i wanted to know the entry to be passed for recording TDS under sec 194A based on form 16A

Dear Sanjay sir,
We Being an AOP in Constuction book airline tickets 13lcs p.a. for employees & Directors for business tours,from a A Pvt.Ltd. co.who charges service Tax in bill. do i hv to deduct tds on 13lacs.since TDS is applicable on Services rendered plz reply immediately
thnx

Treatment of Sales returns in VAT Calcultion:

Dear Sir,

I wish to know exact treatment of Sales returns from VAT angle.
Mr. A sold 12.5% VAT goods to Mr. B on 02/07/2012. Mr. A files monthly VAT returns.

1) However few goods were returned by the Mr. B after more than six months i.e. say on 05/05/2013. How to consider this sales returns during the FY 2013-14? Whether to deduct this sale from 12.5% VAT sales of May 13 to arrive at VAT liability?

2) Suppose these sales are interstate sales of 2% CST and if the ‘C’ forms are issued and the same are returned backed after more than six months then whether to deduct this sale from 2%CST sale of May 13? What will be the impact if ‘C’ forms are already issued?

3) Further how to treat this VAT / CST sale return in May 13 if there is no corresponding same VAT / CST rate sale in May 13 i.e. there is no 12.5% VAT or 2% CST sale.

Whether the accounting treatment suggested for above cases will remain the same for Purchase returns also?

Kindly Guide.
Regards,
Suraj

Under manpower supply service, service provider had charged 12.36% on whole amount.
My question is that is the Company still liable under reverse charge since Company paid the whole service tax amount to service provider.

My wife and myself has applied for a home loan amount Rs 34 Lakhs where my wife is first applicant and I am second applicant. My wife is a house wife she is not having any income and does not submit IT return. I will amke the payment for EMI. Property will be register in our name where wife will be 1st owner and I am 2nd owner. Can it get tax benefit for all the amount under section 24 and 80C.

agricultural land sold for Rs 80 lacs
stamp value Rs 90 lacs
index cost of acquisition Rs 10 lacs
capital gain Rs 80 lacs
new investment in agri land (54B) Rs 20 lacs.
new investment in residential house property (54F) Rs 60 lacs.

Now as per case law of [2011] 16 taxmann.com 357 (JP)/[2012] 49 SOT 160 (JP)[18-11-2011] Prakash Karnawat vs ITO, whether no capital gain tax chargeable?

how i have to go further for computer training after the SIP?
Is it compulsory to finish the computer training programe for writing exam for EXECUTIVE ONE MODULE in DEC-2013?

please guide me.

thanks

Dear Sir,

I have taken a medical policy of my spouse an amount of Rs. 4150 for financial year 2012-2013.Shall I claim of Preventive health check up of Rs. 5000 for this financial year.Please tell me how much amount i have to deducted in my tax calculation under section 80D in financial year 2012-13.Is it 4150 + 5000=9150 or 4150?

Thanks
Mukul

What are the Documents to be submitted to ger FIRC from bank.

is it Must to get bank realization certificate for our exports?

The assessee has sold a portion of his vacant land purchased from his own sources and earned a sizable profit. From the proceeds he constructed a building in the name of his spouse (she don't have income source). My query is whether such construction is eligible for exemption u/s 54 F?