My client is paying License Fees to American Petroleum Institute, USA towards use of its monogram. The license allows the client to affix the API Monogram on its products. The API regularly conducts audit at client's premises in India to ensure that the products comply with its standards.
Whether above license fees can be termed as Royalty and Tax deductible from it.

Sir,

My son he is writing cpt in june -12 please suggest what is the next step after this and suggest the best college in hyderabad

Thanks

Regards

Anita Kaur

Can a Manufacturer can utilise the cenvat credit paid under reverse charge against excise liability????

CAN ANY ONE SUGGEST THE BOOKS WHICH CAN RELY ON FINAL EXAM. I WANT TO KNOW BOOKS OR AUTHORS FOR BOTH GROUPS.

PLEASE.

We are manufacturing fertiliser as well as Sulpuric Acid. We are paying duty @1% on fertiliser and no input credit is being availed On input for mfg. of fertiliser as per notification no 01/2011 dt 01.03.11.

However payment of 1% duty made from cenvat credit instead of cash as required under rule 3(4) cenvat credit rules 2004.

When noticed we started payment in cash from oct’2012 onwards.

Now the commissioner issued shocause notice mentioning that payment is illegal and liable for interest and penalty.

Kindly advise.

i have given cs foundation (omr type) exam in dec 2012 n d result r out. my total is 230 but i failed in business eco but i scored 60 above in all 3 papers n in eco i got 37 n d passin is 40 so can they carry forward my other marks in eco so that i pass.... plzzzz help as i dont want to repeat

My client have a hospital for more than 10 beds.
How can i applly for exemption of medical benefits from perquisite value in respect of medical treatment of prescribed diseases or ailments in hospitals approved by the Chief Commissioner.

Please inform me the procedure for application.

I received shares of unlisted companies as gift in my HUF A/C from my Uncle, it is taxable as gift tax , further when the same was sold to others what is the treatment of receipt from sale as per IT act

Dear All

Please clarify payment of loan to third party by account payee cheque on borrower request is valid compliance of section 269 ss I will will appreciate if someone can refer some case law on the matter

Dear Experts,

Please let me know, TDS is applicable on service tax charged on rent.

Regards.