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Deductions u/s 35 AD
Direct Taxation
answered on 31-Oct-21 09:25
Where in respect of any asset on which deduction u/s 35 AD has been availed and such asset is destroyed or transferred within a period of 8 years,then is it necessary to reverse the deduction? Am asking a case where such asset is not used for any other purpose other than 35 AD business after such transfer?
latest answer
Suppose in 2019-20, assessee claimed 100 percent deduction under 35AD. In 2020-21, asset was transferred. In this case, income is Deduction allowed less depreciation pertaining to 2019-20 for that asset assuming 35AD is not applicable.
Bhaghya Rajesh
CA Inter
★ 910
3
249
Equations
Maths & Stats
answered on 30-Oct-21 20:15
Are both the options correct?
latest answer
When you put root then the resultant answer will be +/-. So in the given question the answer will be +/-1
Yug Bhattad
CA Final
★ 54K+
4
234
Logarithms
Maths & Stats
answered on 31-Oct-21 08:04
Help solving this question.
latest answer
The multiplied the numerator and denominator by 7 + 4 x square root 3. If you multiply and divide by same term you are multiplying by 1
Kumari Sheetal
CA Foundation
★ 280
2
252
Material cost
Costing
answered on 01-Nov-21 07:51
Why is the rate taken as 5.75 and 6.10 respectively in each case?..
latest answer
Assumed that 17th Sep issue iis returned.
Pushkala S
CA Inter
★ 3K+
1
240
Reconciliation of cost accounting with financial records
Costing
answered on 30-Oct-21 18:30
How to calculate adminstration expenses how comes 124000
latest answer
Administrative overheads is recovered at Rs. 6 per unit of production. Total sales are 120000 units and closing stock is 4000 units So, total production units are 124000
Raashi 14
CMA Inter
★ 330
3
280
AS 7
Accountancy
answered on 30-Oct-21 17:58
Why full loss not recognised
latest answer
Thank u so much sir
Christeena Ambel
CA Inter
★ 5K+
11
225
Incidence of tax
Direct Taxation
answered on 30-Oct-21 16:59
How mr.A is not a resident ??
latest answer
Can you keep attachment of the question.
Kalash Ojha
CA Inter
★ 465
3
227
Bank account profit and loss accunt
Accountancy
answered on 30-Oct-21 17:55
Why interest accrued on investment ,not taken into profit and loss Accounts i.e in schedule 13( why it was included only in other asset)
latest answer
Ohhww.. Thank uu soo much
venkatesh sundharamoorthy
CA Final
★ 34K+
13
206
Company act
Corporate & Other Laws
answered on 01-Nov-21 06:53
As per 8th topic only those company which have been registerd before company act,2013 is allowed 7th topic?
latest answer
Company may adopt model articles with modifications.
Sumita Shah
CA Inter
★ 2K+
1
211
Ratio and proprtion
Maths & Stats
answered on 01-Nov-21 06:55
Please answer with explanation
latest answer
Pls attempt on own first
Nikil Jain
CA Inter
★ 430
1
279