how to charge Depriciation as per new co act 2013 on existing assets
For example remaining carrying value of the asset is 50% of the original cost and the remaining useful life is zero as per Schedule II, then what will be treatment of the 50% remaining value? Should it be charged to reserves?
Regards
Dear all
Please let me the ways of how to increase the cash in hand bonafidely.
Regards
Pradeep Kumar
whether reverse charge will applicable in case where we have entered contract for hire of vehicle for the purpose of transportation of goods.
Kindly Suggest
We have dealer registration for our trading unit under Excise /DVAT since January 2012.
Recently we got Notice for Internal Audit for 5 years. Upon clearing about obtaining the Excise reg.certificate in January 2012 and hence our Audit is not due, we are getting phone calls and mails to submit Annexure B for the Internal Audit.
please suggest if our Unit Fall in the tenure of 2 year Audit programme.
Reg Acquired : 23 Jan 2012
DO let me know if any other Information is also required to answer this Query
Regards
Sachin
Respected expert desk,
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Depriciation as per new co act 2013