Sir,

I am working in software industry, we are buy & Selling package software, while paying to vendor we were deducting TDS@11.33%.

Now vendor is claiming, we should not deducted TDS on VAT or CST purchase only if there is service tax component in the invoice, then we need to deducted TDS@11.33%

We don't have any agreement or rate contract with vendor.

Please guide on TDS deduction.

Regards
Rushikesh.Pasar

CAN ANYONE PLEASE GIVE ME THE BASE FOR COMPUTING THE INCOME FROM THE SHARES SOLD DURING THE YEAR ( WITH IN 12 MNTHS )AS S.T.C.G OR BUSINESS INCOME SUPPORTED BY ANY CASE LAW ( IF ANY ).

Please provide the guidelines for the main points are :-
Exemption limit
Taxable Limit

Sir
I will leaving to Dubai in the end of October.So i will be writing my exams from there only..Since I am in Kerala right now I can apply like any other students here in Indian Rupees no?

hi sir i have submitted my pcc registration form one week back in that i wrote iam doing b com first year (degree) along with ca n wrote my degree timings as 06am to 10am n didnt submitted my 112 form now iam going to submitt my 112 form but in that iam going to write degree timings is from 06;15 to 10;30 because they have changed the timings will icai approve my registration?

Which AS or guidance note deals with the accounting treatment of pre-operative expenses?

Thanks.

Please let me know the main points which should be taken care into while doing audit of a compnay dealing in shares.

I have pcc nov-2009 attempt .i have to join taxation clsses but i am really confused whether

~ i should join the clsses in nov2008 or may 2009 batch.i want to join classes by mr. ajay jain but they are giving me june 2009 batch and if i will join it in june i will be having very few months to prepare for the exams because its expected month of completion is september 2009.

~ another option available to me is that i should join tax clsses by mr. mk gupta to be started in nov 2008

i am really confused which option should i go for.

i will be waiting for your suggestions.plssss! help me out.

thanx in advance.


PAGE 1,

This is rajesh working in sugar industry in Andhrapradesh.

i have some doubts relating to input tax credit eligible on purchase of machinery spares and lubricants and other purchases made by the company.

we are selling sugar, molasess, bagasse and waste iron scrap.

sugar exempted product
Bagasse 4% Tax
iron scrap 12.5% Tax

we are purchasing goods at 4% and 12.5% tax rates

Example:

Sugar Sales 1,00,00,000
Bagasse sales 5,00,000
Scrap sales 2,25,000

input tax paid

Tax paid on 4% purchases 34,225
Tax paid on 12.5% purchases 45,789

How much input tax credit can be availed (elibigle for me)

respected sir i had registered for pcc one week back in that i wrote iam doing b com with that but didnt attached my 112 form which iam going to submit noe i mean after one week of submission of 102 n 103 form will icai of chennai approve my registration n moreover it will take how much time to get pcc registration letter ?