Dear All,
Suppose one company transfers a car to its sister concern, will the company need to charge sales tax or VAT on the transfer of that car.
What is this Carrying amount? Where and all is this term applicable and used? How is it useful and for what? Can any one explain me everything relating to this carrying amount please? Is there something called carrying cost? Is it different from carrying amount? Please help me.
DEAR ALL,
MR. A CONSTRUCTED HIS HOUSE ON 30/06/2008. CONSISTING OF GROUND FLOOR & FIRST FLOOR EACH 1000 SQ. FEET.
HE OCCUPIED GR FLR ON 01/07/2008 & LET OUT FIRST FLOOR FOR A RENT OF RS.15000/-PER MONTH. HOWEVER TENANT VACATED THE HOUSE ON 31/12/08 & B OCCUPIED THEREAFTER.
FAIR RENT VALUE OF EACH UNIT 100000
MUNICIPAL VALUE OF EACH UNIT 72000
CALCULATED GROSS ANNUAL VALUE ???
IN TN MANOHARAN'S BOOK ITS 90000/-. I THINK IT SHOULD BE 100000.
Hi, I would like to know how is the principal claimed u/s 80c to be treated in case the house is sold before 3 years.
Hw should the reversal be accounted for and under what section and for which year ?
Is it correct if company adjust the excess TDS (92B)(of FY 08-09)amt paid to Govt in Fy 2009-10 against the TDS(92B) amt payable in FY 09-10.
e.g.
Excess TDS Paid Rs 8000 in FY 08-09
TDS Payable In FY 09-10 RS 18000
Paid before due date Only RS 10000.
Return of income/ fringe benefits can be furnished in any of the following manners:-
(i) furnishing the return in a paper form
(ii) furnishing the return electronically under digital signature
(iii) transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V;
(iv) furnishing a bar-coded return in a paper form
PLEASE CALARIFY THE(iv) OPTION.WHAT IS BAR CODED RETURN
My company is doing manufacturing of PVC Films. The main products is PVC Films of different sizes. The company grinds the PVC Films if the same is not sold within few fixed time. The company does not intimate the excise authority on converting the PVC Films to powder form. The co. uses the said powder form as raw material for the production of PVC Films.
My question is whether the co. is laible to pay excise duty at the time of said conversion of PVC FIlms (Which has already been recognized as finished goods in RG-1)into powder or the benefit of captive consumption is available to the co.
Hello,
I works as Medical Transcriptionist, my company cut TDS and pays me. I wnat to file the ITR for the loan purpose. I want ot know how can I file the ITR? I have never filed any so I have no idea as to how and where it is filed and what details and forms are needed to file the ITR. Please help me in this regards.
Please email me at kitz4uin@yahoo.com.
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transfer of car by one company to its sister concern