Answer / Pratik Kumar

The interest paid to the bank for rs. 15000 in connection with an overdraft obtained for paying dividends may be considered as a deductible expense under certain circumstances, subject to the Income Tax Act provisions. However, it's advisable to consult with a tax professional for accurate information.

WHETHER WE CAN REIMBURSE SERVICE TAX?

2 Answers  

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assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose

1 Answers  

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what is procedure of calculation of TDS by bank?

1 Answers   IBPS,

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If seller sale exempted goods outside the state then "c form" is necessary or not?

1 Answers   Infosys,

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I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.

1 Answers  

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The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.

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what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement

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F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?

1 Answers  

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what is the latest percentage of work contract service Tax with Edu cess

2 Answers  

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Can anyone please tell me how to account TDS RECEIVABLES. (In Receipt entry is it possible to show the break up of TDS deducted & balance payment recd in single entry

2 Answers   TATA,

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Procedure to file TDS Returns?

0 Answers  

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Excise Duty is a tax and CST is also tax then why CST on excise duty while calculating to arrive total value of supply order?

2 Answers  

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