Pls do let me know any CAs working in Bangalore who can help me in incoporating a pvt. ltd. company.
You can contact me on bhacharya@yahoo.com

Thanks for your help in Advance.

Is The vat is laviable on Restaurant Business....? If Yes how...? N is there any type of Lumsum scheme available for this business...? Or else for where I can have All good knowledge of VAT for Restaurant Business Plz Guide about the same.........?

what is quasi capital. what level it can be treated as owned fund by financial institution of proprietorship concern, partnership, public and pvt ltd compnay

How the Income tax calculate On the profit

What Is procedure To Calculate the income tax on profit

Sir,

I have some confusion in respect of the service tax liability on my MLM business.
As the nature of this business is I am supposed to "retail" products of my parent company on person to person basis and build a network of people doing same. I am getting commission income from the parent company on my personal sales and group sales under me.
The amount of commission received by me from the parent company during a FY is approx. Rs. 3-4Lakhs.
My personal retail sales volume in a FY is not exceeding Rs. 1Lakh.
And for the group under me, I am not providing them any kind of service or assistance in creating their sales. They are getting all the support and assistance from the parent company.

Please guide me on this. Am I liable to pay service tax on my personal sales and/or on my group sales
OR
On the amount of commission I am getting from the parent company (Which is under the excemption limit of >10 Lakh.

Dear expert can we adjust the CST paid while purchase of material with VAT payable at the time of sale???

is it necessary to learn section no of every law

My uncle sold a piece of land to a friend in oct 08 who got the registration of sale deed done by paying 10% amount and the rest PDC's...which bounced
the 10% which my uncle got he invested in REC bonds and subsequently filed a case u/S 138 and 420 on his friend for the bouncing of cheques

Now 31st July is approching and his taxability seems to be in a mess!

Someone advised him to fill his return without the capital gain portion and only the interest income earned under the "Income from other sources" head....does that make sense?

He does not want to evade tax, and never has, but if he has to pay capital gain, he has no money to do so!

can he get an extension from filing his return on capital gain as the case is pending in the court?

What should he do?

We want the Clarification on following issues regarding submission of hard copy of Income Tax Acknowledgment (i-e ITR-V).

1) Whether Acknowledgement is to be sent via Courier, Registered Post or any other means.
2) Whether in a single envelop, can we sent acknowledgement of more than one Assessee.
3) Whether Acknowledgement is to be sent in Single or Duplicate.

Hai all ,

Under the above section ( Section 10 (38)) , kindly clarify , if the entire amount of Long term capital gain exempted ? If there is any new amendments , let me know?