Answer Posted / sohail

1)
security charges a/c......................395926.........Dr
vehicle maintainance a/c..................5000............Dr
Mobile Charges A/c........................1300...........Dr
input service tax A/c.(402226*12.36%).....49715..........Dr
Tds output A/c.(402226*2.266%).............9114...........Cr
Party A/c.................................442827..........Cr

2) If every fild adding service tax & No input is there
security charges a/c......................444862.........Dr
vehicle maintainance a/c..................5618...........Dr
Mobile Charges A/c........................1461...........Dr
Tds output A/c (451941*2.266%)............10241.........Cr
Party A/c................................441700..........Cr

What is Form 12A & Form-H and where is applicable.

4645

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Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.

5413

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Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1903

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what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it

2277

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Which is the section or rule for non submitting c forms panelty and interest

2027

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Please some one tell me what is the VAT or WCT rate for works contract at Tripura

2523

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if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?

1910

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Define deferred tax liability? What items come under deferred tax liability?

1169

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What is the date of depositing entry tax and submission of return?

2393

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Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?

1965

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WHAT IS THE DEPREATION RATE FOR COMPANY, EXPLAIN DETAILD WITH EXAMPLE & ENTERY , PLEASE GIVE ME THE DETAIL OF IT ON MY E.MAIL sonidilip87@yahoo.com

2122

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Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.

2047

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treatment of Service tax and TDS

2034

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Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1921

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please tell me friends what are the formats of excise return and vat return?

2152

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