saikiran
22 May 2009 at 17:17

valuation of asset

when I go to check initial engagements as per AAS-22.In previous year the depreciation policy was changed by the organisation from companies act to income tax act. It does not take with retrospective effect. It directly applied income tax rates on WDV values.However they are mentioned in the notes to accounts as "during financial year now on wards rates of depreciation is taken as per IT act?But I have doubt as per Accouting standards when changing the depreciation rate(changing accouting policy)it will take with retrospective effect.Plz clarify me?


saikiran
22 May 2009 at 17:06

Printer in computers

My client company Purchases 3 HP printer in last year it shows under the head computers & others and claim depreciation @60% Will it correct? I have doubt why don't we shown under Office equipment Plz clarify me?


JAVED SHEIKH

Pl let me know the PLR of SBI for AY 2009-10 to ascertian HOME LOAN interest perquisite on concessional loan given to employee


senthilnathan
22 May 2009 at 16:26

Share Certificate

Can you give me the format of Share Certificate. we have to issue share certificates to our members.


Sanjay Gogia
22 May 2009 at 16:26

Billing

Our company engaged a contractor for a particular site bding worth Rs. 2.5 lacs. the contracotr worked above worked with in 3 months. my question is contracots raised the bill in which style. can he raised a bill for Rs. 2.5 lacs or can be raised a bill 0.90 lacs monthely basis in eaqule three bills.


shyam
22 May 2009 at 16:10

234B

is it calculated from the first day of assessment year immediately following the financial year upto payment of tax ordue date of return or date of filing of return


Yash
22 May 2009 at 15:47

sir pls tell me steps

Dear Sir/Madam,

Actually i am learning tally so pls tell me after create company what should we do next step means i thing next step is vocher entry......
help me


ramanpreet kaur bhatia

In case of one of my client, the car has been taken on lease by the company.The company is paying the lease rentals for the car. The same is being booked as car lease rentals in the books also. Now that car has been given to a specified employee, to whom the company reimburses petrol bills as well as reimburses the driver's salary who has been hired by employee himself?

Can any please suggest the tax treatment in the hands of employer as well as employee & FBT treatment also.


ramanpreet kaur bhatia
22 May 2009 at 15:39

Taxability of perquisites

The law is that if perquisites are provided by employer in monetary terms , it is taxable for all employees. But if is povided in the form of facility is taxable only for specified employee. What is the taxability if an employee children are studying in a school maintained by employer & the employee is not a specified employee?


CA. MOHAMMAD.QUSROO
22 May 2009 at 15:33

MAT COMPUTATION AND ITS DETAILS

HI SIR,
I HAVE DOUBT IN MAT COMPUTATION, ITS TREATMENT IN B/S AND ITS COMPUTATION. SO PLEASE HELP ME ON THIS,I`LL BE THANKFUL FOR U






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