what is the difference between depreciation in account books and depreciation as per income tax act

2 Answers  

---

Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

0 Answers   ABC, Wipro,

---

what is tds and rate of tds

1 Answers  

---

i am normally accountant. i am not a CA. then i learn a account maintain

0 Answers   Airtel, State Bank of Mysore SBM,

---

M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

0 Answers  

---

What is the journal and payment entry of P.F and E.S.I

21 Answers   ABC, Chartered Accountant, IBM, Kohinoor,

---

What is the TDS deduction & Service chargges for FY 2011- 2012

2 Answers  

---

Why you want to change???

0 Answers   Horiba,

---

if i am getting 165000 than should i dedected on my salary or not?

3 Answers  

---

Dear Sir, We are operating a Security Agency, Please suggest us how to calculate holidays & Overtime duty, where we take 12 hrs, duty from guards in place of 08 hrs. duty. Please suggest us how to calculate. thanking you, suman

1 Answers  

---

what is lease accounting?? please explain me....

0 Answers  

---

In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

0 Answers  

---