Dear Experts

Do we always receive invoice before goods?

Is it possible that we receive goods before invoice?

If yes then what entry we pass when we receive goods? and what entry when we later receive invoice?

What is Receipt Note in Tally?

Shivani
shivaniadream@gmail.com

helo can you tell me how can i file service tax return i have a stc code which was applied by my advocate but i want to file my st3 own is it posible to file

Dear Experts

Repairs to Machinery
Depreciation on Machinery
Machinery Running Expenses like oil etc.


Are above direct or indirect expenses?

Why?

shivani
shivaniadream@gmail.com

hii friends my name is Shekar N I m working shriram finance I have one query in financial pls guyed me on of my client in ITR there are in the loss in asst year 2010-11 gross n net profit is on loss of 20.10lacs.still he is showing loss in books but turnover increased in every year it is possible.this year customer booked sales in 1.74cr the net profit is 2lacs n the gross profit is 3.85 lacs now he is applying businesses loan for us

Hello everyone,

Mr. X and Mrs. X were joint owner of a residential house property. they sold the house property (long term) and purchased a new residential house property within the prescribed time but only in the name of wife.

Entire capital gain was reinvested in new house.

ITO disallowed the exemption u/s. 54 to Mr. X and added 50% LTCG to his income.

I have seen some case laws in favour of the assesse and filing appeal before CIT (A).

I just want to know whether my case is strong enough and if any one can send me favourable judgement on similar facts.

Thanks in advance.

SRO0479662 sir, I registered CPT through online and I had already sent my pdf printout to delhi but I forgotten to mention date and place in the form. Sir please tell me what are the consequences for the above. Thank you.

sir i purchased aproperty in 2008 for rs 3 lacs and sold it in 2013 for rs 9 lacs so what is my capital gain also i invest 4 lacs in REC BONDS in one month of sale of my property so kindly advice how much tax libeleties of tax to pay gopal

Hi all, We are a TamilNadu based consumer durables dealer currently selling products online through various ecommerce platforms like Snapdeal etc. We billl and ship to end users in other states as per orders provided by the ecommerce websites (c form not given). We purchase locally (within Tamilnadu) and having been effecting the sales at the current VAT here at 14.5% output. We are also availing input tax credit at 14.5% for the corresponding purchases. Are we right in doing so as we heard that ITC cannot be availed for interstate sales without C form as per a recent government order.We bill to the end customer and payments are made by a sister concern of Snapdeal to our account. Kindly provide your valuable inputs with regards to TNVAT and suggest alternatives as I know of a huge number of dealers currently facing the same issue without proper guidance. Any help would be much appreciated.

Read more at: https://www.caclubindia.com/forum/request-clarification-on-availing-itc-interstate-sales-tnvat-288488.asp#.U0mj9dJkPHo

i bought raw material from dubai on which i have paid custom duty of Rs. 1800000 out of which 800000 is cvd.

I am a registered dealer and having iec,epcg.

How should i can get refund or credit of this duty paid by us ?

Till how many installment i have to take credit of this paid duty?

i have cleared 1st group of ipcc and am appearing for the second in june. i want to start my articleship after both groups cleared so as to get a good firm but for not having a delay in my attempt for finals i am planning on getting registered from not a very good firm as a dummy and after my result will take transfer to a good one. is it possible? and is there any such thing like few big firms not taking transfers from another firm?