Our company is engaged in the business of software solutions and having some intangible assets i.e. softwares, applications, logos and so on.
My question is that How should I depreciate this after considering useful life or as per income tax rules ?
Thanks in adv.
DEAR SIR
MY AGE IS 63 YEAR OLD,WORKING IN A PRIVATE SECTOR I RECEIVED PENSION FROM PF DEPARTMENT IN MONTH OF MAY 2013. FROM THE PERIODE OF MAY 2008 TO MAY 2013 AS LUM SUMP AND AFTER THAT I AM RECEVING 1448.00 PENSION MONTHLY FROM PF DEPATMENT. IS ALL THE PENSION PENSION AMOUNT IS TAXABLE IN FINANCIAL YEAR 2012-13
THANKS & REGARDS
In hotel industry service charge is collecting which is not a statutory compilance. Whether vat is to be collected inclusive of service or excluding the service charge
We manufacture urea, an exempted good under notif 12/2012 (taxable @ 1% provided cenvat is not taken on input and input services).
Ammonia (taxable good) is also manufactured by us which is used as a raw material for manufacturing urea. Ours is a 'continuous process plant'. Will we have to pay excise duty on ammonia (intermediate product) since urea is an 'exempted good'?
I had invested some amount under the capital gains account scheme in the FY 11-12.Noe i want to withdraw the amount to buy a house property.Is a CA certificate required to be submitted in the bank to withdraw the money.
Sir,
I am terminated my articleship on April 1st week, but i could not file form 109 till now.In between these gap the date of compleetion of 1st year articleship is over. Now i am going to join in another firm, what should i do?
please reply fast.
Please solve my query regarding capital gain & exemption:
Q. In F.Y 2011-12, Long term capital gain is calculated as follows:
Long term capital gain on Gold : 10,00,000
Long term capital gain on House A : 20,00,000
Total 30,00,000
House B is purchased for Rs. 30 lacs
Less : Exemption u/s 54 (For House A) : 20,00,000
Less : Exemption u/s 54F (For Gold) : 10,00,000
Net Long term capital gain Nil
Now in F.Y 2012-13 House B is sold for Rs. 54,00,000 and House C is purchased for Rs. 90,00,000/-
Please tell me the tax treatment and whether exemption u/s 54/54F can be claimed for House C
from when would be exam form of cpt december 2013 would be made available by ICAI
Friends
when advance receipt of rent is liable to deduct TDS
please tel me
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Depreciation accounting