Deepak Sharma
12 July 2008 at 14:22

Surcharge on FBT

Is surcharge applicable on FBT without considering exemption limit (i.e. 1.00 Crore)


Naveen Jain

Sir,
If purchases net of VAT exceed 40.00 Lacs and sales net of VAT does not exceed , then in that case whether Tax Audit is compulsory or not?


srinivasulu
12 July 2008 at 13:23

whether the sale is cst or vat?

Dear sir's,

Pls advice me this type of sale is cst or vat

Actually we raised the invoice in favour of Indore party (Madya Pradesh) we are From Hyderabad.But acually goods despatched to local(Hyd only)(it is their Branch) Now problem is they are asking to raise invoice as cst sale. so please advice what can we do?


Archana
12 July 2008 at 11:58

Quasi capital

We are a listed company. Can we show the unsecured loan from Director as "Quasi Capital".
If yes, what is time limit upto which I can convert the Quasi capital into shares?

Is it necessary then to allot shares against the capital?

Secondly what are the implications if I do not make the required allotment in future.


pradeep

Just to brief you, VAT on Tobacco & Tobacco products is 12.5% across India. Unmanufactured tobacco was always exempted from VAT being an agriculture produce. After the levy of VAT, some state have put it in exempted category like in Gujrat, Delhi & West Bengal, but some has not. I am not able to find out the rate of VAT leviable on unmanufactured tobacco in various state. Will appreciate, if you can compile a chart on the subject as per the enclosed format.
pls help


Abhishek

My sister worked as Contractual Employee with the Company for first 5 months of the PY, on which TDS Professional was deducted by the company.(i.e. paid as an outside party)
Later on she joined another company in capacity of Payroll employee.

In the new ITR's there is no specific form which provides for both types of income i.e. PGBP & Salary.

Pls suggest how to file ITR in this case & which form to be filed.

Also, in case of PGBP income, how much % of expense can be claimed for pursuing services to company. Is there any other document to be filed apart from form 16a i.e. B/sheet or P&L ??

Pls revert ASAP.


Afzal N. Patel
12 July 2008 at 10:44

Partnership Deed Lost

I have a friend who is in the business of oil retailing since 2001 and during repairing work of his shop, he has lost his original copy of partnership deed, now what should we do.


Sandeep
12 July 2008 at 09:44

RG 23D Register

Sir,
Please explain the RG 23D Register. Provide me its illustrative Format. and How it is maintained. Its very very urgent

Thank you in advance


yadushi
12 July 2008 at 07:45

RPF vs PPF

A trust who is employing more than 250 employees and fulfill all d conditions that make them fall under Employees Provident fund nd Miscellaneous Provisions act,then isnt such trust has to comply to d statutory provisions of 12% employer contribution nd 12% employee contribution(ie Employees provident fund)..Instead d trust has opened a PPF account with some bank and what they do is the employer contributes 12% nd employee contributes 12% to d PPF account...my query is that only under RPF an employee gets d benefit of pension schme and deposit linked insurance scheme which is a statutory provision.....Whether or not EPF must be applied to d said trust.

plz help!!!!!


Karthick Subramanian
12 July 2008 at 06:57

Dual employment

An employee who was working in that company changes his job to another company. The liquidated/closed company refused to issue form 16.

Can the employee files his ITR - 1 with only one form 16(from the second company)?

Non attachment of form 16 from the previous employer might lead to rejection of the return for lack of proper attachment.What should the employee do?

How should he file his return?






CCI Pro



Answer Query

Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details