Servixe tax charge on reimbrushments
This query is : Resolved
03 September 2012
M/s Gama & Co. is planning of installing a power saving machine and are considering buying or leasing alternative. The machine is subject to straight-line method of depreciation. Gama & Co. can raise debt at 14% payable in five equal annual installments of Rs. 1,78,858 each, at the beginning of the year. In case of leasing, the company would be required to pay an annual end of year rent of 25% of the cost of machine for 5 years.
The Company is in 40% tax bracket. The salvage value is estimated at Rs. 24,998 at the end of 5 years.
Evaluate the two alternatives and advise the company by considering after tax cost of debt concept under both alternatives.
P.V. factors 0.9225, 0.8510, 0.7851, 0.7242, 0.6681 respectively for 1 to 5 years.
how to calculate cost of machine by installment
The Company is in 40% tax bracket. The salvage value is estimated at Rs. 24,998 at the end of 5 years.
Evaluate the two alternatives and advise the company by considering after tax cost of debt concept under both alternatives.
P.V. factors 0.9225, 0.8510, 0.7851, 0.7242, 0.6681 respectively for 1 to 5 years.
how to calculate cost of machine by installment
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 September 2012
DEAR SIR,
OUR C & F AGENTS WILL MAKE THE DEBIT NOTE FOR REIMBURSEMENT WITH SERVICE TAX OR WITHOUT SERVICE TAX. REIMBURSEMENT LIKE RENT, TELEPHONE, STAFF TRAVELING,FREIGHT, COURIER OR PARCEL CHARGES & SALARY, ELECTRIC BILLS ETC.
PLS. DO THE NEEDFUL OR URGENT BASIS.
THANK YOU
AJAY DUBEY
OUR C & F AGENTS WILL MAKE THE DEBIT NOTE FOR REIMBURSEMENT WITH SERVICE TAX OR WITHOUT SERVICE TAX. REIMBURSEMENT LIKE RENT, TELEPHONE, STAFF TRAVELING,FREIGHT, COURIER OR PARCEL CHARGES & SALARY, ELECTRIC BILLS ETC.
PLS. DO THE NEEDFUL OR URGENT BASIS.
THANK YOU
AJAY DUBEY
27 April 2015
Very old Query. Now not to be answered
27 April 2015
Lokesh Ji you are so qualified still you prefer to reply on old queries which are not to be answered instead of answering to queries which are new and need to be answered. Please avoid this easy way of increasing replies and points. Requested to share your knowledge on queries where there is need for replies.
Hope you take it in a positive way.
Hope you take it in a positive way.
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- When TDS on GST applied
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
