i have purchase share od rs 150000.00 in 2007. so i have to filled return as per rule annual information return. if yes plz refer where it is written.

WE HAVE RECEIVED THE ABOVE LICENSE OF RS.1.04 CRORES.BUT WE ARE UNABLE TO USE THE LICENSE AS THE CUSTOMS IMPORT DUTY RELATING TO OUR PRODUCT IS NIL .CAN WE USE THE ABOVE LICENSE AGAINST EXPORT DUTY.
PLEASE ADVICE

hello sir..
law ke liye mein module refer kar raha hoon..
par sir.. may and nov 2007 ke questions mein jahan public co{ques no.10 may07}
aur sec.25{ques no.9 nov07}ke ques diye hue hain unke answers module mein nahin mil rahe he.. specially sec.25..
mujhe yeh chiz samajh nahin aa rahi.. ki jab module mein bhi inke bare mein detail mein nahin diya hua he to kya karoon??

aur kya pata chalega konsa part extra karna he?? kyonki module ke bahar se to kuch ata nahin he...

sir plz guide kijiye...

A person has shown ACCRUED interest on NSC under the head " Income from other sources".

Can he show interest earned on Fixed Deposits of banks on RECEIPT basis? Is it necessary for him show interest on FD also on ACCRUAL basis?

The assasee is an individual having income only from Salary and Income from other sources

Can u plz. explain difference between ammortisation of assets and impairment of assets.

In case of an educational Institution a development fund is created and it can be used for purchase of a machinery. The credit balance in the development fund is represented by an equal debit balance in a separate bank balance.

A machine has been purchased. The normal accounting entry would be, debit fixed asset and credit bank account.Now the question arises how to reduce the Development fund ledger balance as bank balance has already reduced due to payment made for purchase of a machine.

so query is:

If we debit Development Fund, which account is to be credited.

If a hyderabad party has purchased material from Karnata & supplied in the karanataka state only for Job work.
Whether the CST or Vat applicable to the Hyderabad Party?

In a company, bonus amount to employees are paid in the name of their spouse (non-employees).The said amount was booked under bonus a/c. Will the amount so paid be clubbed in the hands of the employee?

I RECENTLY GOT A NEW CLIENT - A MEDICINE CUM GENERAL RETAILER. HE IS UNDER COMPOSITION
MY QUERY IS REGARDING HOW TO PAY TAX
EG: TOTAL SALES 7 LAKHS (2 LAKHS GENERAL SALES)
TOTAL PURCHASES 6 LAKHS (1.5 LAKHS GENERAL PURCHASES)

WAT WOULD BE THE TAX RATE & WOULD MEDICINE SALES BE EXEMPT. HOW DO I SHOWN IN VAT RETURNS?

I have received dividend on 19.06.2008 from a Domestic company as a share holder amount of Rs.1,15,000/- for the period 2006-07 chequed dated 01.01.2008.
Please tell me that the dividend income should be recognised for which year ?