We undertake LPG cylinder testing (statutory requirement)and painting contract. We are registered under Karnataka VAT Act. Hydro testing is purely labour oriented but painting includes materials. it is a composite contract & what is the VAT Liability involved under the Karnataka VAT act & whether we are liable to charge service tax on this service
Answer nowI have two residential properties (one in my name and one in wife's)in Pune and one in Mumbai (wife's name). We live and have work places in Pune. I am showing property in my name in Pune as self-occupied. What are the options available to my wife? Can I and wife show seperate properties in Pune as self-occupied? Can my wife show property in Mumbai as self-occupied?
Will it make any difference to show property in Mumbai Vs in Pune as deemed let-out property?
let say opening wdv of an asset is 10000/- depreciation as per it act rs 1000/- out of which 500/- rs of depreciation is disallowed bcoz of personal use than what will be the opening wdv of an asset in next year as per income tax and what will be allowable depreciation in next yaer. assume depreciation rate is 10% on wdv. is there any impact of section 43 (6) on the above?
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sir i want 2 ask that a person is dealing in selling of software online and all transacion of money are also online then it is businesss or profession
2)
if server rent is paid
tds will be deducted under which category?
in which sec. i can got ded. of housing loan repayment and hra???
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Answer nowHow we can find out the accuracy of C forms,There is lots of problem at the time of VAT assessment on Fake C Forms,Here my meaning is C forms no,wrong issue by customer,C form not issued by customer
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Section 49 of companies act 1956- investment by company : and also the exceptions thereof
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LPGcylinder hydro testing & painting contract