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

The Company was incorporated on 15th Nov 2012 and now the Company wants to strick off its name under section 560.
The Company has not carried on any business since incorporation and is now desirous to fill an application in FORM 61.

Now my query is would it be compulsory for the Company to get its Accounts Audited ?

Service tax return for the period Oct-March 2013 UPLOADED on 30-08-2013 but the STATUS was shown as REJECTED due to some errors than after necessary corrections again UPLOADED on 10-09-2013 the STATUS of which is again showing as REJECTED with the reason that "Return for 2012-13,Oct.-March period has been already filed.Please select the correct return period"

As per service tax law:
(a)REJECTED denotes that return is rejected due to errors. (The assessees are required to correct the return and upload it again.)

(b)in case of Service tax, the assessee can revise the return within a period of 90 days from the date of filing their original return.

So until status is showing FILED it can not be REVISED.So till status is REJECTED the return is to be corrected & UPLOADED

TOTAL INCOME DURING THE YEAR FROM BROKERAGE
COMMISION RS. 340000+20000=360000.00
LESS TDS AMOUNT = 34000.00
ACTUAL INCOME = 3,26,000.00
QUESTION:-
1.HOW TO FILE THIS INCOME THROUGH ITR 4S ?
2.BL & PL ARE REQUIRED FOR THIS ?
3.OTHERS BANK TRANSACTION LIKE CASH DEPOSIT/WITHDRAWN,PAYMENT TO OTHERS FOR PERSONAL USE ARE REFLECTED IN BL & PL ?
4.HOW CAN I REFUND MY TDS AMOUNT ?

PLS SUGGEST

We are manufacturing Boiler. For moving heavy structures we have planned to purchase EOT cranes and installed into the factory. If the cranes are purchased interstate against C From the tax will be @2% or otherwise it is 14.50%. Kindly inform whether we are eligible for CST purchase. If there is case laws available for supporting the issue kindly forward the same.

I have doubt regarding claiming of Input Credit paid under Service Tax Reverse Charge Mechanism.

I have recd. invoice of Rs. 100000/- from the service tax provider under works contract on 10t August, 2012, in which I have to pay service tax @ 50% of the service valued i.e. is (6.18%) Rs.6180/- at the time of payment to the service provider. I have made the payment on 15th October, 2012 so my liability to pay service tax on reverse charge arises in the month of October, 2012. But I have paid the Service tax under reverse charge on the month of 10th February, 2013 with Interest on delay of Payment for 4 months.

Now can you suggest when I can take credit of Service tax paid on Reverse Charge.
1. Whether in the month of October, 2012, where my liability arises & I have the paid the tax with Interest. Or
2. In the Month of February, 2013 in which I have paid the Actual Tax.

Kindly help me out as soon as Possible.

Customs-

Advance Authorisation Scheme:

Can i use license received under this scheme for importing material for manufacturing at any other unit or materials has to be imported for the same location from where exports are effected??

Sir,

My name is Sumesh. I am preparing for Intermediate (IPC) Examination on May 2014. I would like to know whether the Companies Act 2013 is applicable on May 2014 examination.

Kindly advice