We had tax audit in our tour company. After examination of
our tax account they have given us out standing tax
liabilities in two type (1) corporate Tax (2) Vat. Now
question is that in which ledger these liabilities will come
and how should I pass entry for both in accounts. Kindly
request to you please answer me
'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.
is there any specific percentage related to lower tax
deduction under tds
We don't have PT, s.tax registration. Our firm is 7 years old.
If we want to register, what should we do? Any body can help.
what is the procedure for Excisable goods transfer from Head
office to branch and vice versa (the branch is located in the
same state) also if the branch is located in other states. How
will it affect the VAT returns
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
Is there any change in the section 80DD for the financial
what is the entry tax explain briefly?
we are getting materials from outside the state and issuing
form c to a local party, since the local party is consignee
agent of party who sends the materials. what is name this
type of transaction? is issuing form c correct and proper?
how to creat e-vat return in tally
What do you mean by vat, vat registration total cost hydra bad
in which places
when firstname.lastname@example.org% is charged from the vendor. How much TDS has
to be deducted against it??
What is the due date of P.Tax return filing for Staff?
Yearly Tax amount with Rs. 30,000/-
interest paid to bank rs. 15000 in connection with overdraft
obtained for paying dividend.