Due to error or mistake incalculation of depreciation in 2006-07 and 2007-08, Depreciation written back has been donein the 2008-09 for the excess depreciation charged. We are paying MAT. What will be the impact on MAT Calculation and penalty if any due to that prior period income. Can any one clarify?
i have taken a shop space for rent and have the rental agreement.submitted all papers for vat registration. on inspection of premises, vat authorities inform me that the earlier tenant of the premises has not closed his firm as per the records and has arrears. hence my vat application will not be entertained at any cost. Kindly clarify whether i should be penalised for default by the earlier tenant?
RESPECTED ALL MEMBERS,
I WANT TO KNOW THAT ANY PCC STUDENT WANT TO CONVERT FROM PCC TO IPCC NEW SCHEME SO WHAT IS THE REQUIREMENT IF HE ALREADY TAKEN 10 MONTHS TRAINING UNDER PCC SCHEME .. OR THE ALREADY DONE TRAINING WILL LAPSE OR WILL BE CONSIDER AS 3 YEAR TRAINING PART OF IPCC ?.IF PRINCIPAL REFUSE TO GRANT TERMINATION FOR PCC TRAINING TO OPT FOR IPCC SCHEME ?
HI All
I want to know about sale tax and sale tax rate and what kind of forms are issued at the time of sale or purchase? please help me with example
Monia
why is profit & loss appropriation account prepared? and which items are taken in profit & appropriation accounts?
Can a loan accout be opened in the name of Managing Director in the private company where in which his day-to-day deposits and withdrawl can be recorded. As in a private company the Managing Director provides maximum fund and does frequent withdrawls.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Prior Priod Income due to Depreciation Written back