Anonymous
01 August 2013 at 17:32

Vat notice (very very urgent)

One of my friend received the notice under KVAT (Karnataka) FORM VAT 275 Notice for production of books of accounts Under section 52(1). Please send me any format is their.


Shrenik Shah

Hello Sir,
I have a query regarding VAT,
As we are going to set up new factory in SEZ unit HAZIRA, So for construction purpose whatever material we are purchasing from vendors, are issuing bills imposing VAT,But in SEZ unit All material are tax free.
So my question is if we pay bill including VAT , will i get credit on this material.

Plz Rply



Anonymous
01 August 2013 at 17:27

Cpt passing percentage

i would like to know the CPT passing percentage of ABUDHABHI Center.how come it possible?.Help me please.



Anonymous
01 August 2013 at 17:18

Eligiable for final examination

sir i will be complete my 2.6 years articleship period before may 2014 ca final exam , bt still i am not cleared my 2nd group of ipcc. if i will cleared in nov2013 , can i am apper for may 2014 ca final exam bt , registration period 9 month not completed before exam . plz give me rply



Anonymous

Dear Sir, I m failed in ipcc exam..!! I don't knw where I m wrong exactly..!! Ppl r getting exemption in accounts..I m not even getting passing marks...I was previously science student...IPCC accounts screwing me badly...I need help...pls help me for this topic...NPO , partnership, single entry , investment accounts...I just can't do...and where I studied they useless they just give lectures and leave classroom...m tensed...!! :( :(



Anonymous
01 August 2013 at 16:58

Income tax query

Dear Experts,
Pl. guide me on following .

One of my friend having business in proprietorship. He just given me work for finalisation of his account work. Now the question is that how to start his account work in tally.

1) Should I open two company in tally. One in the name of business in which all entry relating to accounts of proprietorship business be done and another in the name of Proprietor in which his personal account details will be made.
2) or I should open only one company in tally in which i will made all the entry for his business as well as his personal account.
3) In income tax return which Balance sheet should be shown . As the return will be go for individual and income of proprietorship will be covered in that.

4) or should in income tax only details of proprietorship should be given and personal should not be given.

5) what will be the balance sheet my fried.

Pl. help me I am confused.
Thanks



Anonymous
01 August 2013 at 16:58

Tax audit u/s 44ab

Dear All,

We are carrying on business of providing house-keeping services as well as repair and maintenance services.My gross receipt for FY 2012-13 is approx. Rs. 91 Lacs. Now my question is, do we fall under business category having exemption limit of Rs. 1 crore or do we fall under professional service having exemption limit of Rs. 25 lacs?



Anonymous
01 August 2013 at 16:56

Fixed asset

if company replace any furniture & Fixture that furniture & Fixture should be capitalized or not



Anonymous

Dear sir

pls clear a confusion about abatement of material in case of InterirDesing service and what will be service tax on it



Anonymous
01 August 2013 at 16:42

Partnership

Hello all of you iam not able to understand meaning of paragraph in inverted comma.please try give its meaning and accounting treatment
F,G and K were partner sharing profit and losses at 2:2:1 .K retires on 31-12-2000.

"for this F & G agree to bring sufficient cash to discharge claim of K and make their capital proportionate"





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