For Example : We are billing on 3oth Nov of month, but we are sending stock on 5th Dec of next month because month closing pressure. On the way of Transportation in local, sales tax people are not allowing to transport, they are asking penalty etc.... because bill is 5 - 7 days old.
Please suggest me, In how many days we have to send stock after billing.
Thanks in Advance

DEAR SIR
I AM SELF-EMPLOYED TAXPAYER RUNNING SMALL OWN BUSINESS.
I READ ABOUT NPS WHERE I CAN GET DEDUCTION OF 10% OF GROSS INCOME.
THIS BENIFET IS OTHER THAN LIMITE OF RS.1 LAKH UNDER SECTION 80C.
PLEASE GUIDE ME ABOUT TAX DEDUCTION SCHEMES ANOTHER THAN 80C,80D,HOUSE LOAN.
THANKS.

we have a unit in SEZ and we have paid VAT on purchase of diesel that is utilised for running the DG set.
Can we claim refund of VAt paid on diesel under the Maharashtra VAT Act.

Dear Experts,

I have a master degree in Commerce & 7+ years experience in Accounts & Taxation. Now I am working as an Assistant Manager-Accounts in Mumbai. I have a good hand over Income Tax, TDS & Accounts. Also working in Profession Tax, Provident Fund, VAT & Service Tax.

I want to do any professional course through which I can gain more knowledge in my interested fields & salary also. I am interested for CA course also but I haven't sufficient knowledge of the procedure from start to end.

Kindly guide me for the same as soon as possible.

Thanks in anticipation.

I HAVE SUBMITTED RETURN OF INCOME OF AY 2013-14 PHSICALLY WITH THE DEPT SHOWING TAXABLE INCOME RS 4,90,000/- NOW AS PER REVISED INCOME MY TAXABLE INCOME IS MORE THAN 5LAC IE 575000/- SO I HAVE TO SUBMIT REVISED RETURN ELECTRONICALLY BUT CPC IS NOT ACCEPTING AS REVISED RETURN IN THIS CASE WHAT TO DO TO FILE REVISED INCOME PL EXPALIN

Sec 40A(3) is applicable on capital expenditure or not ?

Please give answer with example

My FINAL attempt is in nov-15, i've not joined any coaching class yet...is it too late! plz adivse...

Two parties entered into agreement for construction of the plant. In agreement it was laid a condition that in every RA bill some % will be deducted as Security deposit and this amount will be paid after completion of the plant and its maintenance for period say 5 yrs.The party not paid full amount as submitted as per RA bill and some amount is still showing as Receivable.

1. How we need to show the amount which is deducting like security deposit.Is it show as Security deposit or it should show as Sundry Receivable.

Please guide me on the above issue.

If need to show as Security deposit then is it require to reclassify the accounting entries passed till date.

Dear sir,

Our client return filed in timely.
We intimation received of Interest of 234B and 234C. And it is correct.

Now we deposit the amount .
Now what we do solve this demand whether we revise return or rectification?
If rectification filed than procees to file rectification.

Awating for reply.................

can minutes book of egm be amended???
If yes then what is the procedure??
Roc raised a objection??