Suppose a Trader bought certain goods for
Rs. 29494.5(Basic 25000+ Excise 3090+ VAT 1404.5) and now he wants to sell the above goods to other state charging CST.
At what rate should he sell the good to make profit of Rs 200 net?

Hello Everyone

First of all wishing every CA Member & Student to CA day from me

I have a query regarding e-TDS return.
I have filed one of my client TDS return previously. but i exactly forget the Provisional receipt no, and also Lost the provisional receipt no

i requiered to registered in Traces bt i have no Token no. and provisional receipt no so can any one help me how can i get the provisional receipt no.

What are the consequences if GMCS-1 not done within 1 year of Articleship Training due to non availability of Seats or any other reason. Please response as soon as possible.

while preparing annual accounts 2012-2013 it has been noticed that pension paid during the previous year 2011-2012 amounted to one crore is omitted to include in that year. How can i treat the omitted expense in current year.

what is the rate of excise on note books sale in domestic???

The payment is made for the month of April and May on 12-06-12 and on the same date the TDS has been deducted and deposited with the department.
My Query:
1)is the deduction of TDS late ?
2)is the deposit of TDS late ?
for the month of April and May.

Situation:
In a partnership firm, One partner was vacate the place and after sometime two new partner joined the firm.
in income tax return which partner's name should be written???

Suppose an assesse has a salary income of 5L.
He provided medical policy investment eligible u/s 80D of Rs.1L. He has not declared income under Other sources of 3L and investment eligible u/s 80C for Rs.50,000 to his employer. Now his employer deducted TDS on tax on 5L-1L=4L. But he files his Return showing taxable income as 5L-1L+3L-50,000=6.5L. Now how will interest u/s 234b,c effect me and on what amount. Pls show the calculations.

sir, whether cash cash credit limit more than drawining power or viceversa happened , ia m lit bit confused about this. actually some person sais that cc limit always more than drawining power & some person said that cash credit milit never exceed drawing power . i am so confused about this. so sir plz guide about this a completed information ..

my gmail id is :himprince.280@gmail.com

We are a company in Bangalore, which is into creation of IP in the field of software technology. One of our IPs has come to a stage where we are in talks with companies in India for the sale of the IP.

What I would like to know is :

What are the taxes that are applicable if we sell our IP?
Are we liable for service tax?
Are we liable for sales tax, and if so, at what percentage?

I would appreciate an early reply to my query.