SIR
i purchase raw material from different manufacturer and take EXCISE credit on them and i also allow 10% tolerance(normal loss) so i use to pay for whole amount but i take excise credit only on actual received not on whole quantity

e.g qty received 100 ton excise charged rs 10000 now actual received 99 ton but i pay manufacturer for 100 ton so amount of excise can be avail 9900 or 1000

sir is you know any case study related to this so please give reference

I would like to know which section of tds(i.e 194C or 194J) would be applicable when payment is made to company giving advertisement service.. under section 194C it is provided that work include advertisement but the same is provided under section 194J that professional service includes advertising... so i am little bit of confused..

THANX

sir
my salary is rs 500000 pa so tell me about TDS DEDUCTION AND PROFESSIONAL TAX DEDUCTION AND ITS CALCULATION FOR OTHER SALARY AND CAN I TAKE REFUND

sir i am a artical so can i show my stipend as income from salary and what other income can be shown in income tax

dear sir,in karnataka after all vat audit department issue notice to show a/c book .will any one clear that what is the sence of vat audit when dept.want to check books where business of taxable goods or exempted goods and also no time limit.they call for any previous year.please advice

hi...greetings fr d day ........i want to renew the.registration of an RWA society situated at ghaziabad UP...... if any 1 is aware of d.procedure..... kindly.reply......... Thanks CA Gaurav Jaitly 9868465207

What is Capital reserve?

what is mean of lien of share???please tell me

Dear Friends,

My Client has received Letter from Income Tax department from his local ward not from New-Delhi asking for non filing for Return for A.Y 2010-11 and stating information from CIB-0321 Share Transaction of Rs 20000/- or More.

His transaction for that year is Rs 10010802 and having loss of Rs 202850/- he has not filled his return for that year because he is having loss and other income less than maximum exemption limit.

Now want to know what are the consequences and whether he need to get audited as his turnover is Above 60lakh and whether he need to file return because of having Losses and is there any special cases transferred to Local Ward.

Please Help......

Thanks......

What is the tax treatment for the listed company shares short term capital gain? Whether exempted or not? If non exempted what is the tax rate?