Dear Sir,

How to calculate on Depreciation for FBT purpose.

W.D.V as on 01.04.07 Rs. 1035904/-
Assets addition Rs. 450000/- as on 01.09.07
All assets sold 20.12.07 Rs. 1690000/-

Block of Motor Car is Nil
Please calculation on depreciation ?

Regards
Satyajit Roy Chowdhury

in the formula using in calculation of EOQ


doesn`t the "order cost per order" is variable that depends upon the quantity that which we find by solving the formula.

please give me solution experts and students.

Dear Sir/Mam,

We are into Hazardous Waste Management. We would like to know whether Service Tax is applicable for the Transportation of Hazardous Waste.
Also, Please specify the details as applicable.

Thanking you,

With Regards,
MEPL

Dear friends,

Pls give more details on CA coaching classes in Bangalore, especialy for Final & PCC (Except Yeshas.)& share ur experiance about quality of teaching too.

re,
Arun Dongre

Please suggest me refernce books/notes for c.a. final first group may,08 term.

NRI wants to purchase a residential property in India.
Please narrate what all things needs to be taken care in respect of above.
Is any RBI permission required for the same?

An assessee held certain shares as capital assets. It was converted into stock in trade on 01.04.2006. Cost of acquisition was Rs.20.00 Lacs and f.m.v. as on date of conversion was Rs.18.00 Lacs. As per section 45(2) the capital gain is Nil (Loss of Rs. 2.00 Lacs). The assessee converted these shares on cost of acquisition of Rs.20.00 Lacs. These shares were then sold for Rs. 25.00 Lacs. Assessee declared a Profit from business of Rs. 5.00 Lacs (Rs. 25.00-Rs.20.00 Lacs). The A.O. says that capital assets has to be converted at f.m.v. only and thus there is a profit of Rs. 7.00 Lacs (Rs. 25.00 lacs - Rs. 18.00 Lacs). Is the contention of A.O. correct? Is it necessary to convert capital assets into stock in trade at f.m.v. only? or it is an option available to assessee? Can tax be levied on a profit which never accrued to assessee. His actual gain is 5.00 Lacs and he paid tax on 5.00 lacs?

PLEASE DO INFORM WHEATHER THE PAN LIMITATION (i.e 70% and 90%)PRESCRIBED BY LAW is really mandatory or there is some way out to file the return if PAN are less than the requirement.

Best Wishes,
CA Gaurav Rajput
M NO. 09411570320
e mail: cagauravrajput@gmail.com

WHAT IS TRIAL AND ERROR METHOD (methods available for dealing with reciprocal services in cost accounting)? EXPLAIN IT WITH A SUITABLE EXAMPLE.

1).what is the maximum no of directors in (p) & Public LTD Companies?
2.)my friend is an insurance agent and he is having PAN no and filing his return of income in insurance agent status and he is doing CA and he is qualified for CA but as per CA institute Rules CA should not do any other job other than CA as full time practice my question is
a) can he surrendre the PAN of insurance agent ?
b) can he apply for new PAN as a CHARTERED ACCOUNTANT ?
3).My grand father bought US-64 6.6% tax free bond in 1990 at present i afford to sell such entire bond weather there will be capital gain or not? since it is given Tax free bond.