If one Firm receive transport service, GTA engaged by manufacturer for delivery of goods produced by him, Consignment note issued by GTA on the name of Firm as consignee.But Firm is not paid Freight separately to transporter as the value of goods, inclusive of freight and paid to manufacturer.Is any S.T. livable under Reverse Charge to Firm on this transaction? If manufacturer bifurcated fright on Excise Invoice issued by him? or the manufacturer is liable to pay S.T. and take input credit on S.T. paid.

Pls helpme out regarding filing of income tax return of my uncle and whether he need to file return as per his status
His status as follows
He lives in Kuwait (out of india) doing his own business there
And he is having no income from india at all i.e. all foreign income but having bank , NRE a/c on which he is getting some interest around 10000-15000
And having land property in india
Staying In india for 4-5months in a year
So tel me whether he needs to file his income tax return though he dont have any indian income

RAWMATERIAL PURCHASE PRICE 8892.00 + VAT AMT @ 5% 445.00 DT. 06.08.13
CREDIT NOTE RECEIVED FROM PARTY RS. 750/- FROM THE SAID PARTY FOR RATE DIFFERENCE
MY QUESTION IS IN SALES TAX RETURN PURCHASE PRICE WHICH AMT TO SHOW ? IS IT 8892.00 OR AFTER DEDUCTING 750/- FROM 8892.00 = RS. 8142.00
ALSO INPUT VAT TO BE TAKEN RS. 445/- ? OR 8142X5% = 407.00 ?

PLEASE GUIDE

Hi I have cleared Group 1 in IPCC scoring 243 and having exemption in accounts in group 2.I have applied for articleship in many firms but still havent received any reply.Please suggest me some firms which accept group 1 cleared students for articleship.
I want the articleship in mumbai

Thanx

When a Dealer makes a sale under VAT less than the rate he has received and in turn his supplier issues Credit note for the loss as Discount without any Tax breakup, Will this
Discount attract Vat? in Karnataka

IS IT COMPULSORY PARTNERSHIP FIRM TO FILE IT RETURN BY E FILING

Hi,

Suppose I have an invoice of Rs.80,000. I have paid it as

Day 1 - 18,000
Day 2 - 18,000
Day 3 - 18,000
Day 4 - 18,000
Day 5 - 8,000

Will it be disallowed under section 40A(3).
Can anyone give me any relevant case law for the same.

Thanks in advance.

Dear Experts,
please tell me some company are opening various bank accounts,
kya iska koi benifits hai ya ni.

sir/mam,i am going to write cpt for dec. and want to know are there any additional books relating to law which i can refer because i am not able to answer practical questions!!!! please suggest some book which according to u are good

Dear experts

please tell me

1. minimum Authorized capital to incorporate Pvt co and Public co.

2. minimum paid up capital to incorporate Pvt co and Public co.


can we have Authorized capital Rs 1 lac and paid up capital Rs. 85k in case of Pvt co incorporation.