where will be effect the amount of depreciation in company
final account? If it will effect in P&L A/c & Balance Sheet
also than will amount be same in both sheet?
- 1 Answers
- 4073 Views
- I also Faced
- E-Mail Answers
Answer / vijaya kumar
Depreciation is a notional expenses it is directly affected
two areas viz, one is the respective asset account, another
is profit and loss account where tax payment is reduced
since depreciation is a deductable expense in tax law. Not
the amounts indeed change because tax effect on the
depreciation portion is different.
| Is This Answer Correct ? | 2 Yes | 0 No |
What should be the answere when asked "tell me about your self".
what is final accounts consisting
What are the forms required to be file along with annual return.
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
give detail expansion about MIS Report?
5 Answers Oriental Bank Of Commerce,
what need to b a cs is graduation is necessary?
what is three accounting rule?
Hi I would like to know about TDS on Service Tax invoices.We are in rental basis shopping mall.We will raise the bill with service tax.2 types of invoice 1 Rental Invoices with service tax 2. Comman Area charges with service Tax Please let me know how the tenant need to deduct the TDS On gross or Basic.......?
what is the procedure for obtaining a certificate for exemption from TDS where my income slab is not taxable..
WHAT DO U MEAN BY DIVIDENDS. WHAT IS THE TYPE OF DIVIDEND AND IS THIS PROFIT OR INTREST?
If my company have only 10 lakhs capital, shall we get the contract amount more than this capital..? or any limit to get the contract price? and is there any relationship between capital amount and contract amount?
how can ratio analysis help to the company
Audit 
