Sumit mittal

I m registered under West Bengal Sales tax act, so i m liable to pay VAT on any amt of turnover but if i have no sale and purchase during any financial year.whether i have to submit NIL return for that financial year.


Ashok Agarwal
11 December 2007 at 15:05

Leave travel allowance

Is LTA is a perquisit or allowance for an employee ?


Dasharath Appa Pujari
11 December 2007 at 14:25

Purchase of second hand flat

Dear Sir,

What is the procedure to be followed at the time of purchasing any second hand flat?
Also provide details of which documents are to be verified & how the payment should be made either in installment or lumsum.


namrata
11 December 2007 at 14:12

TDS on LC Discounting Charges

Letter of Credit(LC)is opened by the buyer in favour of the supplier for supply of goods, which ensures the payment to the supplier at the end of the period of LC.Since the money is not immediately received, the supplier discounts LC with bank and realise the money. The supplier pays LC discounting charges.

As per the terms agreed, the buyer reimburses the LC discounting charges to the supplier.

Queries:
1. The LC discounting charges reimbursed by the buyer is in the nature of interest. Is it correct?
2. If it is correct, is it subject to TDS?
3. The buyer in his books of account does not show the Suppliers account in creditors but shows the LC account under acceptance creditors since the LC is opened in favour of the supplier? Is it correct?


harshit
11 December 2007 at 14:09

tds-challan code mistake

we are paid TDS for the month of Nov'07 on 07-12-07, but in this mistakenly on challan 94I written instead of of 94J.

sir please required solutions for change the challan.


sir immediately.


gaurav goyal
11 December 2007 at 13:57

service tax credit

is service tax credit is avialable on reimbersment of expenses to the employees?

if Yes, please give some case law or notification or any statutary supporting


chiranjeevi
11 December 2007 at 13:57

costing & financial management

what are relevant cost with examples


Rekha K K

What is the procedure for excess application money received? explain how to repay it? Till then where to keep this money?

Proposed dividend unclaimed what is the treatment?

what is the procedure for the unclaimed amount?









GIRISH K

While availing loan from bank, we need to make some Front-end fee which is income in the hands of bank.

What is rate of TDS to be applied on such payments and under which section such deduction is covered (which sub Sec of 194 does it relate to)


VIJAYAN
11 December 2007 at 13:15

no. of articleship transfers

how many principal can an articles change during the articleship period.... pl reply