Please tell me Can we File a Return of Labour Contractor in Rice Mill u/s 44AD on Preumptive Basis
Dear Friend
My client having depot at Bangalore and having manufacturing unit at Pondy. Now we are transferring goods from Pondy to Bangalore through form F and then we are selling local market with applicable local tax. While making local sale my client having the following format of Invoice:
Basic Value of Material 100
ED 12
Total for Sale Tax (A) 112
ST @ assume 14% on A 15.68
Total 127.68
Add:
Freight 10
Insurance 5
Total Value of Invoice 142.68
Now department asking to pay K VAT for entire amount means (100+12+10+5)x 14%
Whether this view is correct or can i argue for exclude freight and Insurance
CA SENTHIL
Hi,
I am starting a new trading business (Propritership firm) in Rajasthan. I would be selling goods across India. What all tax related Registration are required?
Is there anyone who can help/guide me getting these registration done.
What is the difference beteen TIN, TAN and VAT?
Hello
I Received TDS Notice u/s 200A. I want to Reply this notice but l where should I dispatch the letter at Gaziabad or At our Local jurisdiction of IT Departmet.
Hi All,
Actually i read an article somewhere which says that if your builder does not provide you your house within 3 yrs of capital borrowed, then interest exemption on the loan will be 30,000/- only, in place of recently ammended 200000/-
So, i want to know , is it true?you can also find the link address below.Please enlight me on the same.
Thankyou
CA.Dishapaliwal
http://economictimes.indiatimes.com/markets/real-estate/news/home-not-delivered-in-3-years-after-loan-you-will-now-lose-out-on-tax-breaks/articleshow/39652163.cms
is investment by assesse in NSC is eligible for deduction under section 80C?
respected sir,
whether it is necessary to conclude partner ship deep on a stamp paper or deed on awhite paper is enough
Dear Guru
Asset was commissioned in 2012 but not accounted in books during Asset verification in 2014 asset was found as not accounted in books how treat the depreciation
Options:
1) Calculating depreciation from 2012 to 2014 and charging it in current year
2) Charging depreciation in remaing life of the asset
3) Any other way.
Please
I have registered for ipcc may 2015 But yesterday i received tax study material from kanpur which is applicable for nov. 2014. please suggest me what should i do???how to get may15 tax books???
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Section 44ad of income tax act