[Rakeshkumar`]

thank you sir

so thats an exempt benefit under employment income, and is not a taxable benefit under NIC 1A?

thank you so much for your help

[Rakeshkumar`]

Thank you sir

[Rakeshkumar`]

Thank you so much?

[Rakeshkumar`]

Sir,
If the excess depreciation on revalued amount is transfered to retained earnings from revaluation reserves
How about if the revalued amount is less than cost of asset
And that means depreciation now charged will be less than previously charged
Do we have to make any adjustments for the same?

[Author]

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