Dear Sir/ Madam

Could you help me in the below mentioned problem


A company delivers its tanker and trailor (Heavy Vehicle) to the another company on hire charges basis. Also, its turnover exceeds Rs. 1 Crore.

Will Service Tax applicable on such service?

Give your opinion in detail

Regards

Yogesh Tayal

Can anyone kindly provide me the details / link for CISA Syllabus & the process for studying the course.

hello sir/mam,

i m purchasing some material inclusive of vat and thereon an amount of subsidy is also given by the suplier.

i want to know that whather should i take the whole input VAT credit or propotionate VAT on material cost after subtracting the subsidy theron?

e.g.
material cost 1200
VAT theron 48 (@ 4%)

total price 1248

let subsidy 624

net amount payble to suplier 624

now i have two opinion.
1:-

Input VAT credit will be 24 {i.e.(1248-624)*0.04/1.04}

and the second one:-
Input VAT credit will be 48 {i.e.(1248*0.04/1.04} means the whole Input VAT.

what should i do???

Dear Sir,

In the course of internal audit I request yourself to explain me and the areas to look in with reference to the above BRs statements and also kindly let me the brief idea of the accounting procedure that will be inculcated in Export Business,

Reply to maheshkulkarni29@gmail.com

thanks in advance

Regards,
Mahesh Kulkarni

the assessee has sold gold ornaments and invest that amount in residential property, so it accour capital gain or exampted

Dear Sir,

In the course of internal audit I request yourself to explain me and the areas to look in with reference to the above BRs statements and also kindly let me the brief idea of the accounting procedure that will be inculcated in Export Business,

Reply to maheshkulkarni29@gmail.com

thanks in advance

Regards,
Mahesh Kulkarni

Sir,

We are producing Refined oil & purchased goods from exempted unit(PSI-1993).

Exempted unit raised invoice upon us, without charging VAT, in that case whether we can claim a VAT SET OFF.

If yes, what is the procedure.

Dear Sir,

In the course of internal audit I request yourself to explain me and the areas to look in with reference to the above BRs statements and also kindly let me the brief idea of the accounting procedure that will be inculcated in Export Business,

Reply to maheshkulkarni29@gmail.com

thanks in advance

Regards,
Mahesh Kulkarni

whether lineal ascendants includes mother's mother?

Please Define The following terms:-
Book Value
Net Asset Value
Net Worth

How we treat Preference Shares & Some reserves like Capital Redemption Reserve, Amalagamation Reserve, Share Premium A/c for calculation of the above?