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can u pl tell me whether calculator is allowed in CPT EXAM or not
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Sir How to Caluculate vat while a Building developer give a sub contracts to do works, can u give me a example.
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MY FRIEND MR. HITESH REPLIED WELL ON WHY PROVIDE DEPR.
BUT I WONDER HOW MANY COMPANIES SET ASIDE THE AMOUNT SEPARATELY OR IN AN IDENTICAL WAY TO REPLACE THE ASSET ON BEING WORN OUT?
NOT MAJORITY COMPANIES.
SO THE QUESTION IS ECXCEPT TO REDUCE PROFITS AND PAY LESSER TAXES , THE REAL OBJECTIVE OF REPLACING AN ASSET ON BEING WORN OUT IS NOT ACHIEVED.
THUS EVEN THE CONCEPT OF CONTINUITY OF BUSINESS IS NOT FULLY ACHIEVABLE FOR A GOING CONCERN IF WE CANNOT FIND FUNDS TO REPLACE AN ASSET WHEN DUE.
IS NOT IT TIME TO MAKE IT MANDATORY TO SET ASIDE DEP. PROVIDED IN SEPARATE OR IDENTIFIABLE WAY TO COME TO OUR rescue?
regards
R.V.RAO
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We are importing goods on which we are paying excise to custom department. We are passing this excise to our customer at the same amount of excise. We are filing return of excise as trader & filing return as manufacturer nil. We are below 1 Crore turnover limit. Now I want to know about what are the rules applicable for filing return as trader, form no, time of filing monthly & annual return?
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we have taken security deposits while giving canteen premises and some kitchen equipments. Now the contractor's terms is over and we have recovered some amount from him for the missing items. The balane amount is paid back. The question is
1. The recovered amount is debited to security deposist account and credit is given to fixed asset Account.
2. While the missing item,s cost has to be removed from fixed asset account, a Journal entry debiting write off account and crediting fixed asset account is proposed.
By doing so, two credits are given to fixed assets are given. Please clarify.
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is industrial training necessary after 2yrs of articleshiptraining for a better career
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What Is deffered tax libilities and what is the treatment of account
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This Query has 3 replies
PWC or KPMG is a better to place to work from an intern's point of view?
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hi why we are charging depriciation on assets
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
CALCULATOR IN CPT