Can individual deduct his expences from his income at the
time of his returns? Any scop is ther in Form 16A to deduct
the expences from income? Which kind of expences is allowed
to deduct in Form 16A?
Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V
1)How to calculate HRA in Income tax 2)Kindly give me Item list applicable for Tax deduction with their Amt limit and section (Ie Lta,grautity)
What are the various forms used for VAT?
How tax deduction at source is deducted
From Karnataka,while sending material out, which are all the states required Form 38?
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
Under DVAT ABC is a "company" which has taken contract from Delhi state govt department and subcontracted part of work to XYZ. Where ABC is under composition scheme and XYZ is under normal scheme. Govt deducts 3% WCT from payment to ABC towards vat.Whether subcontractor is liable to pay WCT vat on his turnover though the main contractor has already discharged tax liability on entire turnover? What is the mechanism ?
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
is provision for bad and doubtful debts an operating cost?
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
COST OF ASSETS 250000 ACCUMULATED DEPRECIATION 115000 SELLING PRICE 137500 PASS ENTRY FOR THE SALE OF ASSET.