'M'Auto spring manufacturer bought an sub-component Rubber pad for assembling in to the Spring.
Also the bought out rubber pads as is condition (no packing involved)are sold to another 'N'auto company which is a manufacturing a car motor and also a spare parts selling company.N company sells rubber pad to his excluive spare Parts dealer.
Whether MRP(Maximum Retail Price) rate will be applicable to 'M' Company.
Please clarify.
Regards
V.Ganapathysubramanian
As Income Tax Deptt. has made it mandatory to Deposite TDS/TCS Online, but some organisations can't avail Net Banking for some Internal Problem or some have Banking problems (Account hold in the Bank which are not Authorised). In these cases, Is this possible to pay online by any Individual / Consultant on behalf of the said Organisation/s ?
Kindly send me if there is any reerence from IT Deptt. to my mail ID : mhlaskar@gmail.com
Thankx & Regards,
Can Fixed Assets can be in Negative in the Fixed Assets Schedule after charging Depreciation as per Income tax Act 1961.?
Sir,
I want to know the present ceiling on no. of audits undertaken by the auditor.
If single Bill which consist of Part purchased cost & labour cost ,TDS to be deducted on Whole amount or only LAbour cost
Dear all,
Can anybody clarify the foll. doubt.
Transport charges charged in the Purchase bill by the supplier. Whether TDS to be considered for the Freight when it exceeds 50,000/- in a year.
Kindly clarify your reply to finance@jove.co.in
Madam/Sir,
I have not made any payment(i.e. brokerage) in a quarter. Whether I have to file nil return (Form 26Q) for the same quarter or not in the F.Y.2008-09. If the income of a person is not taxable, should he file income tax return for the year 2008-09?
i have a lots of shares of diff. companies. i trade daily in shares market.
then i want to know that what will be the method to calculate the STCG and also tax on the same.
suppose i have purchase the 25 shares of A co.on 5th may @ 50/-per , also 25 shares on 7 may @ 52/-per and 10 shares on 10 may @ 53/-.
on 12 may 40 shares sold out @ 52.50 per.
then in this case what rate i will take to calculate the gain
thanx
caamitbansal2007@gmail.com
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
MRP