I had filed ST3 return on 28.01.2013 instead of 25.10.2011 for the year 2011-12 (April to September). Now the ST range has sent a notice to pay the penalty of Rs.20,000 immediately for delay in filing return.
I want to know whether there is any provision or any case which i can use for not paying the penalty as our business is in loss. Now my business is in loss and i cant pay that much of penalty.
Please help me there is any way for not paying the penalty.

I am teaching in the Jr. college. My job is permanent in goverment granted college, timings in the afternoon. I cleared my CA final just now. I want to start practise at home. I dont have contacts. what type of work I can do? How I can proceed.

THANKING YOU.

Dear Sir/Madam,
I am a professional and my TDS is deducted from my fees @ 10%. My annual tax liability exceeds Rs. 10000/-. Please tell me should I pay advance Income tax also along with TDS? Waiting for your early reply as due date is 15th sept.

We are manufacturer of plastic moulded item and at present our unit is not registered with excise dept.We will cross the turnover Rs.90 lacs in near future,but under our expantaion plan one machine we are going to purchase during next week.Pl.advice that can we take cenavat credit on this machine purchase when we will get the ECC no. ?

Thanks,

Can anybody tell me about website which gives relationship of doller n Rupee from year 2007 to till date.
I wanted to know doller rate in year 2007/2008/2009

INITIALLY CAPITAL GOODS PURCHASED WITHOUT EXCISE DUTY AND NOW WE WANT TO SALE THIS CAPITAL GOODS AFTER USE (I.E.AFTER 2 YEARS), WHAT EXCISE DUTY IS PAYABLE ON THIS? ( NIL OR ?)

Dear Friend, I am pasting my resume here. Kindly help in arranging my profile in proper manner and do the needful changes. I would highly appreciate your afforts

Regards

Manoj Singh


Resume

Manoj Singh
E-mail:
Phone no: (M)

Objective
I seek to utilize my knowledge of the finance and supply chain sector, enriched by years of experience in this sector, for the further growth of your organization. I would like to state that, I have done my MBA with a dual specialization in finance and Marketing.

• Key Skills:
• Knowledge of accounting principles.
• Experience in company Accounts and MIS.
• Basic Knowledge of Excise, TDS, Service Tax and Income Tax.
• Basic Knowledge of ERP based computerized accounting system.
• Good working knowledge of Microsoft Windows like MS-Excel, MS Word etc.
• Good written & communication skills in English
• Purchase Accounting, Accounts Payable, CAPEX, PO, GRN, form 38, C Form, sales tax, Vat, TDS, Excise, Transportation, Payments, Service Tax
• Issues & collection of ‘C’ forms and tracking of the same

Professional Qualification

• 2004-2006 MBA in Finance and marketing with 68% Galgotia’s College of Engineering and Management, Greater Noida, Uttar Pradesh

• 2001-2004 BBA in finance with 66%, CCS university, Meerut, Uttar Pradesh

Employment Details:
June 2011 – Till Date: Since June 7th, I am working with ABC Ltd as an Executive accounts. My profile includes:
 Handling total accounts payable process in ERP.
 Checking Vendors Invoices in line with the Purchase Order, Data entry, matching and coding of invoices
 Bill Passing as per purchase Order terms and Matching Total receipts for Jubilant Life Sciences Ltd
 Reconcile VAT ,Excise ,CST, Service Tax, TDS, Transport order pendency.
 Review and verify the accuracy of the journal entries and accounting classifications
 Maintaining & disbursing Supplier, transporters and statutory payments as per terms and process accounts payable checks, Raising Debit/credit notes and to dispatch parties on monthly basis
 Age-wise analysis of Debtors & Creditors / Preparation of monthly pending payment list of suppliers along with reasons, Undertaking invoicing and allocation of payments
 Prepare analysis of accounts, monitor accounts to ensure payments are up to date, resolve invoice discrepancies, vendor file maintenance, correspond with vendors and respond to inquiries, produce monthly reports, assist in month end closing
 Good Understanding of Trial Balance, Income Statement, Cash Flow Statement and Balance Sheet.
 Reconciliation of physical inventory versus systems Inventory on monthly basis
 Experience of Transportation, Posting transporter vouchers, Transporters payment as per terms, Transporter Pendency.
 Expense booking, Adjusting (Goods in Transit), Knowledge of preparation of purchase order, Evaluation of suppliers, Order placement and timely delivery of material at defined location, Dimensions Maintain, Batch Finalization & Purchase Posting. Knowledge of preparation of purchase/Sales receipt, day to day recording of store material receipts and consumption. Knowledge of receiving materials, proper stocking, and recording of receipts in stores. Knowledge of issuing materials as per the issue slip for different works.

 October 2009 – March 2011:
I worked with Trustline Securities Ltd as a branch head and research analyst.

 January 2007-Mid-June 2009
I worked with “iSOURCe.” as team leader and principal research analyst.
 Jun ’2006-Jan’07
I worked in the capacity of a Sales manager with India bulls Securities Ltd

 Internship Projects:

 Lease Financing (4 months onsite project in HCL Infosystems Noida(Under the supervision of Mr. Manish Sharma / Senior manager - finance)
During mandatory requirement as part of degree program, I worked on addressing following questions: How Does HCL finances its Computers and what kind of benefits customers and company do get through lease financing? We also studied the kind of remedies available to aggrieved party if customers or company make a breach of contract.

 A detailed study of Areas of Investment of Hindustan Computers Limited (4 months onsite project HCL Infosystems Noida (Under the guidance of Mr. Alok Sahu / DGM - finance)
During MBA as a part of summer internship program, I worked on understanding following questions: Where does HCL invest its surplus money? What kind of risks are involved in that investment and emergence of profits to the customers and company via this investment.

Technical Skills:
 Applications : Microsoft Office; Excel: 2007
 Software : Baan ERP, SAP ERP, Tally-7.2
 OS : Windows-98/XP/ Vista, 2000

 Achievements:

 I am awarded British English Certificate for listening, speaking and writing by a learning centre affiliated to CAMBRIDGE UNIVERSITY.
 NCFM certified by NSE for equity and derivatives
 Certified by NSDL for training program on Depository operation nominated by India Infoline Ltd

Personal Information
Name: Manoj Singh
Father Name: Rukmesh Singh
Date of Birth: 7-July-1984.
Address:

my ipcc registration has expired today ...im planning to continue my ipcc exam from Nov 2014....so wen shud i re - register ? Also i want to inform that i hav migrated to another state....so wat is the procedure?

Hello Friends

Can anybody resolve me the following queries in case of gift of shares:-

1) what will be the value of stamp paper to be executed on Assam in case of number of shares are more than 10 lakhs and the face value is Rs 10.

2) Since the consideration is nil, and the revenue stamps are to be affixed @ .25% on consideration amount, how can we calculate the revenue stamp duty.

The matter is really urgent, if anybody has come across such matter, kindly suggest.

Advance giving for advertisement expenses if it is current asset or we can enter normal expenses please give a complete entry for this

Thanking You

M Syed Abuthahir

Accountant