if a machinery is used for making vatable goods, and the same machinery is being produced by assessee, whether input tax paid by assessee on raw material used for making machinery available as tax credit under gujarat vat?
DO HELP ME PLZ....
Thank you....
Dear sir,
whether or not chargeable to tax in this case, an individual received money from the relatives without consideration for the amount of 22 laksh then what is tax for the same and what is rate of tax for the same?
I want to invest in Tax Saving FD on my wife name but i paid the fund from my bank a/c by cheque. in this case i will take the benefit in tax save in u/s 80c
Dear Sirs,
What is the difference between Tax Invoice and Retail Invoices? When it is applicable?
Purchase under retail purchase invoice, Whether we are applicable to take VAT Credit,
When we can raise Retail invoice and Tax Invoice and to whom we can issue the both
Please explain
Thanks
Sohil Patel
company has received government grants in connection with depreciable asset. how account income for the year
I had wrongly shown my Income twice in my Income Tax Return for A.Y. 2010-11. This led to my refund being claimed less. Please suggest me how can I get it claimed. Can I file a rectification?
Sir,
I have filed the IT returns (online) for the AY 2011-12 with a refund amount, I checked the status in incometax website it is showing: ITR processed refund determined & sent out to refund banker... I did not receive any amount till date...
what i must do to get the refund amount....?
Thanks...
if a person is having a turnover of 15 lakhs, 9.25 lakhs in the last two preceding years and current financial has a value of taxable service of Rs. 11.90 is eligible for exemption as available to small service provider? Can this exemption be claimed more than one year?
Kindly suggest me how i calculate below Excise duty.
Ex.
Total Amount - 73937
Excise @12% - 8593
E. Cess @2% - 172
S&HE Cess @1% - 87
Taxable Amt. -- 82789
CST @2% (C form) - 1656
G. Total ---84445
Ajeet
Details of previous year i.e. 2010-2011
Total t/o Rs. 800000/-
Payment Recd. Rs. 200000/-
Details of Current Year i.e. 2011-2012
Total T/o Rs. 2500000/-
Payment Recd. Rs. 1100000/- in which previous year payment Rs. 400000/- & balance of Rs. 700000/- in Current Year.
What is the beneficial for me in service tax ????
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About tax credit on capital goods