Particulars...........................Rs.

Fixed Assets(WDV) As on 1.4.12
A) As per Companies Act...........5,00,000/-
B) As per IT Act..................7,00,000/-

Rate of Dep as per IT 10% &
Co. Act is 18.10%.

on 1.10.2012 Company dispose off Asset of Rs.
1,00,000 (Scrap value = 10,000)


Please help me to find out WDV as on 31.3.13
As per Income Tax Act and Co. Act.

Query : Shall I Deduct Rs. 1,00,000/- or Rs.10,000/- while calculating Depreciation as per IT???

Please comment.

Can a Foreign Co. amalgamate with an Indian Co. under Companies asCT 1956?

If I have paid to my employee June month's salary on july 5th and made my accounting entry on the same day. In which quarter should I file the tds return?

Our client is engaged in executing works contract.Total value is Rs 30 lakhs.The turnover which will subject to Local VAT is 19 lakhs. What will be his service tax liability under notification 24/2012 if

1. HE ADOPTS NORMAL METHOD

2. IF HE ADOPTS COMPOUNDING METHOD (He is executing original works - 1st option given in the clause of the notification.)


Thanks
R Kumar

Security service providers issues bills for rendering security services in the subsequent month.
for example- If security services rendered in April then bill is to be issued on 1st may.

Now I want to know that when is the liability arises?

Please Reply

Respected Sir,

What is the link for detail rules regarding Export obligation calculation under Advance licence scheme..

error showing at the time of filling itrs

Hi sir I completed my intermediate in icwai. Now I need reference books for final.2012 syallubus 1.advanced financial management 2.corporate law 3.business strategy and cost management pls reply me my mail id is manoji9190@gmail.Com

dear frends,

i have deposited online tds today with interest but payment show updated in 4 days...

then my tds retuns accepted after 4 days when payment show...

in this case iterest u/s 234e is payable by me or not..

if yes, then whats the amount of interest paid by me..

i forgot to enclose my orientation certificate in form 102(Articles training) and later on i received a letter to submit my orientation certificate. I vill be thankful..can any one giv me postal address of sending form 102...i had lost the address

Thnk u in advance.