CA Vaibhav Jain
15 January 2009 at 11:48

section 50C

Membership of a co-operative society was transferred(in form of shares) which in effect lead to the transfer of immovable property.No registration of transfer of immovable property was made and hence no stamp duty was paid.
Does this transaction attract section 50C ?


Nitin
15 January 2009 at 11:40

how to calculate salary tds monthly

how to calculate salary tds monthly


CAricha
15 January 2009 at 11:28

capital gain

Hi all
if i am selling a gifted land what should I do apart from claiming exemption u/s54, in order to avoid the capital gain tax.

Please reply asap.

Thanks


latpate b.l.
15 January 2009 at 11:15

Availability of Cenvat credit

Dear Sir,
We have purchased some goods from 100% EOU. They have charged us with BCD 7.5%,CVD 14%, Edu cess 2% on CVD, S&H Edu cess 1% on CVD,Edu cess 2% on T-Duty, S&H cess 1% on TD, Custom Cess 2%, Custom S&H cess 1%.

Please advice us which duties are available as cenvat credit to us.

You Replied:- All the duties like BCD , CVD Etc can be availed as cenvat credit and education cess can also be cliamed as input, but cess can be utilized to write off cess.

Under what authority BCD is available for cenvat credit? Please quote.


bhavna
15 January 2009 at 11:13

Audit of general insurance

I want to know detail information for how to start the insurance auit? what points have to check in that.
plez provide me details.


latpate b.l.
15 January 2009 at 10:51

cenvat credit availibility

Dear Sir,
We have purchased some goods from 100% EOU. They have charged us with BCD 7.5%CVD, 14% Edu cess 2% on CVD, S&H Edu cess 1% on CVD,Edu cess 2% on T-Duty, S&H cess 1% on TD, Custom Cess 2%, Custom S&H cess 1%.

Please advice us which duties are available as cenvat credit to us.

Thanking You,
Latpate B.L.


Ankit Agarwal
15 January 2009 at 09:53

FBT

These days internet services are also provided through Data Cards which contains a mobile sim number inside. It is considered a perfect substitute of normal dial up modems as its speed is equivalent to it and can be taken to anywhere.

My query is whether expenditure incurred for accessing internet through data cards is chargeable to FBT or not. And if not then why??


P.S.VISHWANATHAN

we are a dealer in Delhi. We have accumulated input vat credit and the same is adjusted against cst liability as more than 99% of our sales are inter-state. My query is whether the input tax credit can be utilized to discharge the liability arising out of non submission of Form c by our customers? The liability includes additional CST,INTEREST AND PENALTY THEREOF


sanjeev
14 January 2009 at 20:25

capital gains

I have purchased a plot of land in the year 1996 for an amount of Rs. 5,00,000/- and spent Rs. 1,00,000/- on stamp duty. Now I intend to sell the same plot of land for Rs. 40,00,000/-.
My query is that how much I have to pay as capital gain tax.
what will the exact capital gain on which i have to pay tax or how much i have to invest in any type of bond to save capital gain tax.


CA Sandeep Thakur
14 January 2009 at 19:19

Cash Discount

the client showingthe the cash discount on the face of invoice nad book the sales with gross amount ,


whether it is subject to cst





















and can be regarded as trade discount





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