Whether the asset fully depreciated and the asset existed on the date, to be removed from the asset register or can it be continued in the register as assets.
And if the asset is discarded or worn out due to time factor, has to be removed from asset register, its depreciation is till to be claimed?

Hi,

In case of Investment in a PPF account, I wanted to know if the amount deposited after the intial investment can be less then the intial investment. Also wanted to know wether if the deopsit can be one time or what is the minimun years of investment required. (For ex: 1st year if 60000 is invested is it possible to invest 50000 in the second year and can the inevstment be only for 5 intial years)

Dear All,

Please let me know i have paid Rs 5059 as intersest for the period 01-04-2008 to 09-03-2009 and there is a accrued interest from 10-03-2009 to 31-3-2009 amounting to Rs 11159 which will be paid on 5th April 2009. Will both the amount allowed as deduction for the year 2008-09

Dear All,

Please let me know i have paid Rs 5059 as intersest for the period 01-04-2008 to 09-03-2009 and there is a accrued interest from 10-03-2009 to 31-3-2009 amounting to Rs 11159 which will be paid on 5th April 2009. Will both the amount allowed as deduction for the year 2008-09

Hi,

In case of Investment in a PPF account, I wanted to know if the amount deposited after the intial investment can be less then the intial investment. Also wanted to know wether if the deopsit can be one time or what is the minimun years of investment required. (For ex: 1st year if 60000 is invested is it possible to invest 50000 in the second year and can the inevstment be only for 5 intial years)

fixed deposit investment in nationalised bank for long term is eligible u/s 80 C

a manufacturing company has purchased fixed asset and is not capitalising the taxes like vat, cst , excise duty etc.

is their this policy right?
is vat / cst/ excise on Fixed Asset refundable

I joined in april 2005 in a company
till date i have not claimed for LTA

In March 2009 I want to claim for the same.

can anybody tell me for how many years I can claim LTA ? and will tax deducted from LTA amt?

fgdsfgdfg

Hi,

if we billed to a company in US, for the services which will be provided from india thru internet but deliverable in US, will service tax attract to our invoicing??? sorry but requesting you to please attach the link for the support to answer...

waiting for your reply.

Nazir