hi,,


Anyone can suggest me in the following situation:
Company purchased capital items for office use i.e. Computer, Printer & UPS/Battery.

Invoice 1:

Computer(2 qty.* 25000) 50000
Printer(2 qty.* 16000) 32000
UPS/battery(2 qty.*8000) 16000

In This case, Entire purchase has booked under head Fixed assets- Computer and depreciated charged @40% as per companies act
Invoice 2:

Printer(2 qty.* 16000) 32000
UPS/battery(2 qty.*8000) 16000

In This case, printer purchased has booked under head Fixed assets- Printer and depreciated charged @13.91% as per companies act
and UPS/battery under Fixed assets-Computer and dep. @40%

I need assistance on whether the company can do so...
or is there any contradiction exists with the Indian accounting Provisions.

Thanks

Badal kansal
9873471131
Email Id: badalkansal90@gmail.com

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(c) Executive director
(d) Independent director

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After completion of installments period Company will give car to the employee.

In this case, can company charge depreciation till the completion of installments???

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Dear Sirs,

Is it necessary to fill up the office address in case where I am showing an individual's "SOURCE OF INCOME" a Salaried Person ?

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Regards,
Ashim

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The tenant has deducted 20000 as TDS.

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Sir/Ma'am,

I require your advice for the following,

1)May i please know the procedure for adding objects in the object clause of memorandum of a section 25 company.
2)Is there any difference in the procedure of doing the above in a section 25 company as compared to other companies, except for that it
requires approval from central Govt.
3)What all forms have to be submitted with MCA for doing the same.?form 24A/23/65??

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