Is it possible to claim deduction under sec 43B in case of late payment of employer contribution towards PF ?
If so what are the conditions ?
Suppose a nominee director is replaced by another nominee director, would the provisions of additional director be applicable for his appointment till the conclusion of general meeting and would it require appointment in the general meeting for a further period? Which provisions of CA 13 would be applicable?
Thanks in advance
Dear Expert
Statutory Auditor for Govt. Company is appointed by CAG and not in AGM so do we need to File the requisite form within 15 days.
Dear All,
I have a query regarding the depreciation rates as per Companies Act 2013 as follows.
1. Under the heading Plant & Machinery point b(VI)there is no specific rate mentioned for Solar power plant. So which rates should be considered?
2. If we consider the rate mentioned in point a(i) other than continuous process plant it is 6.33% and plant life assumed is 15 yrs whereas the actual life of solar power plant in 25 yrs.
3. The plant life assumed by the Companies Act 2013 is different from the actual life given by manufacturer as given below.
a. Solar - As per Co. Act: 15 yrs
As per Mfg : 25 yrs
b. Wind - As per Co. Act : 22 yrs
As per Mfg : 20 yrs
c. Hydro - As per Co. Act : 40 yrs
As per Mfg : 35 yrs
So can we consider the depreciation rates as per the Companies Act 2013 given the difference in the plant life?
Regards
Vaibhav Suryavanshi
As you all know that return of wealth tax has been made mandatory for assessees liable to Tax Audit u/s 44AB but if the net wealth is below limit,still is it necessary to file Wealth tax return? Is it necessary to file Nil Return? plz reply..its urgent
Hello Frnz and Seniors
Has ICAI released mock test papers for NOV 14. If so, please upload the same or provide the link to download it.
If not when it will be released, any information ??
Hi friends , am doing my final yr in b.a corp eco .i have planned to do c.a though direct entry.for tat i hv to finish 9mnths of airticleship . before my ipcc exam .in this case how i should approach the firms . what are the things the firm may expect from me.
Sir, Whether schedule vi applicable for non corporate entities? Is it optional to a firm to follow schedule vi?
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
Section 43b