For the only purpose of partial repayment of home loan of son, wife transfers fund to her husband's savings bank a/c.Then the home loan of son is repaid from husband's a/c Is there any involvement of incometax to husband.

achyut bhalerao

For the only purpose of partial repayment of home loan of son, wife transfers fund to her husband's savings bank a/c.Then the home loan of son is repaid from husband's a/c Is there any involvement of incometax to husband.

achyut bhalerao

This is regarding a Iron & Steel delear in Hyderabad, Andhra Pradesh.

All the dealers in Hyderabad are charging VAT on labour (Loading) charges & Transportation as follows.

Tax Invoice

1. MS Sheet 1000 Kgs @ 30.00 = 30,000.00
2. Hamali 30.00
3. Transportation 150.00
Sub Total 30,180.00
VAT @ 4% 1,207.20
Round off -0.20
Total 31,387.00

My query:

1. Can VAT be charged on hamali (loading & unloading of Goods)at the shop or godown?
2. Can VAT be charged on the transportation of the goods on a local vehicle?

Note: The charges are actuals as paid to the labourers & the Vehicle drivers/owners.

All the dealers are preparing the invoices in the same format. Could you please resolve the query with relevent rules for the VAT act.

Pls tell me how to generate purchase order in tally 7.2 version??

PLease forward me imp questions of MICS paper.

Can we pay remunaration to Independent director of private company.. and upto what limit. please reply at the earliest.

Dear Sir,

This is Vinod KUmar, I want to know that we wish to continue our excise invoice serial numbers to be continue as our software controlls from russia.

Please tell me if this is possible and under which notification.

Can u let me know any of the source where i can work and get money while working 2 to 3 hours of a day..

Not looking for a Easy Money or huge money. Looking for a trustworthy source and a moderate amount thats it..

how to find the exemption undet section 10 , income from salary, tel me the proceger and rete of percentage.

WE ARE A DEALER BASED IN DELHI. SINCE MOST OF PURCHASES ARE DONE WITHIN DELHI AND ALL OUR SALES ARE INTERSTATE, WE ALWAYS END UP SEEKING A REFUND OF INPUT VAT. I WISH TO BE CLARIFIED WHETHER WE MUST NECESSARILY PAY OUR CREDITORS WHO HAVE CHARGED VAT IN THEIR INVOICES BEFORE CLAIMING REFUND? SUCH A POSITION IF I AM NOT WRONG DOES EXIST IN RESPECT OF SERVICE TAX. AN IMMEDIATE OPIONION IS REQUESTED