How should the personal assets of a salaried employee be shown in his books of accounts ?
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A person somehow gets hold of an extraordinary rare bird, keeps it as a pet for two years and then sells it off. Will related profit be taxable as capital gain?
What is the TDS . and how can we identify this is TDS Deductable or not.
how to calculate the TDS?
4 Answers EXL, Greet Technologies, MCC,
Hello Sir, If A is purchased Excise Duty paid goods i.e. H.R.Sheet. He want to sell the same as vat bill without excise. It can be possible.
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
WHER ISFORM D2 USE.
SIR, I HAVE SOLD GOODS FORM FARIDABAD TO MUMBAI ON 2007 AND PARTY HAS PAID MY INVOICE VALUE AND NOW WE ASK FOR C FORM , THEY IGROGE TO PROVIDE C FORM AND SAY WE HAVE PAY YOU YOUR INVOICE AMOUNT. SO HOW MUCH PANELTY AMOUNT SHOULD SALESTAX DEPARTMENT WILL CHARGES FROM US IF NOT PROVIDE C FORM. PATY ALSO SAY TO TEL US PANELY AMOUNT ? THEN THEY CAN GIVE PANALTY AMOUNT BUT NOT C FORM ? please reply soon
IF I HAVE RECEIVED 75000 LEAVES ENCASHMENT TAXABLE OR NOT TAXABLE PLZ TELL ME
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