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pankaj   21 July 2011 at 15:31

Whether FBT paid written off is allowable expenditure

dear sir,
we have paid FBT for the financial year 2009-10 of Rs. 22000. now in the financial year we have written off FBT Recoverable of Rs. 22000 through Profit & Loss A/c. so sir, i want to know whether fbt written off is allowable expenses as per income tax act.

klns sarma   16 July 2011 at 17:32

KVAT Purchase of Taxable Raw Material and consumed in Produc

Dear experts

I have a question :
we are the power producers through biomass waste (such as rice Husk ,dray hay ,addiki sippi etc), and sold Electrical energy to Karnata Satate electricty Board .

my question is we are purchasing the material(from reg dealers & Unregister dealers in state of Karnataka) and consuming in our plant for generating the electricty in such case does we need to pay tax on purchases (URD /RD) and their any exemption(as in APVAT Act Sec 4(iii) .
since in karnataka we their is a tax on Rice Husk and tax on agri waste

we are paying by cheque to the seller .

kindly clarify
thanks

Anonymous   11 July 2011 at 20:09

West Bengal Value added Tax Act

Sir,
can a chart is readily available for different due dates under WBVAT ACT(as in Income Tax Act). if yes, kindly provide.


Thanks

Shubham Gupta   10 July 2011 at 22:56

Applicablity of the VAT

Dear all
Can anyone tell me the provisions in Madhya Pradesh State VAT, about sale in the house property by the devloper of the residential houses where by the Devloper/ Builder is paying the service TAx by taking the abatement of 75% of the gross amount charged

pulkit   09 July 2011 at 17:36

vat credit for capital goods

sir, please give defination of capital goods for vat credit in gujarat vat act?

Rupesh   09 July 2011 at 13:25

Regarding VAT Haryna

Respected Sir,

For VAT registration in Haryana there is Rs.5 Lakh limit in a f.y. for a dealer. Whether that limit is same for manufacturing concern or it is 1 lakh. please send me a notification if it is 1 lakh.

thanking You,

Rupesh Arora

Anonymous   07 July 2011 at 10:51

mavt-setoff admissibility

whether vat paid on repair of a.c is allowed under mvat rule when such vat paid under composition scheme.

Aman Gupta   04 July 2011 at 20:45

Sale in Transit

Dear Experts,

Please tell me that what is sale in transit in DVAT & how we put entry in accounting software like Busywin or Tally)

s.v.goplani   02 July 2011 at 17:02

Guj. Vat Act

Dear sir,
whether input on diesel used for boiler in manufacturing unit can be disallowed under guj. vat act., please advice me any judgements & notifications etc. in this regard. Thanks|

Anonymous   02 July 2011 at 14:43

Discount in sales tax

Dear ....!!!

We have purchased a plot in MIDC area but earlier company closed before 4-5 years ago though their sales tax with penalty on AY 94-95 is pending around Rs.9Lac. We wrote a letter to sales tax dept. for one time payment and clear all dues. Now we want to expand our business there so we are agree to pay all amounts. Sir/Madam we want to know it is possible to discount in same amount? if possible then same request letter write to whom? Sir/madam can you provide me the format if any available with you for seeking discount in sales tax.

Waiting urgent replies and comments on this querry.

Regards,

Sameer Sayyad
sameer.sayyad@timetechnoplast.com