One of my client is having excisable unit. He raise the Invoices in March-13. But does not despatch the goods same day for 10-15 days.
But Excise duty is paid on such invoices as on 05.04.2013.
On 08.04.2013 these invoices are cancelled and cenvat credit is taken on cancelled invoices in April 2013.
Please advice it is permissible or not.

Is this legally allowed by ICAI
take articleship at other place and actully doing for other firm??

Hello Sir.....
I have not recd. my final registration letter yet. I submitted all documents as on 27th Feb. Where to ask about this except e - sahayata??

Plz reply me as soon as possible...
Thanks in advance

Dear Sir,

this salary total CTC salary for one month is 12000.00

Basic 40% of total = 4800
HRA 50% on Basic = 2400
Conveyance = 800
Special Allowance = 2068

Total Gross =10068

PF Deduction 24% on basic = 1152
ESIC dedution on Total Salary (12000)6.5% on = 780

Total Salary (10068+1152+780) = 12000.00

Please tell me i am right or any amendment required

please reply soonnnnnnnnn

I have a confusion regarding the entry to be passed for interest receivable on fixed deposit as on the year end date ( say 31/3/13)
Please help me for the same

Sir,

We have made a mistake while paying Profession Tax for the month of Feb.13 and also while filling return for the same.

1. We have due to oversight deposited Profession Tax for Feb.13 @ Rs. 200 per employee instead of Rs. 300/-.

2. While filing the return, we have mentioned no. of employees in Jan month column instead of Feb.13 and that is the reason we did not noticed the mistake of short payment.

We have now paid the difference ot Profession Tax and interest on the same.

While filing revised return, following options are available :

1. Revised Return U/S 6 (4) (a)
2. Revised Return U/S 6 (4) (b) (i)
3. Revised Return U/S 6 (4) (b) (ii)

Request please advice which option we should choose.

Regards,

Nimesh Joshi

Hello..
My question is i was take transferred from my I st principle in my 1st Year of articalship now my final exam is due on Nov'13 and my principle is not allow me for examination leave so want to take transferred so question is can i take transferred 2nd time????

If a proprietor has given loan to its proprietorship firm then the interest payable on that loan by the firm is deductible in p&l a/c or not?

Can anyone please let me know that who can be a witness for the purpose of signing a MOA & AOA.

can anyone please tell me the revised rates of employees contribution towards PPF and the rate of interest credited as per Budget 2013