Pvt ltd company is incorated as on 1-4-12 but not started business operations and incured some expenses.The company is liquidating in same financial year .Please tell me Which Disclosures I have to Make While preparing Balance Sheet As Per Schedule VI.

Wheather TDS is apllicable to payment to Private Transport Co for railway freight paid on our behalf. Railway Receipt bears our company name and also Transport company raised the same amount of bill that is mentioned in railway receipt.

Is reverse charge mechanism applicable on Manpower recruitment services ?

Dear sir,
Iam working in a partnership firm as an accoutant.In their account I found in the current asset group the following amounts are lyeing as debit balance.
TDS receivable - 10-11 ---- Rs.79345
TDS receivable - 11-12 ---- Rs.122516
TDS receivable - 09-10 ---- Rs.43418
Please advice me whether I can transfer these amounts to partner's capital account by dividing their percentage vise.
Please reply back at the earleist.

we buy CST @5% without C Form not 2%

and buy local purchase 12.5% and 5%

no sale in this quarter

CST tax credit input in DVAT

if yes please provide me treatment and if no than how to file return in dvat

Dear Friends,

Query-
I have purchased a land in 1979 for Rs 150000 and constructed a House in 1989 with the cost of Rs 23 lakhs. I have done renovation in 1999 for Rs.500000 and sold my house in Mar 2013 for 56 lakhs.
Please guide me with LTCG calculation...How do I consider Land value and constructed property in overall calculation.

Regards
Garvit

Dear All,

I have confusion with respect to movement of goods sold under the excise law.

whether the material sold by a manufacturer to a registered dealer can be sold by the dealer to another person without bringing the material under its registered premise.

whereas in the LR the delivery address is mentioned by the manufacturer is the premise of Registered dealer.

and Dealer prepares a new LR mentioning the place of removal as its premise and delivery address in the name of second buyer.
whether the material dispatched from manufacturer can be delivered directly at the premise of second buyer.

Please clarify

Regards,

Ranish

Dear Friends,

Kindly advice me:

My father retired from Punjab Govt Aided School on Nov 2007, till then he is not getting any pension as stopped by then Govt.

Now Govt has started his pensioN. He is getting rs 16000/- per month. and addition he has got 2 out of 5 installments for arrear pension for (Dec 07 to mar 2013) in may 2013 and June 2013 amounting Rs 178000/- each. Bank has deduction TDS rs 18000/- on payment.

I want to know whether there is any Rebate under section 89 or some other section for claiming back this TDS d educted. Because installments received now are for previus years.

Kindly advice

What formula to be applied in excel work sheet for calculation of interest on tds?

Dear sir,
Iam a new new emplyee of a comapany.For the year 2012-13 I have recd a gross salary of Rs.139564 and bank interest of Rs.5000/-
Is it compalsory for me to file Income tax return.
Please reply back at the earleist.