Hi,

Kindly suggest some good authors/publications for latest on TN VAT(Works Contract)

Regards
GSL

Sir,
pleasae tell me what care should be taken for checking sales of export unit.

For Certifying that the tax(any tax)has been remitted within the due date or not,whether we need to go by date of deposit of cheque or by date of clearance of cheque.i.e. whether is it sufficient that if i deposit cheque on or within due date or is it mandatory that the cheque has to be realized within the due date. please give case law references if any.

Dear Sir
We book ticket through Travel Agent he raised bill to us which include Ticket amount + Charge for Service which show separate in One Bill Now question is that
(1 ) we have to deduct TDS on full bill amount OR only Service charge amount and ( 2 )Which amount we consider for TDS DEDUCTION LIMIT means full bill amount Or Service Charge Amount

Rajesh Bajaj

hi
i need nov 2007 attempt examination papers of CA final.
thank u

Hi to all!

Pls define speculated income with example

thanx

g.shyam83@gmail.com

Let me know about compound scheme for works contract under vat, if any body give suggestions to me? Andhra Pradesh and Karnataka State

Situation
HUF has created in 1991 with inheritance property. At that time one residential plot has purchased by the Karta in his name for the HUF and fund for the same has also given by the HUF. Now in 2007 HUF sold this plot and investing the sale value in Residential House to avoid the Capital Gain Tax. HUF has purchased the new residential house in the name of HUF. Now they want to dissolve the HUF and distribute all the property of the HUF amongst their members.

Queries
1. Whether Karta can purchase the new residential house in his name out of the funds given by the HUF.
2. Whether female members of the family (wife and daughter of the Karta) will be considered the members of the HUF for distributing the property of the HUF.
3. Whether legal title of the property should be transferred in the name of the members for the requirement of the Income Tax Act.
4. What will be the acquisition date for the members for calculating the capital gain tax if they sold the property after dissolution of the HUF.
5. Whether individual members can be made their own HUF out of the property and funds received from the dissolution of the HUF.
6. Whether any time limit is there for selling the property of the HUF by their members after the dissolution of the HUF.

Respected Members,

One of our client fall in work cotract. They supply material and labour to the parties on which the concerned party has deducted the TDS.

I wants to know the related provisions regarding the same in current VAT system.

I also wants how to represent the Work Contract Sale in Section G of Form 704.

Regards,

Prabhakar

1. A Contactor Received from Rs. 1000000/- from Oil India Limited for the Month of Oct'2007 against Payment to Securities

2. Securities Appointed By OIL India Limited but Payment received Contactor M/s. Naryan Mukhajee & Co. and Payment to Securities.

M/s. Naryan Mukharhee A/c

Received Rs.10,000,000/- Lakhs
Securities Payment Rs. 8,00,000/- Lakhs
EPF/ESI/ Rs. 45,000/-
Incomes TAX TDS Rs. 20,000/-
Thieft Deducation Rs. 5,000/-

Q. Which amount is Service Taxpayable

I need a Circulars with details of if any Deducation of Laour Wages,Staff Salary,Fooding, Camp Making, PF, etc in Security Agencies Services