case:1 An Assessee constructed a Residential house in new delhi in 2003-'04 F.Y by taking a loan in ICICI Bank construction took 4 years to complete and Assessee claimed intrest in I.F.H.P. Head and he decided to sell the residential property in 2012-'13 F.Y. L.T.C.G.arised on sale Now,can an assessee claim the intrest in the gain under indexed cost of acquition??

Dear Members
I'ld like to know the taxability of Sales if the sale is out of the state and there is no transfer of property in goods from one state to another...

In case of one of my client, He executed one contract in Tamil Nadu. He is a registered dealer in Maharashtra State. He purchase all the material in Tamil Nadu including Labour... now problem i am facing is that particular sale cannot be treated as OMS sale as there is no transfer of property in goods from one State to another State..
He is not register dealer in Tamil Nadu..
So in this case as per my interpretation this sale is not a local sale so not taxable in Maharashtra state and not OMS Sale as no From "C" will be issued...

And if my interpretation is right how should I report the same in Audit Report in "Form 704"

Thanks

Dear Members
I'ld like to know service tax calculation and service tax rate if the service provider is a works contractor and also input tax credit available on service tax paid to sub contractor...

Thanks

sir am appeared for ca ipcc in nov attempt tell me what are the next levels to be completed explain in brief

Hi , Service tax not charged by service provider for which service receiver is liable to pay Servicetax.And service receive has paid Servicetax. What are the accounting entries to be passed in the books of service receiver.

m preparing for IPCC both grps for May attempt..and I wish to pursue cs along with ...if anyone cud tell the addl syllablus to be covered for cs n what has already been covered in IPCC..?????

I AM UNABLE TO FIND / OPEN WEBSITE WHERE CENTRAL SALES TAX (GUJARAT) RULES 1970 IS AVAILABLE. I WANT FORM 5(B) i. e. APPOINTMENT OF MANAGER AND ACCEPTING RESPONSIBILITIES

sir can someone tell me what is the position of M.D. , company secretary , C.E.O of a company and tell differences between them
thanks in advance

internal asset transfer , what is entries pass in book

IF MR P HAS FILED DECLARATION VCES 1 FOR FINANCIAL YEAR 2010-11 DECLARED Rs. 10,00,000/-AND PAID TAX ON THIS AMOUNT AS PER SCHEME .


AFTER 31ST DEC-2013 AFTER THE Scheme period , service tax AUDITOR found total amount on which tax not paid 10,80,000/- (including above 10,00,000/-) for the financial 2010-11, now what will be the liability on 80,000/- which was short declared .