Dear Sir,

Pls tell me how the VAT input and output adjustment made. What is the ratio in which it taken for sales and in stock

thax in advance

Dear Sir,

Pls tell me how the VAT input and output adjustment made. What is the ratio in which it taken for sales and in stock

thax in advance

can u pls. tell me to avoid tax on salary of rs.5.00 lakhs per annum. reply me with detailed sections.

HOW THE ADMISSIBILITY OF INTEREST AND THE PRINCIPAL ON HOUSING LOAN ON A SELF OCCUPIED PROPERTY OWNED BY HUSBAND AND WIFE IS ASCERTAINED IF THE WIFE IS NOT AN ASSESSEE AND THE HUSBAND ALONE REPAYS THE LOAN FROM HIS SALARY AS A DEDUCTION?

As per the income tax law, every corporate filing compulsory e-Income Tax return not having digital signature is required to file the duly signed acknowledgement within 15 days from the date of e-filing of the return.
What are the cosequences if this acknowledgement is not filed with the department within the stipulsted time of 15 days?
Is there any impact on carry forward of losses in the case of return of loss?
An early response on my ID varshney_office@yahoo.com with rfeferencwe to literature mentioned elsewhere will be highly appreciable.

CA Hemendra

As per the income tax law, every corporate filing compulsory e-Income Tax return not having digital signature is required to file the duly signed acknowledgement within 15 days from the date of e-filing of the return.
What are the cosequences if this acknowledgement is not filed with the department within the stipulsted time of 15 days?
Is there any impact on carry forward of losses in the case of return of loss?
An early response on my ID varshney_office@yahoo.com with rfeferencwe to literature mentioned elsewhere will be highly appreciable.

Hemendra

As per the income tax law, every corporate filing compulsory e-Income Tax return not having digital signature is required to file the duly signed acknowledgement within 15 days from the date of e-filing of the return.
What are the cosequences if this acknowledgement is not filed with the department within the stipulsted time of 15 days?
Is there any impact on carry forward of losses in the case of return of loss?
An early response on my ID varshney_office@yahoo.com with rfeferencwe to literature mentioned elsewhere will be highly appreciable.

Hemendra

a pvt co has an accumulated profits of Rs.70 lakhs in its p&l a/c on 31-3-08. the company has earned a profit of 10 lakhs for the half year ending sept 08. now the company is going to declare an interim dividend of 50lakhs claiming that Companies (Declaration of Dividend out of Reserves) Rules 1975 is not applicable to it as they are paying from accumulated profits not from reserves. (as the provision is "In the event of inadequacy or absence of profits in any year, dividend may be declared by a company for that year out of the accumulated profits earned by it in previous years and transferred by it to the reserves, subject to the conditions that....)

again is the Companies (Transfer of profits to reserves) rules 1975 is applicable to the above transaction? The company is claiming that the above Rule is only applicable if it pays dividend from the current profits only.So it is not applicable to them.

if it is applicable to them what will be the amount transfered to reserve; is it merely 10% of current profit(10 lakhs) assuming dividend exceeds 20% of paidup capital.

Hello Experts,

After being in the Industry for 4 years, I have taken a decision about 6 months back to move to Practice and Consulting. I would like you all to advise me on the books which are good for reference as far as Company's Law and Taxation is concerned.

Look forward to your replies.

Regards,
CA Nanda Kishore

Dear All,

we will pay for bull dozer hire charges and the contractor made two bill one is for hire charges on time basis and one is for fuel and lubricants.

please suggest me at what rate of tds will be deducted and in which section

thanks
jitendra goswami