How to Calculate Bonus ?

i came across 2 different aspects regarding service tax while finalisation.. plse help me to understand the same..
one company treated service tax A/c under duties & taxes under current liability & also claimed service tax credit which they have collected on purchase bills to be set off against their ST liability.. & if any amount remain to be claimed they pass it on to next month for set of agnst that months liability
2 nd company
they created service tax under indirect expense A/c & their collection of ST i.e. on purchase bills shown in final accounts as indirect expense in p & L A/c as thier debit amount exceeds their credit i.e ST payable by them in debit notes raised by them...
i dont understand treatment given by 2nd company as their accountant told me that ST is indirect expenses but i think they are showing ST as expense ( & not taking benefit of credit ) to reduce the profit .. plse help me to understand the same

what is mean by disallowance under income tax act?

'X' sells a land to 'Y' on 2007.Y has no right on land at all.He has to find a buyer, who is ready to buy a house property on the same place.Then X will ready to construct a building on that area and Y will sell it.25% profiy belongs to the seller means 'X'.I want to know that the initail transaction ( X to Y) attracted by Capital Gain Tax.

is cat score is eligible for 2 academic years ?

dear all,
could any expert guide me how to pay consolidated stamp duty. the case is ABC Pvt Ltd acquired 100% stake in PQR Ltd.
the share transfer form is already signed by transferor favouring transferee.
since it is Tranfer form is already signed bank will not accept / frank stamp duty.
then how can i pay the stamp duty.
the only possiblility i think is consolidated payment. then can anyone guide me about process to pay consolidated stamp duty with compounding penalty or interest.
it is very urgent...

is tds is applcable on SUPPLY OF TRANSFORMER WITH OIL & STD FITTING 200KVA

hi

Can sombody tell me about

As per PF act due date of Pf is 15th of the next month. there is also provision of 5 days grace period. Accordingly pf Due date is 20th of next month. can the grace period in Pf is also covered in Income tax act.

or
does Pf deposited after 15th make employees share disallowed.

Please also give me that section or circular date in which it is written

Thanks in advance

Hello friends,

Suppose I wish to show all my trading gains/losses under the head capital gains and that I have the following Information for Opening stock, Purchases and Sales in MS Excel:

Dates of purchase/sale, Quantity and the total amount.

We know that as per CBDT circular we are supposed to determine whether the transactions are long term/short term on FIFO basis. This will significantly affect the tax implications..

My question is how I can find out whether the transactions are LT/ST based simply on the dates and quantity. I want to know if the process can be automated in excel or any other software. I have been trying to find a solution for quite some time and cant find any formula or method in excel...

Thank You

can somebody plz tel me the entry which envolves both nominal a/cs..no adjustment entries plz..