Dear sir the case is in a manufacturing industry,coal is purchased and it is used in manufacturing of electricity and electricity manufactured is used in running other activities of manufacturing process of industry. Now my question is, Whether freight paid on purchase of coal should be included in its cost as purchase or should be shown in manufacturing expenses as freight inward. I m waiting

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Can we claim deduction of donation in FY 2012-12 made in June 2013 i.e.on or before due date of filing return...?if No is there any other option to save tax of a salaried employee having salary of Rs.12 lacs

I had deducted tds @ 20% for not having pan & filed return accordingly. Now tds dept. send intimation regarding PAN errors. what con i do?
also for late filling of tds return they impose penalty u/s 234 E (Rs.200/- per day).
this penalty will be revoke or i have to pay it.

Waiting for quick reply

Dear Sir,
Suppose net profit of a firm in fy 2012-13, before tax is Rs. 80000/- and income tax comes to 24720/- and interest thereon for non payment of advance tax comes to Rs. 3700/-.

Now I should credit which one of the following in partners capital a/c.

1. 80000 - 24720 + 3700 = 51580

or

2. 80000 - 24720 = 55280


Please clarify.

Our co. Deduct tds on each bill bt paid under single challan for all qtrs for each party . Can we use dt challan in parts like use relvant amt in deducation column and balance in others. Same proc. Follow in all qtr.

which type of products we will add in road permit at the time of filling road permit?

Case 1: Goods which are taxable at purchasing state or Goods are taxable at selling state.

Case 2: is it mandatory to mentioned goods which are against central form in road permit , if these goods are tax free in purchasing state.

which items are covered for rabate under 80CCC & 80 CCD

A company in hostel business with income accruing from boarding and lodging, provides similar offerings to a university in running its hostel for students of the univeristy as the hostel is outsourced to the Company. The query is
1. should university deduct TDS payments to the company - Boarding and Lodging provider?
If yes at what rate?

Thanks in advance for the help

how to make account entry
1) we from Maharashatra made sale (branch transfer)to our branch in goa (without vat against Form 'F'

2) the above material sale (from goa brnach) to customer.

how to make account entry in tally

Dear experts,

I recently applied online for icwai intermediate exam (dec 2013 attempt). But haven't received any study material as yet. My friend who had applied with me already received his books. The regional center asked me to contact kolkata head office for details but no one is picking phone there.

Also I paid Rs 15,700 for registration in intermediate...I want to know if it covers computer training fees and soft skill development seminars ? Or will I have to pay more for computer training.

Thank you for reading, response would be helpful for me.