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jitu (Querist)

13 November 2014 how can i expand TDS related knowledge.
PLEASE SUGGEST ME ANY B00K OR ANY SITE.

raghuvanshi.jitu@yahoo.com

thanks
jitendra Raghuvnshi

Amol S Joglekar

Amol S Joglekar (Expert)

13 November 2014 USe singhania's book on income tax. It has given solved examples

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Ganeshbabu K

Ganeshbabu K (Expert)

13 November 2014 There are many books on this topic.

You may choose one from bharat publishers or taxmann publishers
.
.
Taxmanns books name is "TDS home to meet your obligations"

forgot bharat publisher book name---i think it is "all about TDS"

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jitu

jitu (Querist)

13 November 2014 Thanks to all for replying

jitu

jitu (Querist)

13 November 2014 dear experts,

please explain, payable Vat calculation :-

i mean input and output vat adjustment like CST, INPUT VAT, i have HALF KNOWLEDGE of vat adjustment

jitendra Raghuvanshi

CA. Sameer Kashikar

CA. Sameer Kashikar (Expert)

14 November 2014 Vat is all about paying tax on incremental amount or in other words to say tax on markup added by the seller.

For understanding vat calculation u need to understand some basic terminology

Output tax : it is tax on sales made by the dealer
Input tax: it is tax paid by the dealer on purchases made by the dealer
Set off: it is deduction of input vat from output vat

The balance amount remained after set off is vat payable

However this calculation goes on ideal scenario with no complications

There are some inputs in which u r not eligible for take credit
Also in some case u get proportionate credit or there is reduction in credit

Vat laws are state subject
It varies from state to state
U need to look into state law for more details
But basic remains the same.

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jitu

jitu (Querist)

22 November 2014 Dear Experts,

I earnestly eager to know VAT Return procedures and Last date of VAT return and vat payment panelty as well
(In Madhya Pradesh)

May any body help me to know the same

jitendra

Amol S Joglekar

Amol S Joglekar (Expert)

22 November 2014 You can visit the web site where you will get the concerned information.

jitu

jitu (Querist)

18 December 2014 what is internal Audit & is it compulsory for all companies ?

jitenda