we have purchased some fans for our godwon but we dont want show it under fixed asstes so can we take input credit of vat if i take it under godwon expense???

Hello Friends,

Please find below my query

1) I had purchased property1 in nov year 2006 @ Rs.1000000
2) I later sold property1 in oct year 2011 @ Rs.28500000
3) With capital gain from property1 i purchased property2 in july year 2011 @ Rs.5681250. As it was long term gain i got tax benifit.
4) Due to some emergency withing 3 years i.e feb year 2014 i sold property2 and purchased property3 @ Rs4700000.

My question is how much of tax will i be charged and is there any way to save tax. I am getting confusing answers from various CAs i consulted.

Is it compulsory to file Quaterly Return even if no VAT is paid..?

Is interest received by a person upon several deposits held in the same name in the same bank accruing less than Rs 10000 as interest upon individual deposits?

Dear Expert,
If an assessee is buying and selling only Exempted goods..Shall he be eligible for VAT Registration even though his Turnover is over Rs 25Lacs..??

Pls Suggest.

I have keen interest in direct taxes and would like to pursue my career in that field.But i am confused whether i should do my articleship in taxation or audit so that i have better future prospects.I like challenging work which requires our own skills.Please advise which field is better to work as a Chartered Accountant???

Sirs,
we are a retail textile showroom with 1 branch. is it necessary to register Head Office and Branch separately under ESI Act? Both the showrooms have more than 20 staff.
Kindly brief me.
with thanks
J Natarajan

Dear Expers,

Please resolve this query,

One of the Private Company obtained unsecured loans from its directors before 1 year. Now they want to convert it into equity. One Indian director and other is a foreign director. Please let me know, can we covert it into equity as per Companies Act, 2013. If yes please share the supproting or documentation.

As per changes in ROC... Which Form should be file for Resignation by director ? Form Dir - 12 or Dir 11... Or we have to file both the Forms?
Kindly Clarify for Both Forms.

I am confused about this notification whether new companies act application for nov 2014 exam of business law http://220.227.161.86/33529bos23144may15.pdf