Harshit Doshi
06 January 2013 at 17:17

Withdrawl of epf

Dear Sir,
I am previously employed with a bank.However,after 3 years service I leave the job & received leave salary & withdrawed EPF Balance.As I have withdarwed EPF before 5 year,the amount is taxed to me.However,I want to know that whether I can take any tax saving advantage by investing u/s. 80 C & get deduction from withdrawed EPF Money?Further,I also want to know what is TDS Rate on early withdrawal of EPf?



Anonymous
06 January 2013 at 17:09

Articleship transfer

Dear members and experts please resolve my query
It has been 3.5 months since i have been in articleship,now i am willing to take transfer
in the firm where i am working can i do so??

IF yes do i need to send form 109 along with the letter of request to ca institute or first i should merely write a letter to ca institute asking for permission.

since i am in my first year of articleship do i need to give reasons for my transfer? OR mere sending of letter with mutual consent is enough??

Within in how many days of transfer i should join a new firm immediately? IF i dont join immediately will it be considered as termination and creates adverse affects on my remaning term of articleship?

Dear Experts please resolve my query as i have only one day left to make decision.. thaking you all and awaiting response


S.P.Mahanta
06 January 2013 at 15:05

Cenvat credit

Sponge Iron purchased from supplier(Principal manufacturer)who got same manufactured by job worker under notf:214/86.Item purchased under duty paid excise invoice for manufacture of steel products.In excise invoice, Removal under notification no 214/86 is written in remarks.
Will such remark prevent availment of Cenvat credit?.


shh
06 January 2013 at 15:00

Reverse charge mechanism on directors

Ad Agency Pvt. Ltd. has received and paid on 2nd August 2012, a consultancy bill
from its directors for the month of July 2012. The director is also receiving salary
from company.
Company wants to know whether it is liable to pay service tax on amounts paid to
directors under reverse charge mechanism?
1-consultancy bill

2-receiving salary from company


P. RAJASEKHAR
06 January 2013 at 14:53

T d s

Sir,
A Bill for repairing/servicing the Measuring Instruments, received for 60,000 + Service Tax @ 12.36% : 7416 = Total 67,416.
Now, can TDS be deducted @ 10% : 6,742 from the Total Bill, Form 16 will be issued accordingly, please clarify. With thanks.

P. RAJASEKHAR


PRIYANKA
06 January 2013 at 13:55

Ltc

my qs. is under the followimg situation what type of action is to be taken by a CA?
An employee gets LTC in the F.Y 2011 but utilzes it in 2012 i.e he goes on a holiday in 2012. when is he supposed to get the exemption ? in 2011 or in 2012 acc to prov of sec 10? sec 10 when read seems to be self contradictory.... what should be a CAs advice in this?



Anonymous
06 January 2013 at 13:41

Donations received by private trusts

Whether donations received by private trusts will be considered as income of the private trust. If yes,whether the same is taxable or exempt. Please give reference of relevant sections, case laws, etc.



Anonymous
06 January 2013 at 13:00

Regarding section 54f

In case a husband gifts jewellery to his wife in FY 04-05 and then in the FY 11-12, the jewellery is sold and a house property is purchased in joint name of husband and wife,what will be the tax implication in the hands of husband and wife?Please help.


HITLER

Respected Sir,
One of my clients is taking the benefit of noti.no.08/2003 of the exemption limit of turnover of 1.5 crore now question arises that can he take the credit of raw materials purchased during the exemption period or he has to take the credit of the purchase after exemption period please let me know & if there is any rule regarding that in the central excise please tell me rule no.



Anonymous
06 January 2013 at 12:48

Confusion

Hi,
I am Niranjan. I am graduate from Calcutta university in 2010. I am doing Job in Genpact from last 18 months. I am also doing CA (IPCC) and MBA in Finance (Distance).
I did not get time for my study both the exam (IPCC & MBA, Ist Year). Everyday I go for office 6'o clock and came back to home around 9'o clock. After coming home I am not able to study.
At one time I think that I will leave my job and concentrate on my study but at the same time I also have financial problem.

Please advice what I have to do in this case.






CCI Pro



Answer Query

Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details