PLZ SEND ME THE AMENDMENTS OF A.Y 08-09
IN DT AND IDT
kedia_rajat@rediffmail.com

A composite contract has been issued to party consisting Design, Supply & Supervision of erection of equipments. Cost component has been separately mentioned in the BOQ for Designing and Supply of equipments.

Whether TDS will be applicable on designing cost only or on total work order value?

wt r the imp areas where w hu 2 through our light on law i mean imp sections

1.What are the steps to calculate Advance tax ?

2.What are the steps to calculate Advance FBT ?

3.What if No advance payment made for certain quarters ?

What is the procedure for registration under micro, small, medium enterprises development act come into force in October 2006? Please give details about where to apply also..

If a resident and ordinarily resident person earns some income in foreign currency, what is the rate of exchange at which it shiuld be taken as income for tax purpose? Will the same rate apply for relief for the taxes paid outside India?

Whether an Assessee can withdraw appeal made by him to CIT(Appeal), against assessment order

PurVal TaxCategory TaxRt-- CalOn--- Tax---- total
100---- ITC---------- 12.50-- 100.00-- 12.50-- 112.50
100---- Excise------- 16.00-- 100.00-- 16.00-- 116.00
100---- Edu. Cess-- 03.00-- 016.00-- 00.48-- 116.48
100---- transport--- 02.50-- 116.48-- 02.91-- 119.39
100---- Value Add-- 20.00-- 119.39-- 23.90-- 143.27
100---- VAT---------- 12.50-- 143.27-- 17.90-- 161.18

vat to Pay= VAT Tax - ITC Tax
= 17.91-12.5
= 5.41

please tell me, vat calculation is correct or not.

also tell me,
which type of taxes included in VAT?
or
VAT is applied after Excise, transport, value added etc.

Please tell me whether the TDS is required to be deducted under the provisions of income tax from the payments for vehilces reparing charges .Service Charges for reparing exceeds Rs 50,000/- p.a

can any body tell me the entries & procedure for claming cenvat/modvat

thx