Hello Friends,
Please help me out of MVAT Act.
Is that compulsory to audit books under MVAT Act if there is no taxable sales. But having taxable purchases? And turnover of sale is 2 crore which is taxfree under MVAT Act. And a dealer having registered Under MVAT. Is he is liable to file Vat returns or not?
Please reply my query as early as possible.
Thanks in advance

Hi I am doing the audit of a construction company. They are buying river sand from different people ( It is coming under 'unregistered purchase' ). Almost all of them were cash payments and some exceeded 20,000 also. The yearly payments to all of them run to Lakhs of rupees.

The suppliers wont supply us any bill (Local people) and not having PAN.

Should we deduct TDS for payments to such people or such purchases attracts any other tax ? If any other treatments is there kindly let me know.

Kindly reply

i am liable to pay tax under reverse charge as I'm importing seervices

please let me know

Under which category & Code to register
Under which code to pay service tax

Thanks in advance.

Sir i am in 2 ca firm my articleship 5 month complet (1st ca firm me take 109 form and send it ) if after 3 month gap my it ott completing my article start in new ca firm them my previous 5 month count in my 3 year articleship if yes ,how and if no , then no problem me (i am 1st yr )

I am in my 2nd year of article ship. my principal is retiring from the partnership firm(under which i am registered) and now he is starting his own proprietor ship firm.. what is the procedure to transfer my articleship in this case.?

I wanted to know if my company is liable to deduct TDS on Escrow Fees paid to the Bank

For MVAT Registration what proof of Place of Business should be provided if applicant is neither Owner nor Tenant and Applicant is using place of other sister concern as Registered office.

sir, I joined for articled training and bought the stamp paper on 5-3-2013, but I cannot register for article-ship till now(8-4-2013). heard that register for article-ship within 30 days of joining training. Whether can I use the same stamp paper dated 5-3-2013 for my article registration? Can I get my training period from 5-3-2013? Is there any fine for this delay?

Sir please tell me,that the assessee is an auto driver of his owned auto, then this income of assessee is taxable under which head? And also which itr form has to be filled for that?

I am a CA Final student.I have cleared IPCC in May 2012.I would like to know whether the provision of giving exam after 2 yrs of articleship is applicable for me or not.If not,what will be my due date for the finals.