CA SUNIL GOEL
28 February 2009 at 16:24

DEMAT ACCOUNT

HOW TO OPEN A DEMAT ACCOUNT?


Nitin Panthri
28 February 2009 at 16:20

Works Contract

I want to know that why is VAT applicable on works contracts not service tax, though work contractors provide service not sale goods???????

Regards,
Nitin panthri
(nitinpanthri@yahoo.com)


PRIYA
28 February 2009 at 16:14

Depreciation on commercial vehicle

Dear sir,
A private limited co doing hotel business purchase car for its director for business purpose (not as taxi). Will the car come under the purview of commercial vehicle eligible for 50% depreciation?

I read the article written by Mr.Rajaratnam where in it is stated thus-it may therefore , be seen that motor cars qualify for depreciation at 20% unless run on hire to merit depreciation at 30%. I did not understand under which catagory does motor car qualify 20%?

The last para of the article states that the amendment is obviously intended to cover only trucks and other heavy vehicles , besides other commercial vehicles hiterto entitled to depreciation at 30%. So amendment is only for Entry 3(ii)?

If the car is purchased will we get 50% depreciation this year or is it the rate for vehicles purchased after 1st jan 2009 and before 1st April 2009? Can we claim 50% this year or 25% this year and 50% next year?

Pls advice,

Priya


GANANADHA P
28 February 2009 at 16:07

tds interest

Dear sir
1.I am tax amt deducted on 20.11.2008 but payment made on 22.12.2008 then the interest rate is 1% or 2%?

2. The 1st bill was 15000/- on 15.06.2008(its 1st quarter)
and the 2nd bill was 5000/- on 15.08.2008(its a 2nd quarter) as 94J applicable or not? if applicable what will be deducted amt 5000@10.3% = 515 or 20000*10.3% =2060 what amt shown in e-tds return for E-tds filing purpose

Plz answer to me


Ashish Kumar
28 February 2009 at 15:47

Best coaching institute in New Delhi

Sir.
This is ashish kumar from Hyderabad.i want to know which is the best CA coaching institute for PCC in New Delhi.I am going to appear in the exam in month of Nov 09. So please help me.. Please...


Please give me the address also bcoz i am from Hyderabad so Delhi is new for me.


Dinesh
28 February 2009 at 15:25

Software License

Hey, i know the difference of capitalizaing it out and expensing it out. and i also dont require which software to be capitalized.

Im in query whether is it compulsorily required to capitalize softwares (not talking of huge softwares such as SAP/ERP implementation, they are ofcourse capitalised)or note as said earlier will suffice..


Pulkit Malhotra
28 February 2009 at 15:23

top firms in delhi?????????

i am searchin for articleship in delhi.....
plzzzz help me out..........
tell me good firms in delhi and make me placed in them....
i dont have any problem in secondment also......
I have cleared CPT in NOV '06 with 30th rank and cleared PCC in NOV '08(both groups) in first attempt....
Winner of DNA MONEY QUIZ at indore level


Madhavi
28 February 2009 at 15:23

coaching

can anyone tell me where is the coaching best in hyderabad for all subjects of PCC at one roof.


how to prepare for pcc? how we have to plan means what is the combination of subjects we can read so that we can remember better without confusion.


please reply me
thanks in advance


Ravi Jain
28 February 2009 at 15:22

TDS on INR or Foreign Currency ?

Can any one tell me that on which amount(on INR or Foreign Currency) TDS to be deducted in case if payment made to Non-resident for Professional Technical services.
Bill is in foreign Currency.

Thanks


Dinesh
28 February 2009 at 15:09

Software License

Is it compulsory that software licenses purchased needs to be capitalized. If the company discloses in the notes that software licences are written off in the year of purchase, will this note suffice ?





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