We have manufactured and supplied acoustic enclosures for DG sets from Agra (U.P) to Bharatpur (Raj.) worth Rs.11,50,000 only on 30 July 2008 charging 2% CST against Form-C.

Now the buyer want to deduct 3% Works Contract Tax on the whole value from my payment.

My question is:
1.Whether is the deduction legally correct?
2.If yes than is there any procedure where we can claim any refund for the same?

Thanks in advance!

Kindly tell that if a person who has been abroad on deputation for 3 years. And now after returning to India He wants to purchase a new House in Metro City...
How to Purchase the house to get maximum tax benefits and Wealth Tax Benefits????

Dear all, pl.calrify
1.Entry Tax - import of machinery for the purpose of work executs-digging work (work contract co.) in karnataka, this is a capital goods, entry tax is payable or not
2. if payable this amount can be adjusted in vat payable .

my mail id is msvasu@asterrail.com

Dear All,


Please tell me, What is the Entry Tax?

& i bought one imported Machine to AP, But karanaka state collect entry tax is it correct please clearfy me.


Durga Prasad Garaga

Dear CA Club Expert

I want to know the process of surrender PAN
card .

Thanks & regards

Deepika Tyagi
primecfo@hotmail.com

I want to receive USD 5000 or equivalent Indian Rupee as a gift from my brother living in USA, who is at present on Green Card Status i.e. Non-Resident Indian. My questions are:
(i) Is there any Monetary Limit fixed by the RBI or any other government body on such remittances?
(ii) Whether any permissions has to be obtained for the above from anybody?
(iii) If yes, what is the preocedure and what are the documentation?
(iv) Is any procedure or documentation is to be done after receipt of the remittance?
(v) Is any Gift Tax or any other Tax is to be levied on such remittance?
(vi) Is there any special procedure to be followed by the Govt. Employee for the above transaction?
(vii) What if, my brother acquires Citizenship of USA before sending such remittance?

sir, when the parent company advances money to sub company.there will be a huge credit balance.when sales are booked as per transfer pricing some advances wouldget knocked off. but some of the advances would be towards fixed assets. the entry passed is fixed assets debited and credited .but some amount would have to be transferred to some other account. if so kindly guide me on the above . thaks

I AM UNABLE TO FILE RETURN ONLNE..
I HAVE DOWNLOADED ITR 2 AND I HAVE ENTERED THE AMOUNTS ALSO...
AND THE OPTIONS(NEXT, PREVIOUS, VALIDATE, HOME etc.) IN THE SHEET ARE NOT GETTING VALIDATED...
COULD U HELP ME IN THIS..
SHOULD I HAVE ANY OTHER SOFTWARE.. OR CANT I FILE INDIVIDUALLY...

Could anyone tell me that how exemption in respect of HRA should be claimed while filing return of income?
Head of Income - Income from Salary
Do anything need to be furnished in respect of rent paid.

Hi,

What is Professional Tax.

Does a person working as a software engineer has to pay professional tax. In case he has to pay, then will there be any professional tax no. issued to him like a PAN No.

Anupama.