Daya
20 November 2023 at 19:59

Depreciation on second hand fixed assets

whether depreciation On Purchase value including its installation cost , repairs on it and freight cost (if any).


Daya

is depreciation charge on put to use when assets require installation/Fitting
Like plant and Machinery, Electric Fitting , Building
is depreciation charges on put to use when assets received on ready made received Like Furniture etc.


Suresh S. Tejwani
20 November 2023 at 19:42

REGARDING UDHAM REGISTRATION

AT THE TIME REGISTRATION OF ASSESSE IN UDHYAM SITE FOLLOWING ERROR IS SHOWING:
There is error in Aadhaar Validation/Authentication.
Error Code: Pi (basic) attributes of demographic data did not match. 100
2) Your Aadhaar has not been validated hence you cannot register Udyam.
3) Please Visit Your Nearest Aadhaar Enrolment Centre.

KINDLY SHARE WHETHER ANY SOLUTION FOR THAT?


Daya
20 November 2023 at 19:22

Amortization on intangible assets

whether Amortization of an Intangible Assets is depends upon Finite useful life or Indefinite useful life. which AS says.


Kollipara Sundaraiah

sir,
It assessee single premium sum assured value rs:6 lacs pay to single premium rs:433212/-for 2013 year
2016 year :90000/- amount received 2019 year :90000/ amount received- 2022 year :490000/- amount received.
Question:
assessee amount lic of india taxble applicable amount in it act.


Mahesh Jadhav
20 November 2023 at 16:21

Insurance Entry - Mismatch

How to pass Insurance Mediclaim entry in books ?

Because we are debiting an amount to P & L, which is not matching with actual insurance taken from Insurance Company


Srinivasa Joshi
20 November 2023 at 16:16

DRC - 07 payment and set off

Dear Sir
we have received DRC-07 against audit, how to pay and set off the liability,
please do the needful.
Thanking you
Yours faithfully
Srinivasa Joshi


SHAHNH
20 November 2023 at 14:52

New Tax System

Hello! Experts,

If my deposit interest income and short-term capital gains in FY24 add up to about ₹6 lakh, do I still need to pay STCG tax and file returns for A.Y. : 2024-25?

Thanks in advance


Avik Banerjee
20 November 2023 at 14:44

Practical calculation of VDA

sir,

Expert can any body tell me about calculation of Vda Tax Manually


MONIKA SALHOTRA

While paying GST old outstanding liability which was highlighted during the course of Income tax return filing, the cause of payment selected should be Voluntary payment or Reconciliation Statement?






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