Gurmukh Singh
27 December 2008 at 17:17

Regarding the sale and purchase & VAT

hello every one

Please tell me if we buy goods from other state and paid ful vat @ 12.5% or 4% whatever . Is we can get the input tax credit agst those purchase and if yes what are the formalities for that ot if Not then why


Please reply as soon as possible


Janardan
27 December 2008 at 17:05

Scope for CA inter passed student.

I am duing a job in company as a account assistant and i am passed CPT. My question is that if i not to do articalship and passed CA inter than can i get good job? how much scope of CA inter passed student (without articalship) in Organisation ?


shanmuganandam
27 December 2008 at 16:58

Depreciation

My friend not maintaining any books of account since his income/total receipts are not exceeding the limit specified u/s 44AA. Further he is preparing Statement of Affairs as on 31st March every year. At the time of computing his taxable income, he has deducted depreciation and other expenditures from the total receipts. Pl. confirm whether depreciation is allowable one even though books are not maintained and also quote if any case laws and income-tax sections.


PRIYA
27 December 2008 at 16:39

Unsecured loans from directors

Dear sirs,

A private limited company has accepted loan from a director exceeding the limit specified in Section 269SSS in cash and by account payee cheques. The repayment of the was also exceeding the limit specified in Sec 269T . Is cash accepted as loan and repaid in cash detrimental to the company? To what extent ? What can be the consequence of the transaction?


Regards,
Priya


Kunal Lakhani
27 December 2008 at 16:22

Auditing Standards

I m a student of PCC when i was registered in PCC the Audit Standards Were Refered as (AAS) But I got a Information that Its is Replaced BY SA there No.is also changed.But I have not found that even at website of CA INstituite So if this INFo. is true then plz guide me how to arrange the Audit Standards ...... & If u Have a soft copy then plz send me.


Thank U
Kunal Lakhani


Rashi
27 December 2008 at 16:18

Education Cess

Whether Education Cess and HSE can be utilised from the basic excise duty availed.


DR SURENDRA KUMAR
27 December 2008 at 16:17

CHECKLIST FOR POSTSHIPMENT DOCUMENT

DEAR SIR,
WITH REF. TO ABOVE PL CONFIRM/SEND IN MY MAIL ID WHAT IS THE CHECKLIST OF POST AND PRE SHIPMENT DOCUMENTS.
THANKS
DR. SURENDRA KUMAR


Amit
27 December 2008 at 16:02

Effect on Un-registered dealer.

I want to know that, what would be the effect on unregistered dealer, they purchase with vat and sales afetr adding vat with sales price, but do not pay the vat to govt. so actually customer will be the bearer of high cost and dealer engulf the vat collected from customer. may I know, the company who sale the prodt. to Un-registered dealer have to pay any extra amount? plz referred the total cycle of Vat Purchase and Sales to Registered dealer and un-regisered dealer with any examples.


Sonia Verma
27 December 2008 at 15:54

Bankrupcy & Transferred House

If X had transfered his House to his Daughter (major,unmarried) b4 filing for bankrupcy....can the Reciever claim that House on behalf of the Bank(s) frm whom X had taken Loans?????

P.S--- the House wasnt subjected as security provided for the Loans


Mandeep Modi
27 December 2008 at 15:24

House Property and Deduction U/s 80C

I have a query on house property.

There are two assessee X and Y. Both own the property equally. But EMI on loan is paid by X and the benefit was claimed by Y on the Interest and Principal amount in his return of income. But Y haven’t claimed Stamp duty charges and registration fees U/s 80C. Now X who haven’t filed the return can claim such expenses u/s 80C.






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