An NRI Mr.A has given his power of attorney to Mr.B who is a resident in India. Can he subsequently form a partnership with Mr.A and Mr.B as the partners? Or can he form a private limited company with Mr.A & Mr.B as its members?

Service tax is exempt on construction of single residential house but my query is whether any person specified for this exemption or any person can get that exemption.
For eg: if CA X construct a house can claim exemption?

Dear all
I am CA IPCC student, I have given my Group1 exams in November and waiting for results.
I want to start my articalship from this April after results.
I also want to join M-Com at distance learning along with my articalship.
Please tell me that can i do so?
And what is the procedure for this?
And is there any drawback for distance learning?
PLs Help.

Without service tax no. invoice is valid or what?

we take cabling service from XYZ servicer. they raise the bill without tax no. but charged vat & Service tax..

so it is valid.

Please

sample copy of
Resolution of Change in Registered office

PAN MENTIONED IN PERSONAL/VERIFICATION SECTION IS INVALID
When i ready to e file,after xl browse,and press submit button -the above caption is showing - return not to be submitted

Dear Sir,

Kindly clarify following queries regarding SFIS.

1)At the time of Purchase of Assets or Spares Custom duty debited to Assets or Material Purchase now I have a question at the time of availing SFIS credit which account should be debited for availing the SFIS Credit.

2)I have already created SFIS receivable provision in the books.

3)If at the time of purchase I have debited to Assets than availing of credit should be credited to Assets account ?
4) If at the time of purchase I have debited to Material purchase than availing of credit should be credited to Material purchase account ?

Above issues related to accounting OF SFIS credit receivable and avail of credit.

Regards,
Akbar Saudagar

Is there any notification saying that the customs duty on import of equipments(giant wheel) for domestic use as capital assets,which is paid for in forex, will get any exemption by applying for EPCG?
What is EPCG scheme?
The company has not any foerx income.

Dear sir,

I have a query that my uncle take a loan for his business for purchase of goods but at the time of payment the dollar rate was increase and he suffer some fluctuation loss now I want to know how should we treat this loss ? whether too show this as revenue loss or capital loss ?and can we adjust this loss against the future exchange profit?please reply

I am getting service tax on rental income and depositing it to Govt.of India. I am also earning some salary income and Capital gain.
Now, I am paying service tax towards purchasing a new commercial property, position of the property will be later next year (Payment under construction linked plan).

Should I take CENVAT credit of the service tax paid? If Yes, is it 100%, or 50% in this FY and 50% in next FY.

Thanks,
Rakesh Chaudhary