Answer Posted / srinivas rao

There are two types of depreciation rates one under
companies act and another is under income tax the rates are
different for both the acts

however there is Depreciation for current assettes

What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19

1217

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WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

1784

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What do you mean by vat, vat registration total cost hydra bad in which places

1433

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The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.

2918

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how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..

1543

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What is the %age of T.A.,D.A.,H.R.A.,BASIC

3833

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we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?

3150

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The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

19788

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What is the difference between fund flow vs. Cash flow?

633

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Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?

1800

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In advance c form dvat why not showing the amount in form verification

1142

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HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE

1490

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At what point excise duty is accrued

1018

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how to file returne?

2001

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What are the procedures for remitting WCT?

1700

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