CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

DIFFERENCES BETWEEN -WRITTEN DOWN VALUE AND NET BOOK VALUE

DIFFERENCES BETWEEN -WRITTEN DOWN VALUE AND NET BOOK VALUE Written-Down Value (WDV): Definition: The Written-Down Value (WDV) is a method used for calculating the depreciation of assets for taxation purposes in India. It is primarily governed by the Income Tax Act of India. Under this method, the depreciation is calculated based on the diminishing balance

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DEFINITION AND DISTINCTION OF THE TERMS – ACQUISITION COST

DEFINITION AND DISTINCTION OF THE TERMS – ACQUISITION COST Acquisition Cost Definition: Acquisition cost refers to the total expense incurred by an entity in obtaining an asset or acquiring goods or services. In the context of India, acquisition cost can pertain to various scenarios such as procurement of machinery, purchasing raw materials, acquiring property, or

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FACTORS AFFECTING LIFE OF PLANT AND MACHINERY

FACTORS AFFECTING LIFE OF PLANT AND MACHINERY Factors Affecting Life of Plant and Machinery  Maintenance Practices: Regular maintenance schedules can significantly extend the life of plant and machinery. Adequate lubrication, cleaning, and timely repairs are crucial to prevent wear and tear. Operating Conditions: Harsh operating environments such as extreme temperatures, humidity, or corrosive atmospheres can

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DEFINITION AND DISTINCTION OF THE TERMS – HISTORICAL COST

DEFINITION AND DISTINCTION OF THE TERMS – HISTORICAL COST Definition: Historical cost in the context of plant and machinery refers to the original cost incurred to acquire or construct the asset at the time of its acquisition or construction. It includes all expenditures necessary to bring the asset to its present condition and location for

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ENGAGEMENT OF VALUERS BY HUDCO

ENGAGEMENT OF VALUERS BY HUDCO HOUSING AND URBAN DEVELOPMENT CORPORATION 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 . ONLY FOR MEMBERS OF CEV INDIA CLICK BELOW DOWNLOADABLE LINK TO GET COMPLETE DETAILS 

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MEANING AND DIFFERENCE BETWEEN FIXED ASSETS AND CURRENT ASSETS

MEANING AND DIFFERENCE BETWEEN FIXED ASSETS AND CURRENT ASSETS Fixed Assets: Fixed assets, also known as long-term assets or non-current assets, are assets that a company holds for long-term use rather than for sale. These assets are not intended for quick conversion into cash and are expected to provide benefits to the company for more

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAWS RELATED TO INDUSTRIAL HEALTH AND SAFETY

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAWS RELATED TO INDUSTRIAL HEALTH AND SAFETY Which of the following acts in India primarily deals with the health, safety, and welfare of workers in factories? A) Factories Act, 1948 B) Industrial Disputes Act, 1947 C) Workmen’s Compensation Act, 1923 D) Contract Labour (Regulation and Abolition) Act, 1970 Answer:

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APPOINTMENT OF CONSULTANTS IN WATER RESOURCES DEPARTMENT

APPOINTMENT OF CONSULTANTS IN WATER RESOURCES DEPARTMENT   WATER RESOURCES 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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