Respected All,
Happy New Year
I have a query regarding How vat is implemented on Color Labs.We at color Labs purchase vat paid paper and chemical from same state. sfter procesing we sell photographs.Please explain by a example how vat is calculated and how entries should be entered in books.if explain about service tax on color labs.I shall be very thankfull to you.please give answer by a example.
Once Again
Happy New Year

What are the special tax benefits available to units in Special economic zone??

Are there any additional benefits which are otherwise not available to units under EHTP??

Please also elabrote on difference in benefits to SEZ Viz- a viz EHTP under ( excise, customs, income tax etc)


Regards

Dear Sir,
Happy new year. I have a query regarding applicability of deemed STCG on depreciable assets.
FACTS of the case:
X Pvt Ltd have a factory building constructed in February 1990 for Rs.10 lacs on a leasehold land (rights for 99 years). The building was used for production purposes upto September 2000. Hence till A.Y.2001-02, we were allowed depreciation under I.T.Act. The closing WDV on March 2001 was Rs.6 lacs.
From 2001 the building was let out for rent and income was considered under head House Property.
In June 2007, the building was sold for Rs.30 lacs.
QUERY : Whether we can claim LTCG with indexation from 1990 on WDV, claiming the asset to be no more depreciable and as a capital asset; and also claiming that the source of income generated from the asset has changed ?
If not what should be the taxability of the case ?

Thanking you for your reply.

are articled asst allowed concessions in railwyas.. if yes, plz give details

hi

please tell the form in which the quarterly C\D forms to be submitted to the department and the due date of the submission .

thanks

Does a CA hold up Articled clerk's certificates during the articleship period?
Please rospond to my query urgently

if we do not file acknowledgement within 15 days of filing return

and if we file late say after 1 month

what are the consequences?

In case of a proprietorship concern suppose there are two concerns AB and CD but the proprietor is same. Vat number is alloted in the name of AB.
Can CD also use this number?

If yes please tell me the relevant extracts?

Dear Friends

Service tax deptt. has imposed penalty for late deposit of service tax, whereas the tax and interest thereon was deposited before issue of SCN, I have quotated 4-5 case law for not imposing penalty in such cases

Please arrange me copy of the following circular, which is urgently required

Service Tax - F. No. 137/167/2006-CX-4 - dated October 3, 2007



Sanjeev Kumar Jain
C-2/12, Sector-11
Rohini, Delhi-110085
9811274429, 27570780,47553469

Dear sirs,
what is meaning of investment property?