Fixed asset
This query is : Resolved
06 August 2014
will asset value include service tax also for depreciation purpose...
CA PRIYUL SHAH
(Expert)
06 August 2014
If you do not take credit of service tax then it will be added to cost o asset.
Rupesh Jain
(Expert)
06 August 2014
if you take the credit of tax, servcitax, excise duty under the relevant act then no depreciation will allowed on tax amount .
06 August 2014
only if u dont take credit under any tax then only u can take
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Import of Capital Machine
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Capital gain on commercial property and investment in residential property
- Closer of business and itc of capital goods
- ARCA LOGIN
- TDS Return Statement Status
- 18% Rent a cab
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
