Sir,
Fact:
A delhi based Co. which is not registered under VAT wants to sell one of its Asset to a Company in Rajasthan.

Querry 1: Will the seller has to charge salestax in Invoice.

Querry 2: The invoice value is below 10 lac, still is salestax to be charged

Querry 3: Suppose, if a Delhi based Co. transfers its asset to a branch in Rajasthan then is there any transfer form to be filled for the purpose of meeting the road checks on the way.

1. WHETHER FOREIGN CURRENCY IN CASH CAN BE ACCEPTED FOR EXPORT OF GOODS ?

IF YES,
(A) IN ADVANCE BEFORE DISPATCH OF GOODS ?
(B) AFTER DISPATCH OF GOODS ?

IS THERE ANY LIMIT (AMOUNT WISE) ON ACCEPTANCE OF CASH BY WAY OF FOREIGN CURRENCY FOR EXPORT OF GOODS ?

2. WHETHER EXPORT CAN BE MADE THRU INDIAN POST PARCEL SERVICE ?

3. WHETHER EXPORT CAN BE MADE THRU PRIVATE COURIER AGENCY ?

One of the Pvt Ltd Company recd. Foreign inward Remittance from abroad Vide FIRC dated 09.9.2011.Now we want to remit the same; However Bank want the undertaking from us..

Now the Question arises as under what basis we should show the inward remittance so that we don't face the problem of RBI/FEMA Act..

Regards,
Khushal

I am doing job of medical serivce doctor in a hospital. the hospital paid me under professional service & deduct my tax under sec 194J. for F.y 2011-12 total receipt is Rs,1620000/-p.a Pls guide me whether TAx audit is applicable to me or not. & in f.y 2012-13 my gross receipts from the same hospital is Rs.18,00,000/- pls also guide me whether TAx audit is applicable to me or not.

Can be advised about a good institute for CA-IPCC Coaching at Mysore .....

We have wrongly paid excise duty in some other ECC code. We had made certain compliances for the same at the time of wrong payment but now after one year they have issued a SCN for default in duty payment. Further ECC on which we have made payment is surrendered 6 years back and we have documents for the same. wht to do now? and can i have any case laws reference for the same?

We have taking some manpower work after he raised to service invoice with service tax but he not registered at the time of invoice raised(after he registered) and also he not mentioned service tax no. we cannot paid service tax till date but he asking service tax - i can liable to pay service tax or not

Co. is Pvt ltd and incorporated in April 2013 and want to issue share at discount by 80% (i.e.100 -80 ) issue at 20 so please guide the procedure and chance of sanctioneing discount. If you provide accounting treatment will help

If shares are sold by a foreign company to an individual at cost of acquisition, what would be the tax impact? dCf valuation will have to be done for income tax and FEMA purposes? Kindly advise? Capital gains would be nil? Tds required to be done.

sir,
I am a partner in CA firm of two partners. I am not able to understand whether on the income tax site
we should register ourselves as a firm or as an individual auditor.
means I should register with the name of the firm or with my name.
Plz reply

Thanx