my friend is having a business of selling mobiles, he has registered him self under VAT.
Now he has started 'telebrands' distribution-ship for which they provide him commission say Rs 200 on a product.
They issues him a invoice with CST @12% without 'C' form.
Now i want 2 know that can my friend register himself under CST and get the @ reduced plus can he avoid paying VAT on the ground that he is receiving commission

MY CLIENT HAS TURNOVER OF RS 1.00 CRORE FOR THE YEAR ENDED 31.3.2010
BUT UNFORTUNATELY FAILED TO GET ACCOUNTS AUDITED WITHIN TIME . NOR THE ITR HAS BEEN SUBMITTED TILL DATE
WHAT IS THE SOLUTION TO AVOID PENALTY UNDER SECTION 271 B

Dear All.
Pls Advise me on the issue that whether Cenvat credit can be taken on erected Towers in case of telecommunication Company. If yes pls give me some reference on the said matter.

Thanking You.
Binay

Dear Sir
My doubt regading the salary structure of a company. The company pays basic pay , DA , HRA and Pf etc and debit to salary and wages account. But in addition to that it also pays aum of Rs 25,000/- p.m as reimbursement of conveyances and reimbursement of house rent to some of its employees and debited to other expenses head like reimbursement of house rent and travelling and conveyance head.
Is this treatment is correct ?
and what are the consequences for violation of law .?
Please Guide me.
Regards

hello sir

i hav already got the answer for the books. but i wanted to know the names of those books which only contains questions to practice more.

i am a ca final student

I m kunal sharma. i m in ca final year.i have cleared PCC in may2010 attempt.i have nt taken any tutions in november for finals.bt nw i want to take it.my exams r due in the mnth of nov2011.plz tell me whether any tutions vl b available in kolkata for group 2 so dat i can give my final exams in nov2011.if nt plz sugeest me wat to do??

i want to know after submitting serivce tax return online using Aces fill ST 3 Menu is it compulsory to deposit a hard copy to the service tax department.

can some body please tell me books which are very good for self study for pcc

I am B.Com passed with having 4 yrs accounting exp., so now i planned for correspondence MBA from any institute . So please suggest me is it benefited for my future.


Regards,

Bhai Dupare

Hi, If a loan is taken for purchase of a capital asset ( Land), can we include the interest and other charges paid for the loan as part of cost of acquisition and calculate Short Term Capital Gain accordingly?. The land is taken by an individual assessee and the same was sold within a period of three years and hence Short Term.