Dealer is registered for past years under Delhi VAT Act and got registration for CST Act in June 2007.
Dealer purchased good from Haryana CST charged @3 % in the bil provided C form has been issued by dealer to creditor with in stipulated time.Dealer not able to do so. Now creditor charged CST extra @ 1% i.e. 3 % paid earlier now 1 % in addition .

This 1% CST paid allowed as deduction U/s 28 to 43D to the dealer while calculating PGBP for AY 2008-09.If allowed under which section and if not then why??

Dealer is registered for past years under Delhi VAT Act and got registration for CST Act in June 2007.
Dealer purchased good from Haryana CST charged @3 % in the bil provided C form has been issued by dealer to creditor with in stipulated time.Dealer not able to do so. Now creditor charged CST extra @ 1% i.e. 3 % paid earlier now 1 % in addition .

This 1% CST paid allowed as deduction U/s 28 to 43D to the dealer while calculating PGBP for AY 2008-09.If allowed under which section and if not then why??

What is meant by CANVAT? What is the basic difference between VAT & CENVAT?

Can any one tell me whether following expenses are chargeable under FBT or not: 1)company contribution towards Labourwelfare fund.
2) Staff Recruitment Exp
3) Education Reimbursement
4) Staff Transport Exp.
5) Funeral exp
6) Insurance Exp borne for the motorcar used by employee.

Hi, Friends.. i want to know about import procedure ( practical aspacts). Is there any system of online filing of documents to custom deparments and clearance of custom authorities of impoted items.

I donated a sum of Rs.11000/- to trust registerd for puropse of Sec 80G deduction.Please tell me abt calculation of 80G deduction.I have income from PGBP and STCG u/s 111A taxable @ 10% for AY 2008-09.

Sandeep

I want to about HUF formation,bank A/c opening,gift from realtives friend and any other for formation of HUF , intiial capital for HUF and source of income shown in ITR for the purpose of making white money only.No business carried out actually in name of HUF.Please help me.

Sandeep Gupta

A person engaged on full time basis in trading of Shares i.e purchase and selling of shares only, shoud file ITR for business income or for Short/Long term capital gains? Need he to get tax audit u/s 44AB as his yearly transactions will be much more than Rs 40 lakhs.?

while filling out ITR-2 i noticed that there was nowhere i could state the professional tax paid(have to use ITR-2 coz LTCG and salary).As a result of which the professional tax paid will be included in my taxable income.I am baffled.What do i do?

Are there any specific forms that are required to be filled for approval of RBI before making payments for acquisition of ships?

Could some one guide me?