who is authorised to capitalise the fixed Assets taken on finance lease and who can claim depreciation as per it act , whether to lessor or lesse?
I registered for articles on 31st Jan 2014. I know we can get 9 months to November, But I will have to take leave for studying from August. So will i still be eligible for Nov 2014 if itake leave???
can anybody explain why body corporates are not allowed to appoint as auditor of a company ? what is the reason behind this ? even though llp is a body corporate why they allowed to appoint llp as auditor of a company?
penalty on delay payment of service tax. Excise ,vat allowable or Not.
Respected sir
I have filed my return AY 2014-15, But by the mistake mention state name Delhi, on ITR. Please tell me the easy process of change the State name on ITR V. this is an urgent
Thanks
Sushil Kumar
sir IPCC Nov 2014 me excise Aur custom applicable h kya
Hello
I am a CS executive old syllabus student, I want to know that if the OMR mode for the announced papers is applicable for old syllabus students too or is it just for the new course students.
TDs is applicable if interest on bank deposit exceeds rs.10,000/. In the case of FD, the system of calculation of TDs on FD is as follows. Interest earned and credited during the financial year plus interest accrued till 31st march but not credited. While appreciating inclusion of interest accrued also for TDs calculation, the component of interest accrued so included in respective financial year is not excluded from the interest credited in the following f.y. Ultimately, TDs is recovered based on a wrong calculation formula presently done by many banks. Why this practice is followed which is detrimental to the interest of depositors who are forcibly identified in the TDs bracket due to this incorrect calculation methodology, under the guise of IT norms which is silent with regard to elimination of interest accrued on previous fly while calculating interest earned during a f.y ?
Time limit for taking credit on input and input services: credit shall be taken within six months from the date of the
invoice or challans or other documents specified [change to have effect from 1st September, 2014].
Pl clarify that whether its related to taking credit or utilisation of credit.If its related to taking credit then whats the purpose of this provision.
hello plz ans my question which is confusing me case is mr.a is salaried employee and now his employer don't deduct tds from his salary as he is non auditable but my question is that how do employer knows that he cant judge only from salary income he might be having other income also like under head ifos....so my question is no. 1 ..to deduct tds depends on auditability base or exemption limit of 200000 based (now 250000)... rahul
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
Depreciation on assets bought on finance lease