Please tell me the similarity between the two sections i.e 115A and 195. Plz tell me which sec is applicable and how to decide the applicability of each

Can anyone please guide me how to make Vat entry during purchase and sales. ?How to make service tax entry during sellin of service and taking input service.? Our client is Hotel so luxury tax would be leviable so what will be its %.? Morever the vat and service tax would be levieable on gross amount after luxury tax? Please guide. Thanku for ur cooperation.

An Indian co. purchased some assets in foreign currency eqv to Rs 50 million on credit.At the year end the creditor is still outstanding in the books but the co. made an unrealised gain of say Rs 5 million on that.

What will be its treatment in accounts and Tax computation ?

Will there be any deferred tax impact of such unrealised gain ??

Dear All,

please resolve my query.

Hi,
I am filing a ITR of one of my boss since 1998,

in startig 2-3 Year we filed the ITR with "PAN APPLIED"

than next 2-3 Year we filed with "GIR No."

After some time i got PAN No. on phone by party & filed with that PAN which was wrong

Recently when i m filing ITR online for financial year 2007-08 i came to know the correct PAN no.

I filed with Correct PAN No. this time

Please tell me. what are the implication / penalties etc. can be charged on the Assessee.
also let me know what can we do for avoid any penalties & get this error rectified.

Thanks & Regards
Praveen

We have paid the TDS and accordingly file our quarterly return as well. But at the time of filing the quarterly return we have entered the amount credited (Party wise) by reverse calculation taking the amount of tds paid as base.

Now can we issue the TDS certificate by making alteration in the amount credited figure because the tds paid and deducted is tallied.

Or can we make the adjustment in the last quarter (By checking from the parties ledger account).

Please suggest which option is correct.

Thanks in advance.

Hi,

Have you received your admit card for JUNE 09- Final Exams. It is already 13TH MAY and I'm very worried. It also seems that the website www.icai.nic.in is also not working. Do you know what to do? Will it come? What to do if it doesnt come? The website is also not working. Already I am in tension. Now this tension also. Please Help me

Hi

A company is paying conyance expenses to the audit staff of quality auditors . Now whether this expenses should be shown as reimbursement to auditor or as should be shown as Conyance Expenses. FBT is not applicable on the said expense.?

Plz Reply

What is the time limit for filing of half yearly DVAT/CST online return and what is the time limit for submission of hard copy with challan.Please clarify what documents should be filed with hard copy of return.

Kindly advice me on High Sea Sales

What is High Sea Sales
How it is accounted
VAT on High Seas Sales
and other related matter