Hallo sir,

please suggest me what is the FBT rate on perquisite and Reimbrushment?

Please guide me i get confusion in the following problem.

Suppose a parent company acquires 75% equity share on 1-10-2000 in a subsidiary company. Later on 31-03-2001 assets of the subsidiary company are revalued upward by Rs 200000 then, will the revaluation profit (reserve) of the subsidiary treated as Post acquisition profit or pre-acquisition profit. Or there is any other treatment, please suggest.

ABC ltd having business of Timber. When he purchase timber party recover TCS on sale value +VAT=Total Sale +TCS

but ABC Ltd sells timber he raise the bill , sale value +VAT, and TCS on Sale Value= Total Sale

so, please help me that TCS should be recover on sale value +VAT or TCS on Sale value

please help me.

please explain me that how will i carry out the audit of purchase.
because i do not have basic concept of purchase audit

thanks

I WANT THE LEARN THE BASISC OF INCOME EQUALISATION RESERVE & UNIT PREMIUM RESERVE
HOW & WHEN THESE A/C ARE AFFECTED

Hi,
I want to know that if i have Cenvat credit in books in respect of Service Tax(12%) and Excise duty(16%) but there in no balance in EDU cess a/c (2%+1%) as credit.

now if i have Educatiuon Cess liability on sale/services, can i set off this with my above credit(Service Tax/Excise duty)

In case of 100%EOU if they are selling material in DTA, they have to pay costom duty(BCD) on such sale, can they set off this with their Cenvat credit?

pl reply

i have two ques..

1) can the long term capital gains arising out of sale of long term residential property has to be invested only in 1 new residential property or can it be invested in more than 1 residential property?

2) can the long term capital gains arising from sale of agricultural land has to be invested only in another agricultural land or can it be invested in residential property also?

regards
Rohit Sharma

tds rates f.y.2007-2008

According to announcement an Artcle clerk shall shall be entitled to compensatory leave calculated with reference to number of completed working hours, over and above, 35 hours per week.Is that mean that an article will get that much extra leave over & above 138 days?

iam doing MBA distance mode, i would like to join a computers,other than tally & SAP any good sowftwares is there, in accounts, i would like to be in a good postion, could u please guide me,