A dealer has import purchase as well as VAt purchase on which he claims Input Credit and transfers a portion of stock u/s 6A of the CST Act outside W.B. The qestion is, is he liable to reverse input credit proportionately on stock transfer? Can we argue that transfer is out of Imported goods ?

whether there is any provision for car rent recd from employer after deduction of tds. since employee taken car loan from finance inst.whether he can claim deduction of car loan interest u/s 24(1) or not ? please send suggestion for the same and how the calculation should be refer to our client.

whether there is any provision for car rent recd from employer after deduction of tds. since employee taken car loan from finance inst.whether he can claim deduction of car loan interest u/s 24(1) or not ? please send suggestion for the same.

Well i have got the following query in relation to issued of Form 16A

1. In relation to TDS on Contractor payment. What is the time limit for Issue of TDS Certificate?

2.Income Tax Act says that Form16A shall be issued on monthly basis. So whether One FORM16A annually would suffice.?

The balance of an unsecured loan as on 1st April 07 was Rs. 2,00,000/-. An additional loan of Rs. 10,000/- was taken on 1st June 07 in CASH. A sum of Rs. 10,000/- was repaid on 30th September 07 in CASH.

Am I liable to pay penalty u/s 271D and 271E of the I. T. Act?

If yes, what would be the amount of penalty imposable?

What if the amount (Rs. 10,000/-) is shown as a temporary advance?

Thanks & Regards,
Niki

Well i have got the following query in relation to issued of Form 16A

1. In relation to TDS on Contractor payment. What is the time limit for Issue of TDS Certificate?

2.Income Tax Act says that Form16A shall be issued on monthly basis. So whether One FORM16A annually would suffice.?

will consent to act as director be filed with roc at the time of appointment of director as additional director needed. shall we file form 32 for appointment of additinal director and also on his confirmatin of director in agm also.

thanks

what is the total cost for TALLY. ERP 9.

Can someone tell me the procedure to be followed to dissolve a public trust registered under the Bombay Public Trust Act, 1950

Sir

The employer mill was closed 10 years back and no business is carried on since then. All the employees were settled.

Only one employee has not agreed to settlement and still occupying the quarters allotted by employer and refusing to quit despite the lawyer notice.

Can he be punished under 630 of Companies Act, 1956.

Regards

Karthikeyan