Start with a quick summary: 1  What is your project? 2  What are your assets? 3  How do you want the person to help? e.g. appearing at an event, signing a photo, etc. 4  Why they are a good candidate to get involved. 5  What will the celebrity get out of it? 6  Make it personal. 7  Proof read your letters, and have others look them over, too. 8  If you would like a 9  ... Inontacting celebrities can be time-consuming and expensive if you do it wrong, so it makes sense to have a solid plan before you start reaching out to people. Prepare your campaign materials thoroughly before you even consider which celebrities you want to get on board.
For the purposes of Income Tax Act, a previous year is a distinct unit. In case an asset is discarded by the business but not sold, section 43(6) permits the scrap value of the asset to be reduced from the block in the previous year in which such asset is discarded.nder the block concept, all the assets falling within the same class and subject to same rate of depreciation are clubbed together and considered as single asset. Any alterations to the value of the block have to be strictly in accordance with the provisions of Chapter IV D of Income Tax Act, 1961.
However, the company would only be able to report this deferred tax asset of $100,000 if the chance of it making more than $100,000 in income in the next quarter was greater than 50%. Some examples of when a deferred tax asset may arise are: 1  When a company incurs a tax loss, it can then carry forward the tax loss to reduce taxable income in future years. 2  When a company incurs an accounting expense such as debt write-offs or losses on mark-to-market, but does not immediately incur the tax relief.