Hi Friends,

Can a CA working as full time paid staff with a CA Firm or in bank or industry also provide Consultancy services to his clients and raise invoices for the service charges? If yes, should he get his some firm name registered or get a part time practice how & by what name he can issue Invoice to his client?

Would like to know the new scheme for transfer of articleship?
if u join a firm for ur internship and would like to take a transfer to some other firm whether it is possible under the new scheme if no what are the other possibilities?

Hi, We are manufacturers of intermediaries for Pharma products. We want to purchase a traded product which will be supplied to an EOU. As supply to EOU will entail no payment of CENVAT, how can we claim refund of CENVAT paid on the purchase of the traded product. Is there any procedure by which we can buy the traded product without paying CENVAT?

Hello friends
My query is that if an assessee ceases to exist like suppose company wound up then as a result of some supreme court judgement can its case be reopened under Section 147?

Please quote section,case law etc.also

Dear All,

Please resolve my query.

I company "a" has given me a bill of Rs.5000/- for printing of Flex Banner for the purpose of displaying in an exhibition. So, in what head we should show this exp. whether in printing & stationery or in sales promotion head (which is under FBT net) or in exhibition head (which is also in FBT net).

Please give me a proper solution with exact notifications number.

Thanking you in anticipation.

Vinod Jha.

if a company is not a sevice provider but is a manufacturer then can it avail the service tax input and set it off against the excise duty payable? moreover can it avail the service tax input of every thing ,i mean can it take the s.tax input on goods which are not used for manufacturing?

Dear Friends,
Our company is paying Rent Rs. 25000/- to one of our employee, in turn he pays the sam to his landlond.

How much should we include in the salary of the employee as Taxable amount to calculate TDS on Salary u/s 192.

We are not deducting any TDS u/s 194I, becasue we are paying to employee & not to the Landlord.

Dear Experts,
Our co. is taking construction contracts.
My problem is that as per AS 7, we have to book income as per the work done. So, we are doing it accordingly & showing sales accordingly.
But as per VAT, it is not shown as sales until a sales invoice is raised. We have not raised sales invoice as still construction activity is going on. Now as per income tax closing stock is less but as per VAT closing stock is very high. So, what can be done in this matter.
Is there any other treatment?

Please reply ASAP.
Thanks

One of our service provider was unregistered upto Dec08 being turnover below 10 lacs. In Jan09 he crossed the expemption limit, so got a ST Registration. Now he is charging us for service tax from the date of registration.

He is also requesting us to pay the service tax amount before the period of his service tax registration stating that he is liable to pay service tax on first 10 lacs also.

My query is:
Is he correctly quoted ?
Can we reimbure him service tax, if yes, what is the procedure, means what document we need to have from him ?
Can we take cenvat credit on such reimbursement (specially before the date of his registration)?

Please advice referring the rules and notifications in this regard.

a company has brought forward losses Rs. 675156/- ( dept loss Rs. 128970/- and business loss rs. 546186/-)as on assesment year 2008-09. further during the assessment year 1009-2010, the said company has earned Rs. 1235667/- profit before writing off the above losses. All the losses are set off during the assessment year 2009-10. How the above figures would be reflected in computing DTA/L. There are no further adjustment except above.