What we mean by MAT Credit Entitlement ???


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What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

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WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.

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My question is that if only 20% amount of lic is elgible in one financial year for tax exemption, than one time instalment in lic is elgible for tax exemption ?. for suppose i invest 25000 Rs. only one time in lic.pls. tell me it is elgible or not.

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Goods sold outside the state at rs 300000 excluding 2percent CST I want solution with journal entry

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What is Advance Payment of Tax?

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What is the meaning & definition of "THRESHHOLD LIMIT" in TDS?

8 Answers  


Dear All, My query is related to capital gain on house property. If a pair of husband and wife have four houses in joint name comprising three residential house and last one is commercial property. Now question is that if they sold all property for Rs. 1.00 Crore and took a new residential property for Rs. 1.25 Crore. So are they eligible to full tax exemption u/s 54 and 54 f and they had to not pay any amount of Income tax? And they have also taken a Rs. 25.00 Lacs housing loan to invest the last one. So are they can take deduction u/s 24B and 80C as well? Please note that they have all property in joint name and share is 50% of each. Please guide me for this.

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our Consinor Vat rate @14.5%(revised rate) In pujab , is the same rate applicable in A.P. Ex:I have billed 10 auto tubes each @ 120/- = 10*120=1200 + vat 14.5% = 174 total bill value Rs.1374/-...can we collect 14.5% vat or 12.5%(in A.P.) vat from customer..

2 Answers  


From Karnataka,while sending material out, which are all the states required Form 38?

0 Answers   AT&S, ATS,


what is the size of balance sheet ?

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what is GST? please guide us? what is the rate liable for GST? and when GST is applied?

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i want know central excise duty codes with cess?

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