Sir, I cleared CPT and currently preparing for PCC . But I am still not yet admitted for B.com(special)(IGNOU) as I feared that if this degree is not accepted by many companies, industries etc . please advice. In addition to this , I would also wish to pursue CS along with CA. In this regards, I would like to be very clear that as it is mandatory to do pratical training for fifteen months after executive programme(inter)(CS), Will this training be included in three and half years articled training(CA) or shall I have to spend extra years for the CS practical training seperately . Please clarify.

can any boby tell me address of some of the good coching centers in chandigarh and delhi

Supplier is outside india for supply of casting to us in india. we need to pay cost of pattern for casting supplied to us since it is manufactured for us as per our design. can we make payment of pattern ? pattern will remain with the casting supplier outside india,what will be the base for payment,since we are not receiving the pattern to india we do not have bill of entry as a proof of receipt of goods?

Supplier is outside india for supply of casting to us in india. we need to pay cost of pattern for casting supplied to us since it is manufactured for us as per our design. can we make payment of pattern ? pattern will remain with the casting supplier outside india,what will be the base for payment,since we are not receiving the pattern to india we do not have bill of entry as a proof of receipt of goods?

what do you mean by share warrants ? Explain in lucid manner.

What is the exact meaning of the explanation to sec 80C(3)with regard to actual capital sum assured. It will be appreciatable if explained through some arithmatic figures

Please refer sec.10(10D)(c) wherein it is stated that any sum recd from insurance policy is taxable. My doubt is whether can we exclude the amount of premium paid from the maturity proceeds for taxing purpose.

Would like to know whether Service Tax or and any other formalities are needed for operating a guest house with food facility.

It will have only 4 to 5 bedrooms fully furnished independent house on rent.

pls clarify.

sir,
kindly answer my following qureies realeated to the UPVAT Act.
1. are the chalan/transfer memo is erased for the every transaction even through TAX/SALES Invoices, Bill/Cashmemo/ Purchase Invoices.
2. Can we charged VAT from Purchaser seperatly in ever Invoices i.e. TAX/SALES Invoices, Bill/Cashmemo under the UPVAT Act.
3. I have purchased footwear ( tax@ 12.5% from unregistred dealer of Rs. 100000.
Now I Sold the same of Rs. 120000.
I paid the tax on purchase from U/R dealer of Rs. 12500. and VAT on sale is Rs. 15000.
So the As per Sec 15(1)
NET TAX PAYABLE=GTP-AITC
GTP (Gross TAX Payable)is Tax Payable on purchase from U/R dealer PLUS VAT on sale is Rs. 15000 i.e. 27500=00
Addmissle ITC for the periodis 12500=00
NET TAX PAYABLE=27500-12500=15000=00
My submmission is that IS IT A DOUBLE TAXATION? YES OR NO and Why?

sir,
kindly answer my following qureies realeated to the UPVAT Act.
1. are the chalan/transfer memo is erased for the every transaction even through TAX/SALES Invoices, Bill/Cashmemo/ Purchase Invoices.
2. Can we charged VAT from Purchaser seperatly in ever Invoices i.e. TAX/SALES Invoices, Bill/Cashmemo under the UPVAT Act.
3. I have purchased footwear ( tax@ 12.5% from unregistred dealer of Rs. 100000.
Now I Sold the same of Rs. 120000.
I paid the tax on purchase from U/R dealer of Rs. 12500. and VAT on sale is Rs. 15000.
So the As per Sec 15(1)
NET TAX PAYABLE=GTP-AITC
GTP (Gross TAX Payable)is Tax Payable on purchase from U/R dealer PLUS VAT on sale is Rs. 15000 i.e. 27500=00
Addmissle ITC for the periodis 12500=00
NET TAX PAYABLE=27500-12500=15000=00
My submmission is that IS IT A DOUBLE TAXATION? YES OR NO and Why?