1) How to account far CST 2% purchases in tally. Ex: If a cst 2% purchase made from Ram & co (basic 15000, tax amount 300, total invoice value 15300/-) what is the purchase entry in tally.
I entry in tally :
Dr Purchase A/c 15,000/-
Dr CST 2% A/c 300/-
Cr Debit RAM & Co A/c 15,300/-
2) When I sold above to Hari Shankar Kr material 18900.00 ( Sales Amount : Rs 18000.00 & Vat @5%= 900)
Dr Hari Shankar A/c Dr 18900.00
CR Sales A/c 18000.00
Cr VAT 900.00

My question is above 2 entry is correct or not & how to adjust my Vat to cst tax.

Dear sir/madam, I want to take transfer of my articleship after one year on the grounds of my marriage and relocation to new city.i sent letter to icai along with proof of marriage certificate and principal CA permission letter i.e,No objection letter.but I didn't receive any response from icai,how many months it will take it's already 3.5 months are over..I called institute but they didn't say anything about the time it takes to respond..plss can anyone solve my problem???

Respected Sir,

I have taken LIC Policy on dated 31.3.2014 & deposit Rs, 50000/-as Premium on the same date.

Please tell me this amount is eligible under section 80c for the f.y. 2013.2014.

I want to know what is time time limit to file itr through e returns for exiting year and also for current yeras

Hi,
Can u please tell me Due date under 139(1),139(4)and last dates for revised return, rectification return with an example.

Thanks & regards

Dear Members

An assessee sells a Residential property and invests the amount in residential property in SEZ on Lease basis.The lease agreement between Lessor and Lessee is Perpetual one. The amount paid as consideration is non-refundable premium.

My query is whether the assessee can get Capital Gain Exemption.

Appreciate your ealy reply on the same.

Our company has purchased the EPABX System last year and in current year the supplier which is a proprietorship firm has raised the invoice for AMC Charges worth Rs.20000 (excluding service tax as it claiming SSI Exemption)

Now, the question arises whether AMC for EPABX is liable for service tax under RCM to be paid by our company to the Service Tax Department? If yes, then in which category of service - works contract or Manpower Supply Service?

We have filled an VCES application and by mistake we have short depsoited Rs. 10000/- i.e. amunt depsoited Rs. 4.25 lacs whereas 50% of declared amount Rs. 4.35 lacs

sir, is it tds should be deducted only on basic amount. i.e. tds not to deduct on ser. tax and also applicable for all Sec. i.e.Sec.194j,194c,194h, 194i etc.

can an unlisted public company allot shares ere by passing a board resolution to its existing shareholders??