Answer Posted / h.r. sreepada bhagi
Rates & method of Depreciation are different under the
Companies Act & the Income Tax in India. For rates &
guidelines Refer the Companies Act (Depreciation Schedule) &
the Income Tax Act. Or refer teh latest Income Tax Ready
Reckoner, where rates under both the Acts are available.
Rates are also available on the Internet/websites of Income
Tax Department / Department of Company Affairs.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
Process of the settlement cycle?
Expand CASA
How Many Types of Excise Duties?
What is the important of cash in a business unit
what is circuit filter?
differences between liabilities and assessts
please give me a last 10 years sbi clerk question and answer paper
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?
describe the most complex challenge that you have faced and how you managed it
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
what is the accounting conventions
joint venture?
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?
Expand---------PED
