i gave june pcc 09 , i gone through singhania but i dont think i would b able to clear gr2 so pls suggest me i should go through singhania or t.n. MANOHARAN

PLS IT IS URGENT.......................................................................................

Hi,

Whether TDS paid in excess to the IT authorities can be refunded?

Dear Members.

'A' has a contract with 'B' While releasing payment on request of 'B' we released payment to 'C' further B requested to issue TDS certificate to 'C' only. Whether we can issue TDS certificates to 'C'?

How to calculate tax liabiltiy and interest on pursual of Assessment order of A/Y 2005-06

Hello

Earlier a 100% export unit claiming 100% deduction of Income tax u/s 80(IC)but the time period is now over. Now this unit wants to be covered under 100% EOU.

Please explain the procedure for such and the conditions to be followed to become an EOU

Can two co-owners of a property, enjoy the exemption of Rs. 1.5 each u/s 24 (b) for having actually paid intrest of Rs. 1.5 each?
Thanks Mahesh

In case of individual and partnership firm we dont provide for tax, so what will be the amount to be disclosed in annexure I to the form 3CD?

WHAT IS THE DIFFERENCE BETWEEN A/C PAYEE AND CROSSED CHQ.
I THING ITS SAME AS NI ACT
AS PER SEC 40 A 3 : IT IS WRITTEN ONLY A/C PAYEE CHQ
SO WHY IT IS NOT ALLOWED IF CHQ IS CROSSED (AS PER BOOK OF GIRISH AHUJA )
I THING IT IS ONE OR THE SAME THING

Company is a manufacturer.Import a goods from group Companies.If we reject the import material due to quality issue.

My quary is as under.

Co had taken a cenvat credit on CVD part on same good which they rexport as a rejction.Can they have to revese the CVD part from RG 23 Part II.??

Non modvatable customduty part can they apply with custom for refund on which they have not taken the credit.??

OR they will have to revese the CVD part as reverse in RG 23 Part II and then we claim for full custom duty refund.??

Can any body reply.

Hello All,

I am going through an audit of a MNC n the Accounts Manager is saying that he has paid Rs. 5.0 Lacs as bribe to some Govt. Officer. He wants this entry to come on books n claim the expense. Is this expense allowed by Income Tax and Accounting Standards?

Experts, please provide ur expert opinion in this regard.

Thanx n Regards,
Sunil
PCC Student.