Answer Posted / sindujaramkumar

long term capital gain:
long term capitalasset are those which are held for more
than 36 months preceeding the date of transfer in case of
non financial asset like land,building etc


financial assets: in case of this the asset should held for
more than 12 months months preceeding the date of
transfer.it includes security,shares and bonds.
the gain which arises from this is called the long term
capital gain.

short term capital gain:

short term capital asset are those which is less than 36
months in case of non financial asset and less than 12
months in case of financial asset the gain which arises
from this is called short term cap gain

procedure to get Raw Material free of excise duty under Central Excise Act,

1895

---

can we purchase software agaist Form under In the telecommunications network; or

2345

---

What are the excise duties in our state?

2562

---

what is the difference between vat return and return for remittance on value added tax.

2816

---

when charges PURCHASE @ 12 % TAX RATE ?

1955

---

I have some queries about Service Tax, I am working in a Insurance Broking Company. 1) We have raised one bill on 25.04.09 for the services provided by us in the month Mar, 09 Now We received the chq on May, 09 followed in the Month of June,09. When the service tax is actually payable in the month of received of Service tax amount or in the month of services actually provided by us (Mar09) 2) Can we take 100% credit of Service Tax Input paid to those who provided services to us. Suppose Service Tax payable is Rs. 100/- and Service tax charged by the other firms/company Rs. 80/-. The question is That can we deduct Rs. 80/- (already paid). Now Net ST payable would be Rs. 20/- or other percent of service tax input is available 3) What is the rate of interest for Service tax if not paid on time. Pls help me out asap

2240

---

What is excise & service tax?

1141

---

what about WCT (Work Contract Tax)

2111

---

can i adusted our vat credit in W.C.T. payable?

3630

---

I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

2157

---

IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

4724

---

What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)

1965

---

I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.

2052

---

Who advance tax is the asset for company? What are the accounting entries of advance income tax

1930

---

which items should be covered the Entry Tax by HP Govt instead of Purchased

1970

---