HELLO SIR,
AN ASSESSEE RECEIVES THE RENT FROM THE LISTED COMPANY ON THE GODOWNS AND HE SHOWS THAT RENT INCOME UNDER THE HEAD OF INCOME FROM HOUSE PROPERTY AND TDS IS DEDUCTED AT RATE 15.30%.THE ASSESSEE WANTS TO HAVE LOWER RATE TDS CERTIFICATE FROM A.O. AS HIS TAX LIABILITY IS AROUND 10000RS. AND TDS REFUNDABLE IS AROUND 60000RS TO 70000RS.
WHETHER AN ASSESSEE CAN MAKE AN APPLICATION TO THE A.O. FOR LOWER RATE TDS CERTIFICATE?

i forget my password on yahoo & account was locked for 24 hrs & till yet not unlocked

How to assesss the tax liability of a deceased person who has expired during the financial year 2008-09 , was working for a Central Govt. organisation .
What are the relevant sections ?

There is an fixed asset machinery which was been dismentaled from one factory & shifted to another factory in the same company ,but still it is not been reinstalled, so can I claim the depreciation for that part of the period after which it was dismentaled & till it is reinstalled , as per companies Act & Income tax act. & what if reinstallation does not take place during one accounting year (ie. it is keept in store room)

There is an fixed asset machinery which was been dismentaled from one factory & shifted to another factory in the same company ,but still it is not been reinstalled, so can I claim the depreciation for that part of the period after which it was dismentaled & till it is reinstalled , as per companies Act & Income tax act.

Hello sir,

I am appearing for JUne 2009 CA final exam first group. I would like to know whether AS 30. is applicable.


If it is so, please forward me the soft copy of the AS 30.

2) Whether AS (Accounting Statndards)is applicable for Trust.(non corporate enterprises).

3) is it compulsory to maintain the Fixed Asset register for the Trust.

4)what is the difference b/w Quoted & Unquoted investments?

5) Is there any Presentation on Guidance notes on Accounts & Gudidance note on Audit important for the June 2009 exam?

6) Rate of Depreciation under WDV method= 1-(scrap value/wdv value)^1/n

Can u please help me in solving this equation with an example.



with regards,

R. Gurucharan.

The Rate of interest on the Fixed Deposits accepted by the company is to be reduced.
kindly help with the procedure for doing it including advertisement of FD for that reason.

Matter is very urgent so kindly reply at the earliest.

I am running pvt. ltd. company and I am paying Rs.10000 p.m rent to landlord with generator mainteance charges of Rs.2000 p.m.(According to Rent agreement). I want to know that whether liability of TDS to deduct is arise or not?

HELLO FRIENDS,

I HAVE COPIED FOLLOWING FILES TALLY FOLDER.
1.RBIN9.TCP
2.MULTIPLECONTACTS.TCP
3.ADDRESSBOOK.TCP

BUT I AM UNABLE TO TAKE BENEFIT OF ALL THESE FACILITIES.
PLEASE GUIDE TO ME.

THANKS

Hi,

Please let me know if a business is shutting down temporarily & its assets are not in use for the time being (approx. 8-12 months).

1)Can we provide depreciation on that assets in the books?

2) can we claim depreciation as an expenses while calculting business income for Income Tax purpose?

----Ankit Doshi