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subodh
27 November 2008 at 18:39

TCS accounting entry

My company makes sale of scrap to a scrap merchant, so TCS is applicable in this case. I want to know the rate of TCS for A.Y 2009-10 & wether TCS is to be paid from the sale proceeds or it is to be collected seperately from the scrap merchant.

E.g-- If say scrap worth Rs 1000 is sold and I need to collect TCS and pay it.Will I pay the tax from above Rs 1000 which means I am paying tax from my own money for another person, also what will be the accounting entry for TCS when I record the sale transaction in my books.


Raushan Pankaj
27 November 2008 at 18:38

Increase in Authorised Capital

Hi I am raushan.
I wanat to know that what is procedure for increase in authorised capital of company. what document is file to ROC?


Ishita
27 November 2008 at 17:54

80C deduction

Does the term tuition fees includes the amount of tuition fees paid to private coaching classes for educational purpose?


jay arya.........
27 November 2008 at 17:50

ahjkhakhakkjhjkah

hello

hhjkhkjahkjh hjkahjkhajkha


Babaljit Singh
27 November 2008 at 17:32

WCT on Hospital works

if we have done WCT with hospitals like their interior or etc do we have to apply WCT tax on that, if yes then what %


Kanishk Saxena
27 November 2008 at 17:12

Rent Agreetment

Hi !
My query is as follow , Plz. Solve this :

1. Mr. 'A' Let out one of his property to Mr. 'B' in which two floor are, but Mr. B took Rent Deed about both floorfor a monthly Rent.

2. Mr. B running his Chemist Shop in one Flour of said premises and one more(second) flour is blank.

3. Now Mr. B want to Let out Second flour(blank) to Mr. C(other person) for a monthly rent.

4. can Mr. B do it and can Mr. C(other perosn)run his Business whitout any hesitation in said Flour or not ?

5. In future, Can Mr. A(owner of Prop.) tke legal action against Mr. C or Mr. B.

6. Further Mr. B and C do not want to inform to Mr. A about said affair.

7. And will Mr. C required to get any new sub tenanting Deed with Mr. B for securing himself and on the basis of Sub Tenanting Deed, will Mr. C encough for getting all other registration for his Business like Service Tax, Sales Tax, or any other ?

Tell me Soon


virendra

I wanted to know Whether i have to pass a resolution (ROC) if any change in EMPLOYEES REMUNERATION / SLAB.


deepak adwani
27 November 2008 at 15:49

Query regarding Sec 44AB

whether total turnover taken in to consideration for the purpose of sec 44 AB is to be taken inclusive of all the taxes or exclusive?

Eg. Gross sale inclusive of exise duty 45lac and net sales (ie. exclusive of exise duty= 39 lac)


Khushbu
27 November 2008 at 15:32

Profession Tax

What is "Profession Tax"?
Plz explain indetail or else tell me where i could find complete text on it.
Thanks


kumar
27 November 2008 at 15:27

REGARDING TDS

what is the solution for TDS deducted and paid twice on the same party.






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