Pls clarify,

For calculating the value of clearance of Rs. 150 Lakhs,
What is the meaning of Value of Clearance?
Is it Gross amount of Turnover, MRP, Excisable Value ...

And for calculating the same CENVAT amount on the same has to be included or not?

Thanks in Advance.

SIR,


ARTICLE FORMS WHERE AVAILABLE

Sir/Madam,

A loan agreement is in the name of the Company and its four directors.
Now, the directors want to show the property in the name of the Company with corresponding credit shown as secured loan from Non-Banking Financial Company.
Tax at source has been deducted on interest paid to Non-Banking Financial Company.

I want to know whether it is possible to show the property as asset of the Company. What are the legal compliance's for this?

Thanks

Dear Sir,

Assesee is a registered dealer and a works contractor covered under composition scheme of maharashtra, pvt ltd co.

Assessee is a interior decorator and works contractor charges vat and service tax as following , wef 01/07/2012:

example:
A)total contract price Rs 100
servie tax on 60% @ 12.36% Rs 7.42
vat on 40% @ 12.50% Rs 5.00


B)total contract price Rs 100
vat on 100% @ 8% Rs 8.00
Service tax on 60% @ 12.36% Rs 7.42

now my question is which one from above is correct in maharashtra ?

or there is another method
Thank You in Advance.
Please Reply.

i have only one residential house. i also sold a plot in apr 2012. after this i construct a new floor at my home in oct 2012. can i get exemption u/s 54F of this construction

Sir, I want to know about scope of work (for earning revenue) for a newly qualified CA who have taken Practice as their profession??

Sir, I want to Know what are the scope of work for newly Qualified Chartered Accountant who have taken Practice as their profession??

Please answer..

HI Ajay sir and experts please kindly resolve my query

As per my previous query I wanted to take transfer in my first six months of articleship do i need to give reasons to my transfer to institute or tranfer with mutual consent is fine??
The reasons are being personal i could not write in the letter of request. so transfer without reasons is o.k since i am in first year of articleship?

Which form i need to fill for transfer is it form 109 or form 108??

Ajay Sir please do the needful..

Respected Sir,

I am bit confuse with regard to home loan exemption for the principle and interest.

Sir,

I would like to know,

Can I claim exemption for the interest and principle paid for the home loan and HRA.

I have home loan for property in Mumbai and I am staying in chennai in rented house.

I read that both can be claim together as the property is not in the same city.

But the income tax office say, I cannot claim both HRA and interest and principle together as the house is self occupied though it is in different city. Please help me understand, so that i could reply to the income tax dept.

regards
Prasad

namskar,

i want to file service tax return of a goods transporter transporing goods to "u.p rajkiya nirman nigam"...

due to reveerse charge tax liability is on the nigam..

Do i have to specify the notification due to which the liability in the above case is shifted to the nigam..
please specify the notification no.


thanks