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What do you mean by Capital Asset?

Answer Posted / shirisha

All tangible property which cannot easily be converted into
cash and which is usually held for a long period, including
real estate, equipment, etc.


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Please Help Members By Posting Answers For Below Questions

as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com

2035


which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?

2131


Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?

4268


I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me

1800


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1933


how we creat e-vat return in tally for punjab

2936


How will you calculate house rent allowance (hra)?

1064


when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax

1896


What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1942


Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.

1851


Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

2665


Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?

2187


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2148


Who is to paid income tax and what is the procedure of filling income tax return?

1977


the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.

2125