Anonymous
17 April 2014 at 10:35

Income from sales commission

Dear concern,

my income from commission is Rs. 4,67,270/- in FY. 13-14, TDS deducted by Deducter is Rs. 46,727/-, how much expenses is allowable.
Please Help.


Sourav Sinha

The process is as below:
"Raw Coal is carried to a crusher machine, where it is crushed to desired size. During crushing, some coal are broken into very smaller pieces and are called under-sized coal which are sold in market as it is. Whereas the sized coal are taken into the manufacturing process for the production of Soft Smokeless Fuel Coke and its by-product."

Ques : - Whether the process of crushing of big sized coal from where under-sized coal is screened out and sold into market as it is, without undergoing into any manufacturing process is an event dutiable under Central Excise Act?
Whether the process of crushing of coal, a manufacturing process?
Pls. reply as early as possible, supported by any related case laws and provisions of the Act.


Praveen kumar varma

Dear All

pls advice which type of tax applicable on product.

We have manufacturer of Software but we dont known which tax applicable


Regards
Praveen


Rishabh chodankar
17 April 2014 at 10:15

Duration to complete ca

what is duration to become CA after b.comm ??


Yogita Kavishwar
17 April 2014 at 10:12

Tax laws

The shares which are issued at premium is treated as income in the hands of company but why it is so?


K.Nikshitha
17 April 2014 at 09:56

Nil return

Dear Experts,

By Mistake Excise return Filed AS a Nil Return. But we have sales and purchased in last month. Last date for filing excise return i.e 31st March is also gone.

So give urgent replay. How to correct it.
Or Having any penalty?


Reply Immediately.



Anonymous

Dear Sir,

Our Plant (SIDCUL ,Rudrapur,Uttrakhand) is Manufacturing OEM parts for TATA motors or Ashok Leyland..
Our Final Product is Exempt from Excise, Income Tax, & CST by 1%, vide Excise notification 50/2003 Dt.10/06/2003

My query is that whether it is necessary to take permission from excise authority before sending the goods for job work outside the factory and what can be happened if we are sending our goods for jobwork without taking the approval from excise authority.



Sanjeev


Gurukrupa

Damand on Late TDS returns filed. The stay for late fee, but would like know the status of same.


Abhishek Kumar
17 April 2014 at 09:22

Taxability ??

Dear Sir,
Please let me know the Taxablilty status of the following :-

1. NSC Maturity
2. Interest on NSC
3. RD Maturity
4. Int on RD
5. FD maturity
6. Interest on FD
7. NSC Maturity

Pls Reply.

Thank You.


shivam
17 April 2014 at 09:22

Urban agri. land

Dear ones, if urban agriculture land is used only for agri. purpose. then is it a capital asset or not???





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