rajesh
15 June 2009 at 11:19

CASH PAYMENTS ABOVE Rs. 20,000/-

DEAR SIR/MADAM

ABOVE 20,000/- CASH PAYMENTS IS DISALLOWED ONLY PROFIT AND LOSS A/C REFLECTED ITEMS OR INCLUDING THESE ITEMS ALSO LIKE TRADE CREDITORS, SUNDRY CREDITORS,GIFTS PAID,SUNDRY DEBTORS LIKE LOANS GIVEN TO OTHERS AND CAPITAL EXPENSES LIKE DAUGHTER MARRIAGE EXPENSES DR IN CAPITAL ITS ALSO PAID ONLY CHEQUE ABOVE TWENTY THOUSAND PLEASE TELL

THANKS IN ADVANCE


vyshak
15 June 2009 at 11:04

TNVAT on Scrapping of Vehicle

Dear experts,

If a company ABC Ltd sells a Vehicle (their Fixed Asset), will VAT be applicable on that sale? Please explain me in this regard.Will the Sale be treated as a sale of scrap?

Thanking you,
Vyshak


ravinder singh rawat

Dear Experts

If company pays any expend on hotel, boarding & lodging for employees or for any other person including an outsider consultancy firm, who is claiming reimbursement of their expenses paid by company is under FBT.


CA Kripa Sah

pls explain me IRDA?
NSDL?
AMFI?
FIMMDA?
NCDX?
ICRA?


Amit Khandelwal
15 June 2009 at 10:21

Service tax on construction contract

what is the rate at which service tax will be payable on construction service where bill is composite for supply and service. and at what rate VAT ia payable and the amount on which VAT liability occure.

pls reply


reshma
15 June 2009 at 10:20

notification 10/97

Dear Experts,
pls tell me, if any govt. concern company like BARC/ RCF purchase material from manufacturer who is under excise & issue them certificate of notification 10.97 then whether that manufacturar has to pay excise duty on sale of their goods or due to receiving exemption certificate they were not liable to pay excise. Or if duty is compulsary than how it is calculated. pls advice.
thanks.


CA Kripa Sah
15 June 2009 at 10:17

concurrent audit??

pls explain me what is a concurrent audit???
even explain me internal/external/statutory audit??
is IT audit u/s 44AB a statutory audit or external audit??
be detailed!!!


Amit Khandelwal
15 June 2009 at 10:15

Excise Registration

is any time limit is applicable to register for excise.
i have bought a land and not started construction (civil or eng.) can i obtain excise registration


Manjay Jha
15 June 2009 at 09:57

Accounting Standard

My company's retirement benefits funds are handled by LIC for Gratuity and Superannuation. Based on tle actuaral valuation, premiums are charegd by LIC every Year. They provide us actuary ciertificate in this manner and the bases of calculating premium.

My question is , since LIC does autural valuation every eayr, whether, company must do actural valuation on its own for compliance of AS 15


Prakash
15 June 2009 at 09:38

Excise on Capital Goods

We purchased a Machinery for production of our products and we have taken 50% Cenvat that F.Y.after installation. We used machinery 1 years for production of our goods. Now we want to sale or transfer this machine as a workable condition to our branch. So, will we have to pay excise duty for this ? If yes which value ,is it on selling price or equal to cenvat credit taken?






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