QUERY ON IMPACT OF DEPRECIATION WORKINGS AS PER COMPANIES ACT 2013 ON TRANSFER PRICING

Share
Share This Thread
  1. S UMAMAHESWARI

    S UMAMAHESWARI New Member

    As per Companies Act 2013, depreciation is calculated on the basis of useful life of asset as per Schedule II of the Act. Therefore, the balance amount on expired life of asset is to be transfered to retained earnings. This is the cost which is not billed to the parent company. will it impact on transfer pricing. Can we take the amount to P&L account under depreciation?
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Query Regarding Standard Deduction Income Tax Apr 10, 2018
QUERY REGARDING INCOME TAX Income Tax Apr 2, 2018
Query related to sale of property Income Tax Mar 8, 2018
Query on TDS Income Tax Feb 27, 2018
Selling a House - Furniture and TDS Query Income Tax Feb 9, 2018