I M A CA FINAL STUDENT,,,AND I M IN THE SECOND YEAR OF MY ARTICLESHIP,,I M DOING MY ARTICLESHIP IN A SMALL TOWN UNDER A PROPRIETOR...THE WORK I DO THERE IS PREPARING COMPUTATION AND SOME SMALL FIRMS AUDIT,,,I HAVE NEVER DONE A COMPANY AUDIT..SHOULD I GO FOR INDUSTRIAL TRAINING,AND IF I SHOULD..SHOULD I APPLY FOR INDUSTRIAL TRAINING IN MNC?,,,, I ALSO GOT SOME BIG PUBLIC LTD COMPANIES IN MY OWN CIT(ISZEC,,BALLARPUR INDUSTRIES),,,,PLS REPLY

Dear Kindly Let me know about following Questions

1)Please Provide me the list of Items with Tax Rates on which Entry Tax is levied?

2)Whether Entry Tax is applicable if we purchase Goods against "C" or "H" Form?

3) Can we eligible to take Credit of Entry Tax against Output Tax?

4)How we can pay Entry Ta? (i.e as Gujarat Vat Tax or Sales Tax)


Request you all to resolve above quarries @ the earliest....

Q. A)Sir, I want to know can we issue "C" form of 2 quarter in one "C" form consolidated or strictally not. we have to issue separately 'c' form for each quarter.
B)What value should written in "C" form Taxable value or Assailable value.

i am uday kumar working in 100% EOU
we are purchasing & Selling goods in DTA.
For that Do we Maintain RG-23 Register.For our Inputs & Finished Goods.

Can we use a gel ink pen ( say renolds gel racer ) for answering in ipcc exam

Dear Sir/Madam,

I was working with abc Pvt. Ltd. as on professional basis. The co. was deducting TDS under section 194 J fees for professional services. Now co. has not deposited TDS to Govt. from Apr - 2012 to till date. what should I do I have no Idea it means I will not get credit of that amount which every month co. is deducting.

Thanks & Regards,

Kawaljeet

Dear Expert,

I am the Partner in our Partnership business, Our Firm is under Tax audit from last six years. we had filed the firm returns on time.

In my case, I had not yet filed My personal returns for the period A.Y. 10-11, 11-12 & 12-13.

I had received remuneration and have income from other source in the above period.

Now i want to file I.T. returns for Three years .

Sir, I have one more query, while filing I.T. for A.Y.09-10, my tax consultant was forgot to claim advance tax payment of Rs. 104950/-.i had paid total advance tax of Rs.1,41,000. but only Rs.36050 was mentioned in the I.T returns and I.T. returns also filed late i.e.11-5-2010.

Just now i had received, Income tax notice to pay demand of RS. 52000 (With Interest), actuly i did not get the credit of advance tax paid (Rs. 36050).

I have checked my 26AS statement also , it is showing advance tax payment of Rs. 1,41000.

Pls help me

sir ,
how could we adjust excess cash in a firm on balance sheet date ?

WE ARE MANUFACUTURER, OUR UNIT IS UNDER CONSTRUCTIONS AT LUCKNOW.ONE OF OUR SUPPLIERS,IS SUPPLYING RMC MIXURE FOR USING IN CONSTRUCTION.

WE ARE REGISTERED UNDER THE FOLLOWING AUTHORITIES,DEPARTMENTS.
a)CENTRAL EXCISE,b) UP VAT DEPTT, c)SERVICE TAX , d)TAN UNDER INCOME TAX .

BUT, WE HAVE NOT TO TAX DEDUCTION ACCOUNT NUMBER UNDER UP VAT DEPTT OR NOT APPLIED.

THIS SUPPLIER IS CHARGING VARIOUS TAXES IN HIS TAX INVOICE ( SUCH AS ,EXCISE DUTY @2%, UP VAT @12.5% AND ALSO TRANSPORTATION CHARGES)

OUR FIVE QUESTIONS ARE TO CONCERN THIS.

1)SHOULD WE DEDUCTED TDS @1% UNDER INCOME TAX ?
2)SHOULD WE DEDUCTED TDS @2% UNDER UP VAT ACT ?
3)SHOULD WE TAKEN IN PUT CREDIT UNDER EXCISE ?
4) SHOULD WE DEPOSITED SERVICE TAX ON TRANSPORTATION @12.36% ( AS CALCULATION (TRANSPORTATION LESS REBATE @75% = NET TRANSPORTATION ).

PLEASE CLEARFY.

THANKS

VINAY KALE

RESPECTED SIR
THANKS FOR SHOWING INTEREST IN QUERY

A CONTRACTOR TURNOVER 2100000 P.A 21000 TDS DEDUCTED 194C
N ALSO RECEIVED RENT ON PLANT & MACHINERY
1200000 P.A ,,,TDS 24000 U/S 194I

THEN MY QUESTION IS
1 CAN WE ADOPT 44 AD
2 RENT ON P&M TAXABLE IN WHICH HEAD
3 AND TAXABLE VALUE OF RENT(12LAC OR 12LAC- PLANT EXP.)