Dear all,

What is the rate of depreciation allowed on Sewage water treatment plant under Income tax Act?

My articles were officially over in last february. I had taken excess leave of 6 months. Hence my articles got actually completed in august last year. I had not filled 107 for extension of articles. I was directed by the institute to re-register myself as an articled assistant in 102, 103. I have filled those. By when should i expect my articleship completion certificate? I've filled my final exam form for may 13 and i have to sent it by post so that it reaches till the last date. Also is there any other relevant procedure i am supposed to follow. Please inform.

OPINION ON PULP IMPORTED UNDER CONCESSIONAL RATE OF DUTY LOST AND DAMAGED IN FIRE
We import pulp ( Custom Chapter 4703 ) i.e. raw material ( input) under Rule (Import of Goods at Concessional Rate of Duty for manufacture of Excisable Goods) Rules, 1996 and S..No. 260 of notification No. 12/2012 (Customs) dated 17.03.2012 as amended vide notification No. 31/2012-Customs, dated 08.05.2012 by preparing Annexure III duly certified by the Excise Department. for the manufacture of Paper Board i.e final product which is dutiable.
As per notification custom duty (Basic) 5% is exempted and CVD 6% and additional duty 4% is applicable. We take cenvat credit of CVD and additional duty.
Some Qty of this material (Pulp) has been destroyed and damaged due to fire in Pulp godown on 2.1.13.
Please give your opinion on the following points :

1. (a) Whether we have to pay customs duty @ 5% on imported value of the pulp ?

2. ( a) Whether we have to reverse duty equivalent to Cenvat Credit taken by us i.e. CVD & Addl. Duty ?

3. On disposal of salvage value what will be rate of duty to be charged from buyer?

Dear Sir -Service porvider issued bill for technical service including his other expenses i.c Conveyance, hotel etc could sugest tds rate applicable .

I passed my CPT exam of Dec'2008 & Registered for IPCE in Jan'2009 but till date I could not clear my 1st group of IPCE & because of that I can not join Articleship. I passed my B.Com with 51%. Can I start my Articleship & then during articleship period clear my IPCE? Please Reply.

sir, I wanted to know. possible reasons for condonation ....for submission of form 103 with late fees......what reasons may be give for condonation....help its urgent

how is the treatment of function cancellation charges??
we collect advance (say rs 50000)for banquet and pay service tax on it.when the invoice is raised,service tax is paid after taking credit for the tax already paid on advance.
suppose the function is cancelled after remitting service tax and where we retain say rs 10000 and refund the balance(rs40000), how should this income be treated?
wat is the effect of service tax on this?
pls reply

What is the difference between Builder and contractor as per AS7? and to whom AS 7 is applicable?

If an assessee has sold a residential plot and invested the sale proceeds in another residential plot, then whether the assessee can claim deduction u/s 54??? and Is it necessary to construct the purchased residential plot within 3 years?????


Urgent so pls reply as soon as possible.
Thanks in advance

Company-A is a BPO
Company-B is a Spa, Health care, Surgical massage centre
Relationship between companies is common directors
Company A Entered into lease agreement for 3 blocks individually in one floor, It occupied 2Blocks and 1 is allowed to company-B to run its business inconsideration that Newly recruited employees of Company-A will be sent to get few checkups & Tests for free of cost as part of Hiring process, counseling.

So what how the service tax liability can be determined.
1.Whether rent amount basis or similar type of service consideration in money or its cost?
2. Is your answer would change if only part block is allowed to use.?