Sir,

I am working for an S/W Company 100% EOU, registered under STPI & Service Tax, we have 2 units (1 Opend recently), I want to know what is procedure for caliming credit on Input Service of newly opend unit.

Sales Billing is centralised (2nd unit registration of Service Tax not required)

Please guide me

Shares transactions are done through out the year. The assessee is a salaried employee. Sale of shares during the year exceeded Rs. 1 crore. Should the assessee go for tax audit. Whether the I. T. Dept. can say that dealing in shares is his business and not his investments.

hi all
if i received any subscription from any no profit organisation supose he gave me a weekaly magazine.Is there any TDS, I deduct the payment as a tds or what treatment should i do

Can u provide me with new amendmend in above mantioned sections.

I have a difficulty
My sales are not liable for VAT...ie., Mine is a hotel industry and have income by way of room rent. I purchase materials for repairs and materials & other items which I pay input VAT....
As I have to file the VAT returns which is mandatory in maharashtra...it shows the sale and also the purchase items in the vat return.As I am not liable for VAT on output....I dont pay any VAT. But the Input vat is shown in the return based on the different purchases. It shows the Input credit and also in the subsequent return it shows as unutilised credit from the previous period. I think it should show as NIL or NA as I am not liable to pay any VAT on sales, I wont get any vat credit and hence no set off or carry forward also.
Please let me know how to solve this problem.
Regards
Avinash

When we use form c AND form 31 and what is the impect of this if we forget any of these. is there any relation between form c and form 31.please explain it with practical

Iam willing to do ACCA course of UK.Is there any chapters in India ? Particularly in Chennai or Bangalore ?

Thangaraj-Coimbatore

Is works contract tax credit is available against VAT as per act

Dear Sir,
I'm Rakesh and I want to know that recently i'm going to join a new firm. The firm's main office is situated at china and regd. office is at Delhi,I have to work as Finance Executive there, so from china all the accounting work will be done
I have to manage all accounts payable in that & to check some documents like Bank statements and payment request.
I just want to know what is accounts payable and the documents involved in this subject.Also want to know TDS formats. Please guide me JHA SIR.
My email id is : rakeshmishra_siemens@yahoo.co.in

THE COMPANY REDEEMED PREFERENCE SHARES SHARE AT A DISCOUNT OF 10%, (ie) RS 90 (FV 100), BY FRESH ISSUE OF EQUITY SHARE AT RS 100. HOW WILL COMPANY ACCOUNT RS 10 PROFIT (ie)DIFFERENCE BETWEEN RS 100 & RS 90? IS IT RIGHT TO RECOGNISE IT IN P&L? IF NOT WHERE?