depreciation is provided on net block or gross block?how are values in gross block,depreciation and net block of previous year treated in current year??

I registered under IPCC 2009 and i can start articleship after passing 1st group only and as per new IPCC rule we can apply for articleship before exam. can anyone give me idea about this am i eligible for this new procedure ???

Hi,
1)Can loss making pvt ltd co. issue shares at premium.
2) the directors of company decided to issue shares at face value of Rs.10/- and at premium Rs.90/-.

does it possible?

Dear Experts, please suggest the correct accounting for import purchases w.r.t
Date of recording transaction as the material or asset is received in the factory after the date of BOE by transport.
Rate to be adopted as per AS-11 as to what should be the transaction date for accounting purpose, because some people apply CBEC rate for accounting too.

Bill for Clearing and forwarding and freight charges are issued/received almost one month after BOE.

Whether there should be separate date for accounting clearing and forwarding charges other than the date adopted for raw material purchase.

please clear service tax rate on work contract service. can i take service tax set.off on repair of building. how to calculate service tax on work contract service

HI
I AM ABHIMANYU KUMAR FROM PATNA
I ASK A QUESTION ABOUT INCOME TAX RETURN
FILLING.
SIR KYA HAM INCOME TAX RETUNS FILLING
PICHLE 3 YEARS KA KAR SAKTE HAI KI NAHI
AGAR HOGA TO USKE LIYE KYA PROCEDURE HAI
PLS TELL ME
MOB. NO :- 9334701010

Dear Sir,
In case of individual contractor's payment, tds should be deducted at 1%, however deductor is deducting at 2.27%.
Whether there is penalty for deducting at higher rate, though it is being done by deductor in govt. revenue interest.

Please clarify .

Hello Everyone,
I want to resolve the doubt that if an assessee doesn't claim depreciation on asset used in business & Profession(However it's Mandatory)for several years say 10 years & now sells that & claims indexation,capital gain & all that what would the accurate Tax Treatment?
Thanks

What is the application fees for getting IEC number.

Hello,

One of my client has taken technical service from foreign co(European). Payment is made directly to the co and service will be provided in India by the employee of the company. Questions are
1) At what rate TDS to be deducted?
2) What will be exchange rate while paying the TDS?
3) Is there any DTAA with Europe?