“The cost of an addition or extension to an existing asset which is of a capital nature and which becomes an integral part of the existing asset is usually added to its gross value.”
Can I get example on above statement.

I will be very much thankful to u.

What is provision for liabiluty on builder / developer in respect of Service Tax & Vat [Mvat] on sale of under construction flat & sale of completed flat (readymade flat).

Respected sir,
iam kumar compeleted 10 months articleship and took termination and i wasted 3 months for join in new firm.
my ca final attempt on may 2014, so i wasted 3 months then my attempt will be changed are not pls tell me iam waiting

Dear Sir

A is a cargo carrier company. It is providing cargo handling service to an exporter company B (exporter also is a cargo handling service provider) within India only. Is there any abatement on service tax which is to be charged by A from B.
In my case A is charging service tax @ 3.09%. Is it correct. Please give some legal support for the answer.

Please reply as soon as possible.

What is a relationship between below terms
1)Fixed asset 2)its Capitalisation 3)its Depreciation
I will be very much thankful to u.

NOC to be attached in form 18


No objection certificate is required from a director's mother, who is the legal owner of the property.

1. To use his premises as registered office of the company.

but without any rent.

Whether below statements are correct ?
All Revenue Expenditure are shown in Expenses ledger A/c & after adjustments (if any) Bal.fig is t/f to P&L A/c (Dr side).
All Revenue Receipts are shown in Income ledger A/c & after adjustments (if any) Bal.fig is t/f to P&L A/c (Cr side).
All Capital Expenditure & Capital Receipts are shown in Asset ledger A/c & that to also in Fixed Asset & Investment A/c & after adjustments (If any) then Bal.fig is Carry forward to Balance sheet.
I will be very much thankful to u.

My company's M.D. want to lease a car from an operating lease company.

I want to know whether the service tax on lease rent paid by my company on car leasing can be taken as input tax credit ?

have a nice day, My Client on Agrement Received on Rent a Marriage home Place with serive tax, can client laibilty pay service tax. if yes, so how can calucate this (paid serive tax-received tax=Payment)

Hello Friends,

Any one please tell me whether i can do Industrial Training in my Article Ship or not as i am doing Articleship under direct entry system. When can i join if i can. and where can we do that. Will Reliance and other Big Companies permits?? Please confirm. Thank u..