gaurav
23 August 2012 at 14:08
We imported a machine and recd the invoice.
Our supplier raise the bill like below mention.
Fob value of machine 100
installation 10
Total value 110
Should we deposit the TDS & Service tax.
Please suggest
if any case is there so plese tell me.
Thanks
Aarti
22 August 2012 at 16:57
I am a Registered Dealer in Mumbai, Mah. I would like to purchase certain goods from Ahmedabad, Gujrat as they are manufactured there. I want to export the same directly from Ahmedabad by SEA instead of bringing the same into Maharashtra state (involves transportation costs + taxes etc..)Supplier willing to do billing to Maharashtra Add.
Wanted clarification on:
1) Can I export the same on the submission of "H" form?
2)Do i need to have a office in Ahemdabad to carry out such a transaction
3)Pls kindly Suggest on billing from Gujrat Supplier so that i face No hassles later in taxation including processing of H form..
Thxs
HARESH
22 August 2012 at 15:08
Dear sir,
I am a Register Dealer in Gujarat. i sales good to Register dealer in Delhi against C-Forms
Which invoice required in case of sales against C-Forms?
Retail or Taxable Invoice
P.Parthasarathi
21 August 2012 at 18:21
A charitable trust registered u/s 12A has made some cash borrowals in excess of the limit of 20K prescribed in section 269ss by some voluntary public as temporary loans just to meet the needs of the charitable institutions run by it before the grants were received. Whether penalty u/s 271D attracts in such case. Kindly mention if any case laws are available on this issue.
giridharan
21 August 2012 at 17:41
Under the new regime of service tax after 01.07.2012, when the works contract service is provided by a proprietary concern operating under a distinct business name; to a factory functioning under a business name and owned by a sole proprietor, will the service receiver liable to pay 50% of service tax under reverse charge method, or the entire liability is on the service provider?
What does the word 'business entity registered as a body corporate' mean
I request clarification.
J. Giridharan
avneesh
21 August 2012 at 17:22
husband is filing his itr, is showing his total income only 165000. he has deduction of 80c of rs 56000 in his name but he does not want show it because his income is less than 180000.
but his wife has total income Rs 237000 she also have deduction of 80c in her name of Rs. 15000,
Question- is whife can take deduction of 80c of husband which is not used by husband but accualy paid by husband
avneesh.bibhu@gmail.com
Hitesh
20 August 2012 at 10:14
Company ‘A’ is located at Vasai, Maharastra. (Purchaser)
Company ‘B’ is located at Valsad, Gujarat. (Job Worker)
Company ‘C’ is located at Vapi, Gujarat. (Seller of Raw Materials)
Company ‘A’ has appointed Company ‘B’, located at Valsad, Gujarat as a job worker. Company ‘C’ is the raw materials supplier. The moment of goods are as under:-
1. Company ‘B’ does job work for Company ‘A’.
2. Company ‘A’ order for the purchase of raw materials from the Company ‘C’ located at Vapi.
3. Company ‘A’ instructed Company ‘C’ to directly deliver raw materials at the location of Company ‘B’
4. Company ‘B’ received raw materials from Company ‘C’.
5. Company ‘B’, process the raw materials so received and dispatch the semi finished goods to the Company ‘A’ along with jobwork bill and Form 402.
The query is:-
1. Whether Company ‘B’ is liable to issue Form F for the materials received for job work?
2. Whether Company ‘A’ is liable to issue Form F for the processed materials received from Company ‘B’? What should be the amount of Form ‘F’? (Whether cost of total materials plus job work charges or just the amount of job work charges)
3. Can Company ‘A’ apply to MVAT department for the ‘F’ form from 2009? It should be applied separately for each month/quarter/year?
I shall be grateful for the reply.
avneesh
19 August 2012 at 15:28
a person is agent of lic. he received total commission Rs. 350000 so tds has been deducted Rs. 35000. now he want to fill return.
additional information is-:
Deduction of 80C available - 55000
he want to claim exp. - 115000
he want tax liability - nill
he want refund - toatal 35000
he is earning same amout from last two a/y
Please provide us-
1- which ITR is required
2- Can I file Itr 2,and i can claim exp.
3- if I file itr 4 than balance sheet and p/l is mandary or not
4- if i file itr 4 how much capital can take
5- if i file itr 4 what is business category
email- avneesh.bibhu@gmail.com
hetalsangoi
19 August 2012 at 14:40
Audited pf has purchased the property of L&B in Aug2012. He wants to do not claim & provide depreciation for FY 2012-2013 in the books of accounts & planning to claim from F.Y. 2013-2014. Is this valid or justify? Can he do? Why?
he plan to sell it after 5 years.while cal LTCG,HOW dep poni is considered if he does not provide dep in the f.y.2012-13 & provided dep after wards? how to see this issue from the point of taxation ? is it viable?
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