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.

TCS AND TDS I.T RETURN

1 Answers  

---

sir i want tax chat,tax calculations

2 Answers  

---

What are the deductions under salary head? Name the items.

0 Answers  

---

our Consinor Vat rate @14.5%(revised rate) In pujab , is the same rate applicable in A.P. Ex:I have billed 10 auto tubes each @ 120/- = 10*120=1200 + vat 14.5% = 174 total bill value Rs.1374/-...can we collect 14.5% vat or 12.5%(in A.P.) vat from customer..

2 Answers  

---

Why it's necessary for a company to file TDS Returns?

0 Answers  

---

Can CST credit be claimed on CST paid? Is there a concept like Cenvat credit in CST just like in VAT?

1 Answers  

---

what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???

0 Answers   Flywing Cargo,

---

All Tax Experts We are manufacture assesses registered with the excise department or our office and works area are commercial on rent basis and lease holders charge service tax on rent or raise the invoice on same premises address can we taken credit of service tax, on input services and utilized in Cenvat Credit with Excise pls. Explain me.

2 Answers  

---

What is mean by FBT (Fringe Benfit Tax)? How to calculate this?

2 Answers   Astra,

---

If forth alphabet is f then what is TDS percentage ?

0 Answers  

---

1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems

0 Answers   Cholamandalam DBS,

---

Hi can any one tell me why the form no 16 a are used and When, where and how to submit it ?

4 Answers  

---