Describe the service tax law in usa and concept of negative, Operation Research

Describe the service tax law in usa and concept of negative, Operation Research

Assignment Help:

Question 1

X Ltd. has Unit C which is not functioning satisfactorily. The following are the details of its fixed assets:

Asset

Date of acquisition

Book value (' lakh)

Land

Goodwill (raised in books on 31^st March, 2005)

Machinery

Plant

10^th February, 2003

5^th April, 1999

12^th April, 2004

30

10

40

20

The written down value (WDV) is ` 25 lakh for the machinery, and
15 lakh for the plant. The liabilities on this Unit on 31st March, 2011 are 35 lakh.
The following are two options as on 31st March, 2011:
Option 1: Slump sale to Y Ltd for a consideration of 85 lakh.
Option 2: Individual sale of assets as follows: Land ` 48 lakh, goodwill ` 20 lakh, machinery 32 lakh, Plant 17 lakh.
The other units derive taxable income and there is no carry forward of loss or depreciation for the company as a whole. Unit C was started on 1st January, 2005. Which option would you choose, and why?

Question 2

Describe the Service Tax Law in USA and concept of negative list. Write about the exemptions and rebates in Service Tax Law.

Related Discussions:- Describe the service tax law in usa and concept of negative

Lntroduction, scope of operation research\

scope of operation research\

Relationship between media producers and audiences, 1. We have looked at a ...

1. We have looked at a number of theories explaining the nature of the relationship between media producers and audiences. Give a detailed description of at least three of these ap

#title, WHOM DO YOU THINK RAJENDER WILL EAT WITH? WHY?

WHOM DO YOU THINK RAJENDER WILL EAT WITH? WHY?

Scope, write the scope of operation research

write the scope of operation research

Solve the following lpp by graphical method, A company manufactures two typ...

A company manufactures two types of printed circuits. The requirements of transistors, resistors and capacitor for each type of printed circuits along with other data are given in

''qualitative generic research'', Use the following article on qualitative ...

Use the following article on qualitative approaches written by Kahlke (2014), http://ejournals.library.ualberta.ca/index.php/IJQM/article/viewFile/19590/16141/ to answer the fol

Paired sample sign test - hypothesis testing , Paired sample sign Test ...

Paired sample sign Test Paired samples sign test is applied to a situation where two sample are taken from two population which have continuous symmetrical distributi

Markert reseach, The Upjohn Company, based in Kalamazoo, Michigan, manufact...

The Upjohn Company, based in Kalamazoo, Michigan, manufactures and markets pharmaceuticals and health-related products. With more than 19,000 employees and distribution in over 30

Classification of documents by physical characteristics, CLASSIFICATION OF ...

CLASSIFICATION OF DOCUMENTS BY PHYSICAL CHARACTERISTICS : Documents of various types have been classified on the basis of their physical characteristics, familiarity

Panel sampling - sampling decisions, Panel Sampling Here the initial s...

Panel Sampling Here the initial samples are down on random basis and information from these is collected on regular basis. Itis semi permanent sample where members may

Write Your Message!

Name

Email id

Message

Verfication Code

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd