Dear Sir/ Madam
What is difference between Sale Return and Sale Rejection. As far as i know when goods return within 6 months of sale for Repair or replacement. and then goods sends through Challan bases then this return of goods will be considerd Sales Tax Return and When goods return either after 6 months of sale or not for replacement then it would be treated as sales rejection. if no then plz explain?
Thanks in advance
Respected Sir/ Madam
We have sold goods to our party in oct 08 but now in Oct 09 they have return our some material.so (i)So How to treat such entry. Should we have to revised our sale Tax Return of Oct 08, but it is difficult because to Income Tax related balance sheet also get effected from that? Plz Tell me what to do?
Thanks in advance
My uncle had 2 residential properties.He sold both and purchased a new one out of the sale proceeds of the two.
Whether he can claim exemption in respect of LTCG arised from sell of both residential properties?
Please mention the case law on which to base our report.
Thanx in advance to all,,
please its urgent
What things should be in mind related with the acounting of an exporting company which made only one shipment.
have any special registration procedure for export company ??
how can account a subsidy in the form of import licence which is not needful to the company and can sell the same with a broakerage.
Thanks in advance for your useful reply.
Thank you.
How long a company is required to maintain all records relating to shares i.e. share transfer deeds, register of members etc. Pls help asap...
WE ARE DISTRIBUTOR OF PETROLEUM PRODUCTS.WE ARE MAKING MONTHLY PYT OF VAT.LAST MONTH,OUR ACCOUNTANT HAS WRONGLY ENTERED PURCHASE FIGURE IN VAT-16.INSTEAD OF WRITTING LOCAL PURCHASE AS 650000,HE ENTERED IT AS 660000. HE ENTERED CORRECT INPUT VAT IN FORM. WE HAVE DEPOSITED THE FORM LAST MONTH. CAN WE CORRECT IT NOW. I HAVE TO FILE QUATERLY VAT RETURN.WHETHER SHOULD I WRITE CORRECT FIGURE OF PURCHASE OR INCORRECT FIGURE (AS SHOWN IN VAT-16) IN QUTERLY VAT RETURN.
dear sir/ madem
i was drafting a deed for an home appliances firm i wanted to know that what shall put in Nature of business clause in drafting the deed
WE ARE CARRING AND FORWARDING AGENTS(FIRM) OF PETROLEUM COMPANY.HERE, THE ACCOUNTANT IS WRONGLY PAYING SERVICE TAX ON BILL RAISING & NOT ON RECEIPTS.DUE TO THIS,WE HAVE MADE EXCESS PYT OF SERVICE TAX OF Rs 27000 LAST FINANCIAL YEAR 2008-09.WE HAVE ALREADY ADJUSTED THAT EXCESS PYT IN THIS QUARTER.WE HAVE NOT BEEN ABLE TO INFORM COMMISIONER WITH IN 15 DAYS..I HAVE ALREADY SUBMITTED THE RETURN AND SHOWN THAT EXCESS PYT IN RETURN.WHETHER ANY PENALTY WILL BE IMPOSED ON US AND WHAT ARE REMEDIES BEFORE US.WHAT SHOULD I DO NOW.
Respected Sir/Madam,
(i)Form "I" is required for exemption from CST when buyer is Located In SEZ(Special Economic Zone. Is this Form "I" is still Relevant? ii) Is any form is required for Exemption of Excise Duty when buyer still located in SEZ? (iii) and When Saler is located in SEZ then he needs to charged CST and Excise Duty if no then How? Thanks in Advance
6 days Certification Course on GST Practical Return Filing Process
Difference between Sale Return & Sale Rejected