ups and battery
This query is : Resolved
04 May 2011
Sir,
A partnership firm has purchased battery and ups amount 31000.00.Suould it be capitalized or Shown to Expenses.Please Reply.
Please say me hoew to calculate Interest on TDS for Month March
March TDS Payable 100.00
How to calculate Interest for Paying Tomorrow TDS.
Thanks & Regards
A partnership firm has purchased battery and ups amount 31000.00.Suould it be capitalized or Shown to Expenses.Please Reply.
Please say me hoew to calculate Interest on TDS for Month March
March TDS Payable 100.00
How to calculate Interest for Paying Tomorrow TDS.
Thanks & Regards
Aditya Maheshwari
(Expert)
04 May 2011
If only battery purchased then to be charged to revenue.
If UPS purchased along with battery then full amount to be capitalised.
March TDS interest 1. 5% * 3 months = 4.5%
If UPS purchased along with battery then full amount to be capitalised.
March TDS interest 1. 5% * 3 months = 4.5%
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
