Appreciation of an asset

What are direct and indirect tax? what do you mean by appreciation of assets? Explain with an example

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kotresh

  • Sep 9th, 2012
 

Appreciation means increasing value of an asset.

Example:Land....

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Divakar B

  • Nov 28th, 2012
 

Direct taxes are nothing but , collecting tax by govt directly from the specified assesses, example is Income tax , wealth tax.
Where as indirect taxes are collecting indirectly from consumers say u are bearing excise duty on all manufactured products, Examples are VAT, Excise duty , customs duty, Service tax

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Laukesh chaudhary

  • Dec 29th, 2014
 

Direct Tax mean the tax which directly impact on the the person on which levied where as the Indirect tax are the tax which are transfer from one person to another till end user

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local transporting charges from Islamabad to gilgi

  • Mar 11th, 2015
 

should not capitilize just operating exp.

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Priyabrata

  • Jan 30th, 2017
 

We have to capitalise the transport cost as well if its new set up of machinery.

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