Hiiiiiiiii,

CAn Anyone send me all the details regarding SAP Course.i m in delhi,& want to do the sap Course.Im an Garduate in B.com & Doing M.B.A & Doing Job as well in Accounts Field.Please respond to me on Same or on my id seth_sandeep1987@rediffmail.com

Is it possible that govt. intends to makes an amendment in a particular provision of Income Tax Act 1961 with retrospective effect from 1961. If yes in which conditions and if No then Why?

We are claiming deduction U/s 80IA in the last 10 years from the alloted 15 years and my Tax depreciation will be end in firs 5 years. Then whether any special adjustment is required for As 22 or simple taking only depreciation difference.

This r the details available in respect of a consignment of 13250kgs of material of x.
a) Invoice price --rs. 20 per kg
b) Excise duty--- 25 percent on invoice price
c) Sales tax ---8 percent of invoice price including excise duty
d) Trade discount --10 percent on invoice price
e) insurance -- 1 percent of aggregate net price
delivery charges rs. 250
cost of container @rs. 60 per container for 50 kgs of material
rebats is allowed @ rs. 40 per container if returned within 6 weeks wich is normal.
One container load of material was rejected on inspection & not accepted.
Cost of unloading & handling @0.25percent of cost of material ultimately accepted.
On the basis of above information how to calculate laanded cost of per kg of material of x.
Plz answer in detail by giving working notes & some explanations?

I recently bought a independent house. The total cost of the project is 50Lacs, and the breakup is as follows:

Plot Value=9,33,000

Cost of construction=40,67,000 (Gross Value)

The builder is charging me Service Tax @ 4.12% on (40,67,000)=1,67,560/- (Compounded Rate). Why cant he charge at Normal Rate i.e. @ 12.36% on (33%*4067000)=12.36%(1342110)=1,65,884/-. The difference between Normal Rate and Compounded Rate being 1,676/-. Not that its a huge amount, but for my clarification. Would someone shed some light on this ?

Coming to the Main point, the builder is charging me VAT on (GrossValue+ST) as follows:

4%(4067000+167560)=4%(4234560)=1,69,382/-

Is the above calculation correct??? I was under the impression that VAT @ 4% is calculated on Gross Value only, but the builder is including the ST component in this calculation.

So which calculation is right? VAT@4%(GrossValue) or VAT@4%(GrossValue+ST)?

The difference between 4%(GrossValue) and 4%(Grossvalue+ST) is working out to Rs.6702/-. Hence I need the clarification. So can anyone enlighten me on this issue??

Thanks.

Please guide that whether a loan backed by Bank Guarantee should be treated as Secured Loan or as Unsecured Loan. Please mention the Section also

For the yr ending 31.3.06, no TDS was deducted. In scrutiny ITO intends to disallow Commissio but has not passed the order. Is any remey available before or after passing the Asstt Order?

Is is mandatory to attach signed copy of balance sheet and profit and loss account while filing Form 23AC and 23ACA

What is the difference between lease agreement & rent agreement.
Since operating lease is as good as rent agreement so why do we call it lease agreement.
whether there is any difference between operating lease agreement & renatl agreement or it is just substitution of words.

i want to just discuss the provision regarding the eligibility of minor to become the director of the company. In company law nowhere it is prohibited to appoint a minor as a director in the company but as per contract act minor will not be able to file his consent to the company or registrar of the company. but this sec 264(2) is not applicable in the private company and also to the public company where sec 264(2) is not applicable.
for ex. appointment of director as per sec 257 or appointment of director by central government by sec 408 and some others are.

can this view is correct that in those situation a minor is being able to work in the capacity of a director of the company.