I WANT TO KNOW THAT WHAT IS THE BEST WAY TO CALCULAT THE DOS ON CR SALE OR INCULDING TOTAL SALE :
A) Total Debetors/(CR Sale/365)
B) Total Debetors/(CR Sale+Cash Sale/365)
I had sold a plot of land in August 2008 resultinh into some amount of Long Term Capital Gain after the benefit of indexation.
Since I am posted to a place other than my native place and due to professional pre occupation I just kept the major amount of consideration (nearly 90%) in FDR for one year. Please advise me how I can save income Tax on this money.
Also please specifically consider a case where if I deposit the full money upfront with a builder for the purpose of acquiring a new house/flat now whether this amount of deposit will be tax exempt or not.
If yes what will be the status if Builder have no ready flat and propose to offer posession within one year from Aug 2008 and within two year from Aug 2008- The date of actual capital gain?
Direct Response to "ghuliani@gmail.com" will also be welcomed
Regards
Ghuliani GK
can anyone suggest me best book to follow for company law for cs inter
thaking u in advance
chandan :)
An Indian company has deducted TDS u/s 195 on income which accrued and received outside India of a Foreign company having no permanent establishment in India. i.e. though the income was not liable for income tax, the Indian company made TDS. Considering the above facts
1) Can the foreign company on its own claim the refund of TDS?If yes, How and where?
2) Is there is any procedure to avoid deduction under section 195? If yes, WHat is that?
3) Is the answer to the above mentioned queries will be different if TDS is made under any other section?
Please Guide
Dear Sir,
We are manufacturer and are selling material to 100% EOU against CT - 3, on which no excise duty is payable resulting accumulation of Cenvat Credit.
Is it possible to take refund of such accumulated Cenvat Credit? Please also guide for the procedure to be followed ?
Hi,i want ot take service tax registration as it is mandatory to quote at the time of EPCG registration. however, i am neither providing any service not receive any service. under which category my registration will fall?
Mr. X works in a PSU wherein employees contribute every month towards a pension fund which is managed by the employees and is recognised by the PSU. Upon retirement, the amount due to an employee is deposited with LIC whereby Mr. X receives a fixed sum every month post retirement. Is this pension exempt from tax u/s 10(23AAB)?
DOS CALCULAION ON CR SALE CASH SALE