Answer / vikrant

Amortization:
Writing off of The assets of a company over a number of years, not necessarily depending on the life of the assets, for the purpose of their replacement of renewal. It is different from depreciation, which is periodic writing off of the asset based on its normal life expectany. Amoritization is usually accompanied by putting aside money in a SINKINGFUND, so that the considerably increased cost of replacement or modernization can be met, when it is needed.


IMPAIRMENT:-
damage: the occurrence of a change for the worse
deterioration: a symptom of reduced quality or strength
disability: the condition of being unable to perform as a consequence of physical or mental unfitness; "reading disability"; "hearing impairment"
damage that results in a reduction of strength or quality
stultification: the act of making something futile and useless (as by routine)

Answer / mr. jatin trivedi

Amortization is nothing but simply depretiation on
intengible assets wheather accumulated or not.

Impairment is simply expenses as repair or for the
improvement or better utilization of assets during the year
is known as Impairment.

Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.

2 Answers  

---

What is the difference between income year, financial year and FBT year?

10 Answers   Accenture, Capital IQ, College School Exams Tests, Genpact,

---

If there is differance in value written on the road permit (along with transfer invoice) and the tax invoice (which is generated after dispatch of material)for inter state sale (specially uttarakhand)which value to be consider for C form?

2 Answers   ABC,

---

When excise duties differs from 8.24% to 14.24%? Why excise gate pass is required during dispatch of vehicle?

1 Answers  

---

While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?

0 Answers   Banking,

---

Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

0 Answers  

---

what is the rate of exices in haryana

2 Answers  

---

For getting relief under section 89 which types of documents to be submitted for making form16

1 Answers   DRJ ARDE,

---

what is procedure to get c form? what is procees to get vat /tin no

0 Answers  

---

while making payment for our Forein supplier against import. wheather we have to deduct TDS while remitting payment towards his bills.

1 Answers  

---

What is the Difference between VAT and Sales Tax ?

2 Answers  

---

A cement product which MRP value is Rs. 280. Now how it calculate the Basic Excise on MRP or my Selliing value from factory?

2 Answers   Udapudi Cements,

---