1.WHETHER PREOPEARTIVE EXPENSES INCURRED TILL COMMENCEMENT OF PRODUCTION BE ALLOCATED AMONGST ASSETS LIKE BLDG,P&M, FURNITURE ETC. ON PROPORTIONATE BASIS & THAN DEP. BE PROVIDED AS PER CO.ACT? 2.WHETHER LAND & LAND DEVELOPMENT SHALL NOT BE CONSIDRED FOR EXP. ALLOCATION?(AS NO DEP. ON LAND) 3.WHETHER DEP. AS PER IT ACT WILL BE PROVIDED AFTER ALLOCATION OF PREOPERATIVE EXP.? 4.EXCISE & SALES TAX CREDIT TAKEN BY CO. WHETHER DEP. TO BE PROVIDED ON BASIC COST?
2 Replies
abraham
(President)
(21 Points)
Replied 07 July 2011
How I can see my pad card detail. It is a pan card of trust but it is not opening in incometax or pan card detail site. . Is there any another site to see company or trust pan card detail? Please tell me the solution
CA PARAS BAFNA
(Practising CA )
(33428 Points)
Replied 07 July 2011
1.WHETHER PREOPEARTIVE EXPENSES INCURRED TILL COMMENCEMENT OF PRODUCTION BE ALLOCATED AMONGST ASSETS LIKE BLDG,P&M, FURNITURE ETC. ON PROPORTIONATE BASIS & THAN DEP. BE PROVIDED AS PER CO.ACT?
Reply- Yes.
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