NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
CTN PRESS DAILY CURRENT AFFAIRS SERVICES FOR ITS MEMBERS TODAY’S CURRENT AFFAIRS DIGEST (CAD) Current Affairs Daily Digest – 09 Feburary 2024 Supreme Court Issues New Guidelines for Environmental Regulatory Bodies On January 31, 2024, the 3-judge bench of the Supreme Court (SC) of India issued a set of guidelines for effective functioning of environmental […]
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FACTORS TO BE CONSIDERED FOR COMPONENTIZATION OF ASSET Factors to be Considered for Componentization of Asset Asset componentization is a critical process that involves breaking down a fixed asset into its various components for accounting and taxation purposes. In India, this practice is governed by accounting standards and tax regulations. Several factors need to be
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DEPRECIATION UNDER THE INCOME TAX ACT, 1961 Depreciation under the Income Tax Act, 1961 Depreciation is a significant concept in the realm of taxation, particularly under the Income Tax Act, 1961 in India. It pertains to the decrease in the value of assets over time due to wear and tear, obsolescence, or other factors. Understanding
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ASCERTAINING DISCREPANCY IN PLANT AND MACHINERY Ascertaining Discrepancy in Plant and Machinery: An Essential Endeavor In the realm of industrial and manufacturing sectors in India, the accurate assessment of plant and machinery holds paramount importance. These assets constitute a significant portion of a company’s balance sheet and play a vital role in determining its financial
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INVENTORY MANAGEMENT: ESSENTIAL MACHINERY LISTING AND DATA COLLECTION Inventory Management in India: Essential Machinery Listing and Data Collection Inventory management is a crucial aspect of any business operation, including in the context of Indian industries. Whether it’s manufacturing, retail, or service-based businesses, maintaining an accurate inventory listing of machinery is essential for smooth operations and
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COMPARING INVENTORY WITH PLANT AND MACHINERY RECORDS MAINTAINED BY THE COMPANY Comparing Inventory with Plant and Machinery Records in Indian Companies In the dynamic landscape of Indian industries, maintaining accurate records of inventory and plant machinery is crucial for efficient operations and financial transparency. Companies often face challenges in aligning their physical inventory with the
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Limit BCI’s power, uniform LLB, LLM curriculum, mandatory apprenticeship: Parliamentary Panel Suggests. The Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice chaired by Sushil Kumar Modi has submitted a report on Strengthening legal education given emerging challenges before the legal profession. The committee chaired by Sushil Kumar Modi, MP, Rajya Sabha, presented its
MEANING AND DIFFERENCE BETWEEN LEASEHOLD AND FREEHOLD PROPERTY Freehold Property: A freehold property refers to real estate that is owned outright by the owner, including the land and any buildings or structures on it. The owner of a freehold property has full ownership rights and can use, modify, and sell the property as they see
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW – PLANT AND MACHINERY Which act governs the taxation and depreciation of plant and machinery in India? a) Income Tax Act, 1961 b) Goods and Services Tax Act, 2017 c) Companies Act, 2013 d) Central Excise Act, 1944 Answer: a) Income Tax Act, 1961 What is the maximum
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EMPANELMENT OF ADVOCATES IN STEEL AUTHORITY OF INDIA LIMITED STEEL AUTHORITY OF INDIA LIMITED INVITES APPLICATION FOR EMPANELMENT OF……………….. …………………… TERMS AND CONDITIONS OF ENGAGEMENT, APPLICATION FORMAT AND OTHER DETAILS ARE AVAILABLE ON OFFICIAL WEBSITE. APPLICANT MAY SEND THEIR APPLICATION IN PRESCRIBED FORMAT . CLICK BELOW TO GET COMPLETE DETAILS
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REQUIRED CONSULTANCY SERVICES IN ROAD CONSTRUCTION DEPARTMENT ROAD CONSTRUCTION DEPARTMENT INVITES APPLICATION FOR EMPANELMENT OF …………………… TERMS AND CONDITIONS OF ENGAGEMENT, APPLICATION FORMAT AND OTHER DETAILS ARE AVAILABLE ON OFFICIAL WEBSITE. APPLICANT MAY SEND THEIR APPLICATION IN PRESCRIBED FORMAT . ONLY FOR MEMBERS OF CEV INDIA CLICK BELOW DOWNLOADABLE LINK TO GET COMPLETE DETAILS
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APPOINTMENT OF CONSULTANT FOR ARCHITECTURAL AND ENGINEERING DESIGN SERVICES PROJECT IMPLEMENTATION UNIT PROJECT IMPLEMENTATION UNIT INVITES APPLICATION FOR EMPANELMENT OF …………………… TERMS AND CONDITIONS OF ENGAGEMENT, APPLICATION FORMAT AND OTHER DETAILS ARE AVAILABLE ON OFFICIAL WEBSITE. APPLICANT MAY SEND THEIR APPLICATION IN PRESCRIBED FORMAT . CLICK BELOW TO GET COMPLETE DETAILS