E-filing must for those earning more than Rs 5 lakh- 10 lakh. The Economic Times(06/03/2013)
Please comment

I want to purchae one asset. Two options are available for me. Either to make up front payment or deffer it.
It is agreed with the supplier to pay Rs. 1,00,000 after 28 months. Present rate of interest for my FD is 9% p.a.
Now if I want to make up front payment what would be the present value of Rs. 1,00,000 to be paid after 28 months. FD interest is compounded quarterly.
I am finding difficulty in calculation of PV. Can anybody help me in this? What is the formula to be used?

In case of Pandap or Shamiana services providing full catering services abatement is 70% . This is called to be a partial abatement.
However in works contract option is provided that 4.8% of the gross amount charged can be paid. Does this also called as partial abatement as this type of option is different from the above prescribed one?

If a CA provided coaching services to students through coaching centre there are two contracts:
1- Between coaching centre and students
2- Between CA & Coaching Centre
Here, Commercial coaching centre will be liable to pay service tax for providing coaching to the students. . .
But, Will CA be liable to pay Service Tax for rendering service to the Coaching Centre. . ?
If yes, under what category of service ?

My question is, is quitting banking for becoming C.s a right decision? I am 28 & working with a small-sized banking company at middle-management level. I have already enrolled myself for c.s exec prog. My salary is around 3 - 4 lacs p.a. and 15 yrs down the line, it may at best become 12-15 lacs p.a. I currently find studying for c.s very interesting & engaging.

Dear Sir,

Please guide us for following:

We are haryana based real estate developers, having residential flat construction project.
We had issued a contract for finishing of flats. the contract termed some of material developer is to provide free of cost viz cement. My question is: Can we take benefit of Form C for purchasing cement by taking Sales tax registration in Haryana.
2. If not, is it posible contractor issue form C on our behalf by purchasing the material and we pay for same.

Please advice.

Dear Members,

I have a query on Form 26AS downloaded from IT dept. Whenever Form 26AS downloaded in text format, what is the procedure to be followed for conversion it in excel format ?? please help me in this regard.

Thank You

I had got letter from the institute containing

sub: transfer of article file

we are sending herewith the student file of MR SAKET GUPTA(ERO0179090) under CA. KEJRIWAL SANJAY KUMAR(075702),since the memeber belongs to central region.

kindly acknowledge the receipt and do the needgul.
.
.
.
I would like to request you that what should I submit to the institute. My articleship starting date is 31/10/2012. Whether it will same or it changes after this issue provided vacancy is there in my firm?

Hello Sir,
ESIC is deducted if the gross salary is 15000 or less, but when an emplyoees get salary more than 15000 p.m and due to his leave he get's salary less than 15000 whether to deduct ESIC or not.
Same case with PF, due to leave one's salary that is basic salary+DA becomes less than 6500 then should we deduct.

My bank has deducted tds on my FD for the a.y 11-12 how can i get the refund i have not filed any return it now my age is 71 female so can i know how to get the refund pls help me