A company under audit is into the business of renting a computer.
1.Can they claim vat input credit for payment made towards repairs of motor vehicle exclusively used for business purpose?
2.Can they claim vat input credit for payment made towards staff welfare expenses,office expenses which are incurred during the normal course of business?
Regards
Pratik

Should exempt local purchase be shown in return. Give me any reference to substantiate the answer, may be instruction or other



thanks in advance

Amritesh

Dear all,

what is input service distributors?
thanks in advance.............

we have been filed monthly return under mvat act but at the the time of finalization we found that monthly summary of sales & purchase is wrong, plz tell me that should i filed monthly revised return or one consolidated revised return

hiiii...i just wrote ipce in may 2010 ...my registration no. was wrong in d permit card ..so i m scared tat my result will not be declared along with others......i just wrote a letter to ICAI abt tis already...but got no reply
can anyone plss provide me d info regarding tis ?????

Hello
I am From Ahmedabad.If I want to be Vat Consultant than What is procedure to become consultant?
Please Guide me

The Companies Act, 1956 amended effective December 2000 stipulated that existing private companies are restricted from acceptance of deposits from the public.However,Rule 2 clause (b), sub-clause (ix) of the Companies (Acceptance of Deposits) Rules, 1975 permits:
" any amount received from a person who, at the time of the receipt of the amount, was a director of the company or any amount received from a relative of a director or its member by a private company "

The question is whether Private Companies formed prior to this amendment,are required to amend the Articles with regard to the restriction to invite deposits from the public ?

Regards,
Rajiv Kaicker

Can a person who's been filing her ITR in Mumbai while doing an IT job there, file her return at her native place in case she's out of India at the time of filing of return.
It is imp as she's to get her refund processed for the last Pv Yr. While in earlier years, there's no refund due to her.

Please advise as to filing of Return at native place is feasible?
Thanks in advance

I am article of the proprietor firm and my principal is out of country from last 2 years and there is no senior of my firm who can guide me or get knowledge from any person of my firm. The firm is handling by my principal's brother who has his own business in the same office.
Whether i can go for transfer on the above basis? How? Tell me the procedure for transfer that will not affect me adversly.

i filed form 1, 18 & 32 for incorpartion of Pvt co. I Recevied a mail in which Roc has mentioned two defects in MoA & AOA.My qus. is Whether stamp duty is requried to pay again with Amended MoA & AoA.In Mail, there is no point regarding Stamp duty paid again or not??? pls help