If school is selling study material to his studunt, is school is liable to obtain VAT registration number?

Whether rejection of books u/s 145, amounts to non compliance with Section 44AA regarding non maintenance of books and penalty for non compliance with section 44AB can be levied u/s 271A accordingly?
Please also suggest recent case law, of any

My Client has not filed his return for the last 10 years but his TDS has been deducted every year can he file his return this year or will it Create penalty payment of last years return not filed.

IN FORM 20B THERE IS VERIFICATION ASKING FOR SERIAL NUMBER AND DATE OF BOARD RESOLUTION
PLEASE HELP ME BY TELLING WHAT IS THIS AND HOW IS TO BE FILLED

THANK YOU

I had given my 1st module of executive programme in june 13 with old syllabus. I am planning to give my 2nd module in dec 13. Is new syllabus applicable to me for 2nd module?

Dear sir/madam
I got news from my friend that we can appear for CA FINAL after 2 year of Articleship.

Is this news are correct?
Please Inform me.And if you know then please send me announcement link.

Thanks

whether payments for import of Raw Material by an Indian Company from a supplier in u.k attracts the provisions of Section 195? Does the DTAA contain any clause exempting the withholding of tax on raw material payments?
The foreign supplier has no PE in India.
Does Sec195 read with Sec 9 has any implication on this?

Please suggest.

Assessee has sold a residential flat in the F.Y.12-13 (A.Y.13-14) and has L.T. Capital gain of 2 Cr.He has invested Rs.2 Cr. In another residential flat and claimed exemption under section 54 in the F.Y.13-14 ( A.Y.14.15) well within the time limits. The bldg housing the said new residential flat has gone for redevelopment in the F.Y. 13-14 (A.Y.14-15). The assessee shall get a new res. flat with additional area. whether the handing over of the possession of the flat to the developer will be treated as transfer for Capital gains purpose. In which case the assessee will have to pay Capital gains on the previous sale i.e. 2% of 2crores i.e 40 Lacs, since the assessee will be presumed to have transferred /sold the flat he had purchased by claiming exempt under section 54. Is it the fault of the assesee ?Also, will the fact that the assessee will be getting a new flat be taken and will he not be liable to pay Capital gains tax.

Hi Sir. I passed IPCC group1 and joined a firm before 3 months. Dispute arose between me and my principle and now he is not willing to sign form 109. Currently Im in home only. He told that he will sign the form after 6 months. I dont know what to do. Pls help me. Thanks in advance.

Iam a timber dealer in Karnataka purchasing timber logs from Unregistered dealers and after processing the timber logs we will sell the cut sizes and also its by products like firewood and saw dust.

Whereas saw dust is taxable @ 5.5% and cut sizes is at 14.5% and I also pay tax on URD purchases @ 14.5%. Here I am giving some example


I have utilized the above urd purchases of Rs. 6812415 fully. Now after audit sales tax authorities were restricted input tax under rule 131 of Karnataka vat act on sale of firewood of Rs. 238380 and imposed a tax Their calculation is as under

NON-DEDUCTABLE INPUT TAX= (SALES of exempt goods + non taxable transactions) X total input tax On URD Purchases
TOTAL SALES (INCLUDING NON – TAXABLE TRANSACTION)



=(238380+0) x 987800 = 25410.00
9266954


Whether the sales tax authorities are correct or not, please clarify