WHAT IS THE DEFINITION OF SUBSTENTIAL INTEREST IN CASE OF COMPANY IN SECTION OF DEEMED DIVIDEND (SEC 2(22)(e)).

A Pvt Ltd company in the field of services at Bangalore, want to start operations in another state with 50:50 ratio with another party from that place. Which would be better method? start as Franchise or start a pvt company and become it parent or Partnership with other party and retain its original name?

we import raw material and pay SAD.
This RM is used for the production of a final product on which VAT is applicable.

Now whether teh SAD paid on import of RM can be set off against my VAT liability and if yes can u also provide the circular no?

Dear Sir,

A rental agreement is made between a pvt company from 01nov 2008. in two part.

1st part states (60000) as rent on business premises inclusive of service tax. The service tax if any applicable shall be reimbursed by us.

2nd part states (40000) as rent on amenities ie- telephone, furnitures etc(exclusive of charges)

How we will book the J.V. of these expense?

Is the service tax applicable on (1) & (2) or only (1)

What is the clause in respect of service tax on rental agreement.Whether a service tax no is mandatory to be provided on agreement or agreement is enough.

Regards,

Khan

Dear sir,
I am going to write C.A. final on November 2010. Is there any change in AAS because i have to start my preparation.
is there any major change?

Can anyone help me ?

Whether tax audit u/s 44AB is applicable to the Trust if the total turnover during the year exceeds Rs. 40 Lacs?

if total machinery was destroyed by fire after the balance sheet date and before the board meeting and the loss was estimated . EXPLAIN WHETHER IT IS an adjusted event or not?

Dear freinds,

We are a trading company situated in Bangalore.
We have just opened a Branch in Tirupur and taken a sales Tax registration for the Branch.

I would like to know what all the procedures under Karnataka Vat for stock transfer materials from Bangalore to Tirupur.

Regards

Subramanian

If a company stock Transfers it's goods to other branches at Pricelist price+ Ed and at branches it sells to customers at lesser price than the stock transfer price,so we are collecting lesser ED from the customers.Whether the company can claim Refund of excess ED paid

If
Annual consumption -12000units ( 360 days)
cost per unit- re. 1
ordering cost re. 12 per order
inventory carrying cost 24 percent
norma lead time 15 days
safety consumption stock 30 days
Hw nmuch shld b ordered each time?
When shld b order place?
What shlod b inventory level immediately b4 material order is recd.?