Premnath. M
23 November 2008 at 21:43

section no:

can anyone quote the section which deals with time limit for issue of share after receiving money towards share capital.


ANIL
23 November 2008 at 21:19

Service Tax credit

can we take credit for service taxes payment made on services bills (govt bills) etc. while calculating monthly service tax payment in the case of a Pvt Ltd., Compnay.

the company has not claimed so far any credit from april 08 onwards and made all payment on account of service tax due till date. is it possible to claim that in next month. (Oct service tax return already file with out credit)

please advise.

thanks


Amit J
23 November 2008 at 21:11

VAT or CST

XYZ dealer located at Pune, Maharashtra, purchases goods from PQR Chennai, Tamilnadu with 2% CST . Same goods are resale to ABC Thane, Maharashtra. In this case while reselling the goods which sales tax is applicable, whether VAT or CST? In this transaction goods are directly deliverd from Chennai to Thane & Invoiced to Chennai to Pune .


Dev
23 November 2008 at 20:52

Input credit on capital goods

with reference to Delhi Vat and U.P. Vat,input credit in respect of Spares of Machinery which are charged off to P/L A/c will be allowed whether in one year or Three year?


A D - Loving Life
23 November 2008 at 20:42

Purchase re

What is purchase requisition?


A D - Loving Life
23 November 2008 at 20:40

Differences

Give points that differentiate bin cards & stored ledger?


A D - Loving Life
23 November 2008 at 20:38

Differences

Give points that doffirentiate perpetual inventory & continuous stock taking?


Premnath. M
23 November 2008 at 19:37

accounting of samples

a company manufacturing medicines. and to sell their products they give samples of those product to doctors.so how the cost of samples to be accounted. for eg:

the opening balance is as follows:
Goods for sale=Rs. 50
Samples= Rs.10
Cost of goods produced:
For sale= Rs.150
Samples= Rs.20

Sales(Rs. 175 cost)= Rs. 250

Closing Stock:
For sale= Rs.25
Samples= Rs. 15
here Rs.15 worth samples were given to doctors and my doubt is whether we should disclose the samples given to doctors in the credit side of Trading A/c or not.

If my question is not clear pls tell me


rangarajanr2000

Can a non member buy shares in a privated limited company from members at different prices.Whether fair value should remain same for all purchases. What is the implication under Income tax act , if purchased less than fair value.


Ishdeep Singh
23 November 2008 at 18:51

Internship query

I have taken transfer from my Principal.

But he has not given credit for leaves taken for ITT training.

Is there any way I can avail credit of the excess leaves he has shown in my transfer form.

Please reply if any one knows the solution.






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