I find the indirect tax very exhaustive and facing difficulty in preparation .Please advise me strategy to study it and prepare.

Sir can u explain leverages i.e operating leverages

Respected sir
I am asking if we are file online return but his current account and transaction not show in itr. then what is the penalty on me. IF ITR 4 file than ?

Hi Sir,

Company C customer is based in SEZ in Bangalore, places INR order on Company D (Distributor in Mumbai SEZ).

Company D (Distributor based in Mumbai SEZ )in turn places order on Company M (Manufacturer in Chennai FTZ).

Company M (Manufacturer based in Chennai) plans to Bill the materials to Company D distributor in Mumbai and ship to Company C end customer in Bangalore.

Company D distributor is planning virtual in warding into its SEZ in Mumbai since material is not entering its warehouse.

Is it feasible,
On whose name should the SEZ unit issue Form i.

What are the challenges in this Bill to Customer in Bangalore and Ship to SEZ model from Manufacturer.

Appreciate quick reply.


Thanks,

Regards,
Anand

Respected Sir,

Query Regarding to purchase property on lease agreement.

I Sudip Raja currently leave in Gondal City (Dist. Rajkot, State – Gujarat). I want to buy a property on lease agreement. At present there is total two owner of this property. (1) First & original owner is APMC (Agriculture Produce Marketing Yard Committee). (2) Second Owner is who at present use this property on 98 years lease agreement. I buy this property from second owner. When second owner buy this property from marketing yard in year 2001 at that time property cost Rs. 4 Lakh. This 4 lakh value is only land value. After acquire this land second owner construct a godown on this land which value Rs. 2 Lakh. At present in year 2013 this property market value Rs. 1 crore approx.

As per marketing yard lease agreement terms & condition no one have right to sale this property and also no one have to right to give this property on rent basis. Means second owner have no right to give on rent basis or also no right to sell it.

Now if I buy this property then I get only Rs.4 lakh lease agreement and Rs. 2 Lakh construction value it means total Rs. 6 Lakh I get on my account book. All other Rs. 94 Lakh that I have to pay in black money format.
I want to pay all money in white format because this property I buy on support of bank loan. Now Bank requirement is that if there is no any register document with property register office of government then how we give you loan? Also in marketing yard lease agreement they give in written that all schedule, private bank have right to give loan on this property. But bank are not accepted this they want registered document.

So, Respected Sir, Is there any way as per Indian government and Gujarat government property law that I will buy this property in white format money and I also register it with register office of government and also bank clear my loan?

My Second Question Is that lease agreement property calculated for wealth tax or not?

My Third Question Is that lease agreement property calculated for depreciation or not?

My Fourth question is that if I not get any register document that I want in white format so I show in my account book then what I will do for it that all value show in my account book ?



Sudip Raja
M. 9427721997

I am Arun rajput. I am ICWA student. I want to know, is there any Turnover limit for the company for deducting TDS.

like in VAT T/O limit is 5 lakhs so the company has pay the vat.

So like above is there any T/O or any other criteria for company for compulsion of deducting TDS.

Can a Manufacturing concern avail the credit of service tax paid on telephone bills (for (i)Factory, (ii) Head Office)?

Sir,
Can you please tell me details about LBT(Local Body Tax). Its applicability, procedure for payment and if required to file return??
Thanks

can one get refund of the excise duty paid on capital goods purchased which are inturn to be used in the manufacture of the goods which are to be exported?

If yes, Kindly let me know the procedure.

sir
i was passed cwa final in jun,2011.and degree in 2007.
i wand to Enrollment to Associate Membership
in cwa institution.

i have teaching experience in accounts and costing in local degree college which is associated with acharya nagarjuna university near guntur .
but i was teaching like part time not full time basis. and salary aslo given by cash. no records maintained.
but they give experience certificate for 5.5 years.
this was sufficient for membership in cwa.
plz give suggestion in that .

thanks in advance.