Dear Experts

Karnataka VAT / Service Tax

I have one problem,
We have formed Two Partnership Firm, Partner is same Two Firms

First Firms are Procurring the Land and sale the Sites to customers

now we have to go for construction with Second Firm (group firm), all construction activity comes this Firm, all taxes ( VAT & Ser.Tax) paid for construction Activity.

my queery is some customers go for bank loan, that time bank will release the funds for Site and Construction, This Funds entirely goes to First Firm that time we have to trf to fund what ever construction consideration to Second Firm internaly adjusted, That time we have any taxes applicable in First Firm (VAT / Ser.Tax) for Construction Activity.

hi,
Can a Member who doesn't have COP,do the tax audit?

hi,
i had joined a ca firm at 22 feb 2006. i have been taken transfer from said firm at 22 june 2008 with total leave 156.

as per institute latter,my total EXCESS LEAVE till 22 june 2008 is 41.

therafter i have joined a company at 1 july 2008 as industrial training.

please suggest me that when my training get complete. am i eligible for industrial training as minimum number of period for IT is 9 months?

Dear All,


Please tell me, What is the Entry Tax?

& i bought one imported Machine to AP, But karanaka state collect entry tax is it correct please clearfy me.


Durga Prasad Garaga

Dear All,


Please tell me, What is the Entry Tax?

& i bought one imported Machine to AP, But karanaka state collect entry tax is it correct please clearfy me.


Durga Prasad Garaga

Is there any criteria for treating profit on sale of shares on which STT paid as business income of capital gain since there is huge difference in tax rates relate to both head. Quote case law or related section if any.

my query is what will be the taxablity of the following reciept:

Mr. X recieves Rent Rs.120000 and Maintainance Charges Rs.18000 without any expenditure incurred on maintainance( by virtue of rent deed he is getting 20000 per month rent and 1500 per month MC)

1.]What will be the amount taxable under House Property and what will be the standard deuction u/s 24?

2.]whether 18000 MC will be taxable under other sources? if so whether he will be entitled to claim expenditure against this income u/s 57?

3.]what will be the scene if he does not spend any money on maintt. of property?

In an audited financial statement (u/s 44AB of IT Act) whether disclosure of previous year figures is mandatory.

how to prepare variance analysis report?


pl provide one problem with solution

with details in words

comparison budgets with actuals and give some reasons for that in table format and word format. provide formulas computations also

sir

please provide revised service tax st3 from as per notification on 2nd September-2008



http://www.servicetax.gov.in/servtax_notfns_idx.htm

please help me about that

thanks