accepted as proper deposit of TDS under the Income TAx Act 1961. Is there any circular which says whether or not the same will be allowed and said to be TDS deposited properly.

E-payment has been made mandatory since 1st April 2008 onwards in case of comapnies and others required to be audited u/s 44AB of the Income Tax Act 1961. But banks are accepting the TDS deposited manually through Challans. Will this be accepted as proper deposit of TDS under the Income TAx Act 1961. Is there any circular which says whether or not the same will be allowed and said to be TDS deposited properly.

is there vat applicable on job work

If a non resident commission agent is providing service of buying inputs outside India for a manufacturing company in India, whether the indian co. need to pay service tax on his behalf. In this case the service is provided outside India and is received outside india.

A company pays salary to its employees on 10th of every subsequent month.however accounts for the salary in the same month.Now when does the TDS become due for payment? is it on 7th of the sussequent month or 17th?ie 7 days from date of payment?

sir ,Till date I havent filed any return but I have PAN card .In this i have got LIC claim amount on the policy of my father

I m a CA student & getting a stipend of Rs.4000pm also.
1. please tell me at what time i am required to file return regarding this amount(lic claim)?
2.if i file return ,am i required to file return every year? and
3.is this return goin to create any trouble for me ?