I want to start new contract in works contract services (painting works) in mumbai ,I have my cst and VAT registration from UP.
For this contract I have to purchase paint material from mumbai and execute the contract in mumbai so i want to know that can i execute this contract with my CST number and no additional vat registration required in mumbai . and I pay my all taxes from my CST number registered from UP. Kindly suggest me for this

My daughter is now NRI, She has NRE bank account in SBI. and her original bank account in other bank. Also other bank account is attach with their share dmat account. My quire is should she hold ordinary account and share dmat account in other bank or she has to inform all the related institution about their NRI status.
Hasmukh

is tin number registration similar to e registration of vat under ctax website in karnataka.

Hi,
I filled FORM 1A and given my ICAI membership number in specific column provided for . I clicked pre-scrutiny button , its shown "no error". While uploading the same it shows "Prescrutiny error - membership number invalid". Experts Please guide me to rectify this error. My M.No.228786 and its correctly got filled

Respected Sir,

A company is going to take the finance round about 8.5 CR Cash Credit and 2.5 CR Term Loan From Bank of Baroda.

As per discussion with Branch Manager of BOB, they decided to increase Authorised Share capital round abount 1.5 Cr. instead of Unsecured loan as quasi capital. At present Authorised capital of company is 0.82 Cr.which would be incresed 1.5 Cr. So, Total = 2.32 Cr.

My question is what should be Stamp duty for increase in authorised capital of company and it depends on incremental or Total Authorised share capital ?

Another question is instead of increasing authorised capital, whether we can go directly to increase unsecured loan keeping as quasi capital ?

Plz give me perfect answer as early as possible

Hi!!

My client incurred a loss of Rs 3 lacs from share trading business on turnover of Rs 25 lacs. He has an other income of Rs 8 lacs. Whether he has to get his accounts audited u/s 44AB and 3 CD has to be filed?

Pls confirm.....

Can we file manual income tax return for the same. This is pertaining to AY 2013-14.

Thanks & Regards

Dear Members,

Running private school since 18 months in Andhra Pradesh

Still now we did not pay any tax.

What are the taxes to be paid by school

Did not hire any accountant/consultant
in this regard.

What are the mandatory taxes to run school successfully.


Please enlighten us

Thanks in Advance

I am aCA Final Student doing Articleship. During my Articleship period myself completed B.com. For this i obtained permossion from institute. Now i wish to join M.com and CS. Is it possible to join both the course at the same time. Is ICAI grant permission for join these two courses?

How will the Cost of Acquisition & Capital Gains be calculated for a Property if a person has bought it in 2011-12 taking a Bank Loan for 20 years & sells after the Loan Repayment period is Over i.e. in 2031-32. (For Simplification purposes , let's just consider that entire Property bought solely from Loan amount)

Details -

1)Loan Amount - Rs. 50,00,000
2)Tenure - 20 Years
3)Rate of Interest - 10 %
4)Monthly E.M.I. - Rs.48251.08
5)Property sold at Rs. 3,30,00,000 in 2031-32

1)Filling of Form - 29B (MAT Credit) required to all Companies or Not ?
2)Last Singing Date of Form - 29B
3)Who are responsible for filling Form - 29B assesse ya CA