If i want to pay less tax,which method of depriciation
should be adopted?
Answer Posted / h.r. sreepada bhagi
As mentioned by Mr.Md.Abdul Qader, There is only one method
of Charging Depreciation, i.e. WDV u/s 32 of the Income Tax
Act, 1961. This applies to block of assets and is calculated
@ full rate prescribed for the assets used for more than 180
days & @50% of the prescribed rate for the assets used for
up to 180 days during the previous year relevant to the
assessment year.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
updated rates of sales tax & VAT in Maharashtra
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?
agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai
Basing on what we can made TDS payment
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
What is DSCR and how to calculate the same.
what is deemed sales? how to calculated
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
Explain deferred tax asset?
how to adjustent the accounts part of the company and how to calculate vat and gst .kindly answer me sir. my e-mail id is:- dipak92.dip@gmail.com
sir, can you give me clarification briefly how to capitalized and which one capitalized
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
what is form 8? what are all the details to be collected while buying c form