Anonymous
28 June 2013 at 16:51

Cenvat creidt

Hello Sir,

1. A Pvt. Ltd. have its manufacturing unit at Hospet-Karnataka with ECC No.

2. The same A Pvt. Ltd. had Seperate Trading Unit at Hyderabad-Andhra Pradesh with separate ECC No.

My Question is :

1.A Pvt. Ltd. [Trading Unit] Had supplied the Raw Material of Steel Meaterial to A Pvt. Ltd. [Manufacturing Unit] Charging Excise Duty @ applicable rates.

2. A Pvt. Ltd. [Manufacturing Unit] is eligible to take the CENVAT credit on the invoices raised by A Pvt. Ltd [Trading Unit]

3. It's not a STOCK TRANSFER. They will purchase from the third party and sold to the Manufacturing unit with proper sales invoice.

4. Is there any problem to take CENVAT Credit ?

Please Explain......


CA vaishali singh
28 June 2013 at 16:46

Incorporation of company

i had upload the incorporation forms of a company but status is not approved it is showing the error under regulation under 17 of company act, 1956 please someone tell me the solution for that


shiek dawood
28 June 2013 at 16:39

Depreciation

in the following problem calculate depreciation as per companies act,

opening balance of motor cycle - Rs.40775.92/-

on october-15, 2012 new motor cycle purchases Rs.59682/-

an accident was occured on 30-09-2012. it was sold on november-28 for Rs.19000. (old motor cylce was accidented not new motor cycle)

Rs.22000/- was received as accidental compensation on december-14,2012.

in the above situation how to calculate the depreciation as per companies act.

please give solution

OLD MOTOR CYCLE HAS BEEN ACCIDENTED.


S RAMESH KUMAR
28 June 2013 at 16:38

Tds return - reg.,

Dear Experts,

at the time of TDS return filing one person's PAN Wrongly mentioned another Person's PAN. The challan was booked. how can rectify this problem. if file the cancellation statement and file the original retrun that time delay of filing fee Rs.200/- per day will apply or not? please clarify.

thanks in advance.


sanjay choudhary
28 June 2013 at 16:33

Bill discounting

whether TDS is applicable on the bill discounting charges paid


Vinay

Dear Sir,

One of the company has started distribution of power(electricity).it has certain amount of preoperative expenses and pre operative incomes.

If preoperative expenses are revenue in nature then what will be its treatment?

if preoperative expenses are capital in nature then what will be the effects on accounting treatment?

can preoperative income can be net off
against preoperative expenses?




Charu Singh
28 June 2013 at 16:23

Section 58a of companies act, 1956

Can a director of private limited company be covered U/S 58A of Companies Act , 1956 if he ceases to be the director of the company?


Ajay
28 June 2013 at 16:16

Stock in trade

Mr.X deals in land.. land development business.
as such land is his SIT

Mr. x sell a land (shown as SIT in books) which is agriculture land as per Income Tax.

Can Mr.x divide his SIT in two part
1. Agriculture Land ( Exempt)
2. Other Land

and can exemption.


Prince Kumar Tiwari
28 June 2013 at 16:16

Section 25 company.

We few student are registering a section 25 company as company limited by share, with a capital of 1,00,000/- rupees.There are three promoter as well as director of the company , and i want to know that if we three people subscribe whole capital or part than what difference it will make ???And how much i can keep authorised capital of the company while filling form 1 ????


SUMIT ARORA
28 June 2013 at 16:14

Tds certificate 16

WHAT AMOUNT SHOULD BE SHOWN UDER TDS CERIFICATE COLUMN AMOUNT PAID / CREIDTED ????

1 . GROSS SALARY PAID INCLUDING PERK VALUE AS PART B
2. GROSS SALARY INCLUDING PERK AND OTHER
INCOME DISCLOSED
3. NET AMOUNT PAID (NET OF TDS)
4. NET AMOUNT PAID (INCLUSIVE OF TDS)

Kindly clerify as soon as possile as urgent ?
HELP?????????????
IS NET TAXABLE SALARY






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