Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


whether sales tax can be levied on pre operative expenses



whether sales tax can be levied on pre operative expenses..

Answer / navanit

no , sale tax is levied on sale only. the operative expeses
is not considered as sale. so no sale tax is levied

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Law AllOther Interview Questions

If an appellet court bases its opinion on something that was not factual can objection be entered asking for reconsideration

0 Answers  


standard form of contract is a protection available to consumer from explitative sweeping clauses?explain.

0 Answers  


Sir, I request you to please solve my problem as given below- One Corporate is having Manufacturing unit and Trading unit also. That corporate prepared joint Balance sheet & Profit & Loss account. As given below - Corporate 1 2 Manufacturing Unit Trading Division Annual Profit by sale of product Annual profit by sale of Product Manufactured with the help of out sourced from open market for Fixed Assets ( Land,Building,Plant & Rs.150 Crs and sold for Rs.200Crs. Machineries of Rs.100 Crs. Net Profit – Rs. 5 Crs. Net Profit -Rs. 50 Crs. Total Income by clubbing both - Rs.55 Crs. But – that Corporate can avail depreciation Rs. 5 Crs only and rest amount of depreciation may be forwarded to next year. Because depreciation is meant for actual uses of Fixed assets. Otherwise Corporate used to increase the value of assets by over billing just to get benefit of depreciation from the income . Income from trading may be manipulated easily but not from manufacturing.

0 Answers  


can i change the jurisdiction of assessing authority of the dealer

0 Answers   ABC,


IF COMPANY DENY GIVEN GRATUITY TO EMPOLYEE THAN EMPLOYEE THAN EMPLOYEE ANY WAY TO COLLECT GRATUITY ?

0 Answers  


Diffrent sportsmen are endorsing diffrent products and they have endorsement agreements for this. Now at what rate the tds should be deducted by the company on the amount of payments msde to sportspersons for endoresements?

0 Answers  


I belong from Other Backward Class Category I want to Purchase land of ST category Man . What is Process. ? Please tell me.

0 Answers  


Why are some professions exempt from Jury duty?

0 Answers  


Can we take input on Service Tax on Certification of Proffesional fee of ISO 9001 when we have manufacture unit & also having service tax registration.

0 Answers  


lost my refusal letter issued by UK Embassy, can any one help me how to get the duplicate refusal letter from the Uk Embassy.

0 Answers  


The word 'collegium ' was first used by Justice bhagwati Justice subba rao Justice bose None of the above

1 Answers   Delhi University,


Who has the power to write and change laws?

0 Answers  


Categories