i m doing industrial training in transfer pricing area. hows is future prospects of this area?

My Question is.As we can take the benefit of input vat as a credit againist the out put vat,whether we can take input credit benefit on stationaries purchased,& other non trading items for which we have paid vat.

In a retail business, it is a common practice to issue goods at free of cost along with other items of sale. I want to know what should be true accounting treatment one should adopt in an ERP set up retail chain?

Some retail houses are showing as sales at cost prices and the corresponding value are also shown as sales promotion. Since purchase is already booked so effectively the loss is also booked. A retail house is transfering the items at zero value and simply showing as sales promotion by crediting purchase.I find the second treatment is more rational, however, there may be again the question of accounting treatment of VAT in this situation. Please provide your suggestion ASAP.

Section 80C allows deduction for subscription in National Saving Certificates VIII issue and National Saving schemes 1992........I am not able to understand whatz d diff. between the two..NSC is a Post office saving schmes and same is the case with National Saving Schmes.
Plz tell me how they are related and if National Saving Schemes includes NSC then why in 80C they are seperately given.

whether brought forwards depreciation loss can be sett off against salary income of the current year ?

whether brought forwards depreciation loss can be sett off against salary income of the current year ?

whether brought forwards depreciation loss can be sett off against salary income of the current year ?

whether brought forwards depreciation loss can be sett off against salary income of the current year ?

a firm is providing cab services to several companies.and he has taken the cars on rent. my queries is that whther the firm(proprietorship) should deduct tds u/s 94C (contractor) or 94I (Rent)

plz tell me epf due date is it 20 or 15th of folowing month . it is same all over india .?

month epf paid
june 15000 on 22.07.2007
july 22000 on 08.10.2007

is it disallowed as per incme tax u/s 36 or 43B ? if us then both employees and employer contribution?