Anonymous
06 June 2014 at 20:31

About sec 40a(3)

if any payment made above 20000 for capital expenditure.Is this allowable or not u/s 40A(3)


MANAN VORA

Dear All,

We are manufacturing company in Gujarat.We have depots outside Gujarat i.e. in other states.We are transferring stock to depot as Stock Transfer and Depots are selling material onwards.

Now the question is the ITC Disallowed due to Branch Transfer and OGS Sale will be part of Production Cost.

When we will do valuation of Finished goods,whether it will be part of cost or not.

Thnks.


Manek Amit
06 June 2014 at 20:11

Clubbing provision for minor

It is given in S. 64(1A) that clubbing provision is also applicable for Minor Married Daughter.

My question is
When Minor Married Daughter is earned from money given by her husband, whether income of such minor will be clubbed in the hands of parents or her husband.


Ajay shivnarayan pandey
06 June 2014 at 20:11

Lc,lg and cc,od,ca etc

Pls tell me difference between lc and lg,cc and od,ca ?


@kmerchant
06 June 2014 at 20:04

Audit guidance notes

Sir,
"Are statements and guidance notes issued by the ICAI mandatory or recommendatory for audit purpose."


priya meher

On 06-Jun-2014 7:14 PM, "priya meher" wrote: I have received a letter from the institute on 9-04-2014 regarding provisional admission for may 2014 exam. . And in my admit card also it is written provisional addmited in the status. So I wants to ask u that what I have to do... Whether I have to send any form or letter to institute..


Ankit Jain
06 June 2014 at 18:39

Vat and service tax on lease


I have a client (A) in Delhi who has a customer (B) in Haryana. B has a Factory in Haryana which requires Hydrogen Gas for its manufacturing activities.

A shall invest and manufacture the Plant in Delhi or Noida and install the same at B's Factory in Haryana. The Plant will generate Hydrogen Gas. For the production of Hydrogen Gas, A will supply Ammonia which is a Raw material to produce Hydrogen. B shall use the Hydrogen for its manufacturing activities.

A's technical team shall maintain and operate the Plant at B's Factory.

The Ownership of the Plant will be with A, however B will have the right to use the Gas.

A will charge B Certain Amount as Lease rental calculated on the basis of the amount of gas used by B which will be recorded by a meter reading in cubic meters (say 100 cubic meters)

I want to know the VAT and Service Tax Implications on the above transaction.



Anonymous
06 June 2014 at 18:38

Tds deposit by a 3rd party

Dear Seniors,

Can a TDS liability for a particular month of ABC Co. Ltd. make deposit by a third party (Any individual, any Company & any group Company) from their bank account. If yes, is it attract any problem from any point of view.


Ankit D. Jain
06 June 2014 at 18:20

Applicability of cost audit

Dear sir & friends,
please tell me someone what is cost audit limit to a manufarturing pvt. ltd. company.At which amt. of turnover and net worth exceed the limit which require compulsory conducting cost audit for manufacturing company and,
what is the time limit to conduct cost audit and
which audit is 1st conducted means cost audit 1st conduct than income tax or income tax 1st..


pundalik mane
06 June 2014 at 18:04

Cs student

hello cci expers, I would like to know that can cs student join internship with ca firm. kindly advice me as soon as possible. thanks very much.






CCI Pro



Answer Query

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details