What is the difference between normal purchase and consignment ?
How to identify which purchase ia an ordinary one and which is consignment?

.One of our client is a travel agent and deals in Hotel booking, rent a car and complete Travel package. He books the trip for his clients wherein clients pays money to him and in turn he pays to some other Travel agency.

.He does not charge service tax but bill which he receive has service tax component.

.Should he go for service tax registration or what’s the limit for registration for service tax?

what mistakes generaiiy students commit while attending interviews?

is there any consequences if gmcs-1 is not completed with in one year from commencement of articleship.

Dear All,
Wood purchase from "Basti Timber Mart for Rs.16,000/-
Payment made to Alfa Traders on behalf of Basti Timber mart.

What would be the entry in Tally.
Payment?
JV?
Purchase?

Please sugest?

Is amount of Insurance and Freight charges included in calculation of CST @ 2%?? ie.Is excise levied on Insurance and Freight charges?

i have completed my degree bbm and also appeered for ipcc during my degree course,i missed out ipcc with 8 marks in may2013 .

pls suggest me....

hence my query is which is best option.
1. direct entry scheme
2. cpt base

how to cenvat credit if dta unit procured material from EOU unit. based on formula or as per actual in invoice

Our trust has taken superannuation policy from LIC under which Employer contribute 15% of basis salary.
After serving for more than 18 years, LIC commuted one third of the amount of pension i.e. annuity and started paying pension( annuity)to Employee directly. Commuted amount was paid to trust for onward making payment to Employee. Now the Employer wants to deduct income tax on the commuted amount received from LIC ( U/s 10 (13) whereas retired employee is of the opinion that commuted amount is not subject to Income Tax under section 10(10A)iii.

I request expert for their comments as to what is correct status.

Auditors are mandatory for individual like proprietary firms,other small scale industries