While calculating the liability for a partiular tax period we take set off of taxes paid on purchases. But whether we have to consider stock factor while calculating set off
ie whether
Set off available = Tax paid On (Op st + Purchases - Cl Stock)
or
Set off available = Tax paid on Purchases

sir,
what is the difference between the following;

* Bank Draft
* Banker's Cheque
* Pay Order
* Outstation Cheque
* local Cheque

Thank you

Sir,
I want to take transfer but my CA is not giving me transfer and he refuses to give me transfer & says that if u want to take to transfer than i will shortlist your attendence or create any other problem & he is also torturing & blaming me.

But sir i am suffering from very serious situation & getting mentally pressure
so sir plz show me the way that how can i get transfer and give me the right way to take transfer.

We have obtained Import Export Code and is there any need to apply for Export License separately?

What is the period of validity of IEC and there is no information about such validity period in IEC application form.

Please suggest me on this.........

Regards,

K.Sai Kiran

How many tpyes of taxes companies will go to pay monthly, half yearly and yearly

hi...i am a ca final student writing in may 2009....will have 9 months of articles left thereafter & want to opt for industry training. How am I supposed to proceed? Whether it is advisable to have the training in the audit firms or companies (other than audit firms) recognised by icai

WE HAVE PAID RS.3 LACS AG. ONE YEAR CLUB MEMBERSHIP OF REPUTE.
PAYMENT MADE BY THE COMPANY AND RECEIPT IS ALSO IN THE NAME OF THE COMPANY.
wHAT IS THE TREATMENT OF THIS PAYMENT.
THIS IS A COMPANY EXPENSES AND ATTACT FBT ON CLUB MEMBERSHIP FEE OR THIS IS A PERSONAL EXP. PAYMENT OF OUR DIRECTOR AND HAS TO BE DEBITED TO HIM.
PLEASE GUIDE.

IS IT BENEFICIAL FOR RUNNING JUNE BATCH PCC STUDENTS TO JOIN IN IPCC...WAT ARE THE EXACT BENEFITS IF THAN THAN AND WAT ARE THE OFFSIDE ONE IF NO ..????

Dear friends,

We want your suggestion as below.

My company A has signed BTA (Business Transfer Agreement) with B on 2nd December, 2008. In BTA it is specified that the transfer will be effective from 1st April, 2008.

We have any liability to inform Income Tax Department for the same?


We have different PAN of both the companies.

Please suggest.


Thanks,
Jayesh Jagetiya

Dear friends,

We want your suggestion as below.

My company A has signed BTA (Business Transfer Agreement) with B on 2nd December, 2008. In BTA it is specified that the transfer will be effective from 1st April, 2008.

The income Tax on capital Gain on Slump Sale (from A to B) arrived is Rs. 88 Lacs. According to the Advance Tax provisions we have to pay 75% of the total tax payable up to 15th December, 2008.

We have paid Rs. 15 Lacs Advance Tax in the name of A on 15th September & we have also paid Rs. 24 Lacs FBT in the name of A.

Now should we pay the Advance Tax & FBT in the name of A or B?

Will we get credit of Advance Tax & FBT already paid?

We have different PAN of both the companies.

Please suggest.


Thanks,
Jayesh Jagetiya