Amt.paid for consumable debited to repair & maintenence account? Can VAT credit be taken or head is req. to be changed frm repair & main. to consumable.

I SAURABH AGRAWAL REGISTERED AS AN ARTICLE ASSISSTANT ON 28TH DECEMBER 2007 AFTER PASSING CPT.I NEED YOUR EXPERT OPINION WHETHER I WOULD BE ELIGIBLE TO APPEAR IN PCC EXAM GONING TO BE HELD IN june2009....

THANKING YOU
SAURABH AGRAWAL

Hi there,

I have one query regarding MAT calculation for software company registered with STPI. We have 100% export. We bought an office worth 70 lac & computer worth 5 lac. If we have Book profit ( before tax & depreciation) of Rs. 15 Lac. Depreciation on office is Rs 7.0 lac & 2.3 lac for computers. The net profit after depreciation comes out to be 5.7 lac. Now pls. let me know.. how MAT will be applicable? WIll it be 10% of 5.7 Lac (profit after depreciation) or 10% of 15.oc lac (Book profit before tax & depreciation)..? I am tottaly confused

Dear Sirs,
i would like to know if i paid tds challan under non company deductees including company deductees so that when i fill return can i mention them separately or not?

Dear Sirs,
i would like to know if i paid tds challan under non company deductees including company deductees so that when i fill return can i mention them separately or not?

Dear Sirs,
i would like to know if i paid tds challan under non company deductees including company deductees so that when i fill return can i mention them separately or not?

Whether TDS need to be deducted from Work contract tax value included in gross value of work

For Exp: If a civil contractor renders service worth Rs.1.00 L and billed to including WCT Rs. 1.04 L.

Whether the contrctee needs to deduct TDS on Rs.1.04 L or only Rs.1.0 L ?

We have printed 700 invitation cards and vendor Raised a bill for Rs, 65000 (exclusive of taxes). in this case we have deduct the TDS as per Govt. Norms or not.

We have printed 700 invitation cards and vendor Raised a bill for Rs, 65000 (ixclusive of taxes). in this case we have deduct the TDS as per Govt. Norms or not.

we are a manufacturing concern & we have huge balance in Excise Account ( RG 23A Part 2) & Incresing on year on year.

Is any provision in excise low to have a refund of the said balance (in full or Partial).

Requested to give me section with procedural aspect.