Description : While computing the actual cost of any asset falling within a block, portion of cost of asset which has been met directly by the central government or a state government or any authority under any law ... price b) Subtracted from purchase price c) Added to WDV d) Claimed as Revenue Expenditure
Last Answer : b) Subtracted from purchase price
Description : Opening WDV off the block of assets was Rs 15 lakh. During the year, asset was acquired under this block on 15 June 2017 amounting to rupees 10 lakh. One of the assets falling within the block was sold for rupees 5.5 ... . rupees 1.95 lakh f. rupees 2.5 lakh g. rupees 2.25 lakh h. Rs 1.45 lakh
Last Answer : e. rupees 1.95 lakh
Description : Opening WDV off the block of assets was Rs 15 lakh. During the year, asset was acquired under this block on 15 January 2018 amounting to rupees 10 lakh. One of the assets falling within the block was sold for rupees 5.5 ... rupees 1.95 lakh b. rupees 2.5 lakh c. rupees 2.25 lakh d. Rs 1.45 lakh
Last Answer : d. Rs 1.45 lakh
Description : Actual Cost in case of sale and Lease back is: a) WDV in the hands of lessor before sale b) WDV at the time of transfer c) Higher of A & B d) Lower of A & B
Last Answer : b) WDV at the time of transfer
Description : While Computing the actual cost of any asset falling within a block, direct cost attributable to bring the asset to its present location and working condition for its intended use(i.e. expenses incurred ... from the purchase price c) Be subtracted from WDV d) Be claimed as revenue expenditure
Last Answer : b) Be subtracted from the purchase price
Description : In which of the following case no depreciation is allowable: a) Block Exist but WDV ceases to exist b) WDV exist but the block ceases to exist c) WDV and Block both ceases to exist d) All of the above
Last Answer : c) WDV and Block both ceases to exist
Description : Mr. Vaibhav, deriving business income, owns a car whose WDV as on 1st april 2016 was Rs.3Lakh. This is the only asset in the block of assets with rate of 15%. It is estimated that 1/3rd of the total usage of ... as on 31st March, 2018 would be a) Rs.216750 b) Rs.243000 c) Rs.255000 d) Nil
Last Answer : c) Rs.255000
Description : Actual cost to assessee in case of sale and repurchase is: a) WDV at the time of first sale b) Actual price for which the asset is reacquired c) Lower of A& B d) Higher of A & B
Last Answer : c) Lower of A& B
Description : Where the asset is received as gift then cost of the asset will be a) Actual cost to previous owner b) Nominal Value c) WDV on date of receipt of gift d) None of the above
Last Answer : c) WDV on date of receipt of gift
Description : Opening WDV of the block of assets was Rs.15 lakh. During the year, asset was acquired under this block on 15th June2017 amounting to Rs. 10 Lakh. Rate of depreciation of the block is 15%. Calculate the amount of depreciation ... 3.5 Lakh b) Rs. 3.75 lakh c) Rs. 3.00 lakh d) Rs.2.25 Lakh
Last Answer : b) Rs. 3.75 lakh
Description : What is the full form of 'YWCA' ? -How To ?
Last Answer : The full form of 'YWCA' is Young Women's Christian Association
Description : What is the full form of 'yr' ? -How To ?
Last Answer : The full form of 'yr' is Year
Description : What is the full form of 'YMCA' ? -How To ?
Last Answer : The full form of 'YMCA' is Young Men's Christian Association
Description : What is the full form of 'WWW' ? -How To ?
Last Answer : The full form of 'WWW' is World Wide Web
Description : What is the full form of 'WTO' ? -How To ?
Last Answer : The full form of 'WTO' is World Trade Organisation
Description : What is the full form of 'YC' ? -How To ?
Last Answer : The full form of 'YC' is Youth Congress
Description : What is the full form of 'Xmas' ? -How To ?
Last Answer : The full form of 'Xmas' is Christmas
Description : What is the full form of 'WTC' ? -How To ?
Last Answer : The full form of 'WTC' is World Trade Centre
Description : What is the full form of 'WP' ? -How To ?
Last Answer : The full form of 'WP' is Word Processing
Description : What is the full form of 'WPI' ? -How To ?
Last Answer : The full form of 'WPI' is Wholesale Price Index
Description : What is the full form of 'WHO' ? -How To ?
Last Answer : The full form of 'WHO' is World Health Organisation
Description : What is the full form of 'WFTU' ? -How To ?
Last Answer : The full form of 'WFTU' is World Federation of Trade Unions
Description : What is the full form of 'WEF' ? -How To ?
Last Answer : The full form of 'WEF' is World Economic Forum
Description : What is the full form of 'WDM' ? -How To ?
Last Answer : The full form of 'WDM' is Wholesale Debt Market
Last Answer : The full form of 'WDM' is World Debt Market
Description : What is the full form of 'WCA' ? -How To ?
Last Answer : The full form of 'WCA' is Workmen's Compensation Act
Description : What is the full form of 'WB' ? -How To ?
Last Answer : The full form of 'WB' is West Bengal
Description : What is the full form of 'WAN' ? -How To ?
Last Answer : The full form of 'WAN' is Wide Area Network
Description : What is the full form of 'WAY' ? -How To ?
Last Answer : The full form of 'WAY' is World Assembly of Youth
Description : What is the full form of 'VVIP' ? -How To ?
Last Answer : The full form of 'VVIP' is Very Very Important Person
Description : What is the full form of 'VSNL' ? -How To ?
Last Answer : The full form of 'VSNL' is Videsh Sanchar Nigam Limited
Description : What is the full form of 'VSSC' ? -How To ?
Last Answer : The full form of 'VSSC' is Vikram Sarabhai Space Centre
Description : What is the full form of 'VSAT' ? -How To ?
Last Answer : The full form of 'VSAT' is Very Small Aperture Terminal
Description : What is the full form of 'VPP' ? -How To ?
Last Answer : The full form of 'VPP' is Value Payable Post
Description : What is the full form of 'VRS' ? -How To ?
Last Answer : The full form of 'VRS' is Voluntary Retirement Scheme
Description : What is the full form of 'VHSE' ? -How To ?
Last Answer : The full form of 'VHSE' is Vocational Higher Secondary School
Description : What is the full form of 'VIP' ? -How To ?
Last Answer : The full form of 'VIP' is Very Important Person
Description : What is the full form of 'VHP' ? -How To ?
Last Answer : The full form of 'VHP' is Vishwa Hindu parishad
Description : What is the full form of 'VGA' ? -How To ?
Last Answer : The full form of 'VGA' is Video Graphic Arry
Description : What is the full form of 'VDU' ? -How To ?
Last Answer : The full form of 'VDU' is Visual Display Unit
Description : What is the full form of 'VDT' ? -How To ?
Last Answer : The full form of 'VDT' is Video Display Terminal
Description : What is the full form of 'VCR' ? -How To ?
Last Answer : The full form of 'VCR' is Video Cassette Recorder
Description : What is the full form of 'VAT' ? -How To ?
Last Answer : The full form of 'VAT' is Value Added Tax
Description : What is the full form of 'VC' ? -How To ?
Last Answer : The full form of 'VC' is Vice Chancellor
Description : What is the full form of 'VAN' ? -How To ?
Last Answer : The full form of 'VAN' is Value Added Network
Description : What is the full form of 'VABAL' ? -How To ?
Last Answer : The full form of 'VABAL' is Value Based Advance Licencing
Description : What is the full form of 'UTL' ? -How To ?
Last Answer : The full form of 'UTL' is United Telecoms Limited
Description : What is the full form of 'USB' ? -How To ?
Last Answer : The full form of 'USB' is Universal Serial Bus
Description : What is the full form of 'UR' ? -How To ?
Last Answer : The full form of 'UR' is Un-Reserved
Description : What is the full form of 'UTI' ? -How To ?
Last Answer : The full form of 'UTI' is Unit Trust of India