What will be the journal entry for VAT payable ( Excess Vat to be payable after VAT 240)?

I am a male, and I work in a private limited company, I receive Rs.12000/- CASH (Rs.156000/-P.A including bonus), as salary per month, no Prof.Tax, PPF, ESI is deducted from my salary, and other income (tuition fee etc Rs.35000/-p.a)

If I show Rs.1,56,000/- as salary income in my ITR, is there will be any problem, as P.Tax as applicable on Salary exceeding Rs.7000/- + Can ITO ask me, about it...please reply Thanks & regards

Dear Sir,

i would like inform you about a pvt ltd company having authorised capital of 250000 shares and 10500 shares are alloted, since last five years we have recd 950000 as a share application money and we same show in bal sheet but we not alloted the shares since last five years,

what would the implication in case we nt alloted shares.

and also provide the procedure to allot the shares to foreign residents incase foreign residents documents r not available.

Foreign Residents are sons of directors plzz provide me procedure as earlr as possible.


Email id : lundkaran@gmail.com

my company has received a bill from an advocate for profession fees ... as per the reverse charge mechanism i am supposed to pay service tax on the profession fees as a service recipient.
but my query is .. if the service provider (advocate)has not crossed 10 lakhs .. i.e he is a small service provider.. then should i still pay service tax at 12.36 % of the fees >

Which is the best software for e-TDS Return for Company

sir, my articleship started on 23rd april 2012 can i eligible for nov 2014 ca final exam?

Dear Sir

Shall we capitalise the following as fixed assets ?

1) purchase of new cartridges
2) purchase of computer mouse
3) purchase of motherboard, adapter, hard disc
4) purchase of UPS

Total purchases may be below 50000 to 60000.

Please answer and if yes to which account should this be debited ?

Thanks
Arun

The following is the agreement entered into between the assesse and a contractor in Apr-2010: "The contractor will takeover the existing flat and after rebuilding it, he will give a flat bigger than the old one and compensate for the rent in the period of construction. How should this case be treated for Capital Gain. Is it consider as transfer? What is gross consideration? Sec-54 applies or not?

Thanks in advance

Please sir its urgent

i get to know that is possible only in last year of articleship but we can't get articleship in a company in first 2 years . please tell me the right conditions to go for training in a co.