What will be applicable for CA Final old course June 2009 exams, SA or AAS ?

Where the consent of party is obtain by misrepresentation, the contract is voidable. The agreemet is voidable at the opinion of whose party and why

Dear all,
whether Gift given to employees liable to FBT ?

A manufacturing company A gets its power manufactured by a different company B on payment of processing charges and takes cenvat credit on the 'fuel' supplied by it to B. Now, A has taken a decision to supply some of the critical spares also (besides the Fuel being supplied now) to B which will be used by B to maintain the P&M items belonging to Company B and used for generation of power.

Now is it possible for A to take cenvat credit on such spares also? I personally think it is possible.

Please provide your views on this.

S S Roy 9831090324.

Sir

Thanks for the reply.

We checked with CE Authorities. They informed that since the goods have been cleard under without payment of duty (ARE 1), we are not eligible for CE reg..

They also reqested us to submit any precedence from our end to get CE Reg. No.

Pl. clarifiy whether we can reg. for CE No. and if posible can we issue excise invoice (cenvatable by our buyers).

(We are merchant exporters.

We have cleared goods on ARE1 (without payment of duty) for export.

But not able to export some quantity.

Planning to sell the unexported locally (after paying duty with interest. But the buyer wants cenvatable invoice.

We do not have excise reg. no.

Can we issue excise invoice? so that the local buyer claim cenvat credit.

regards
sundharesun ks)

My company is a private company and one of director of my company is having partnership in its sister concern so in that case whether section 297 & 299 will be applicable and why?

Hi Friends

In case of slump sale, should we consider the actual cost of assets bought by the person or the written down value of the assets in the hands of transferor while accounting in the books of transferee?

What is the cost of the asset to be shown in the books of transferee i.e. buyer after slump sale?

Is it the actual cost at which assets were bought or the written down value of the assets which would have been accounted in the books of transferor if there were no slump sale?

can anybody tell me if a person wants to file the return and he is not residing at the place given in the pan card and has filed e-filing should he send the required documents(Form 16 A) to the place given in the pan card and how will he know in which range he falls and should he send through registered post or any other mode.

Dear all,

Can anyone suggest the treatment of Service Tax Input Credit of a 100% Export Unit?

Can a 100% Export Unit claim refund for Service Tax Input Credit?

Olease Let me Know.

Thanks

dear experts,
my client is a govt.civil contractor,a firm.He filed the ROI along with 3CB,3CD for the Asst.Yr.2006-07 showing the gross T.O.about 366 lakhs and the N.P.@4.21%.

This case was selected for scrutiny and after call for books of accounts by the A.O.the assessee did`nt turned up.

The A.O.Completed the asst.on an estimated basis @10% and demanded Rs.13 lakhs in the Asst.order.

The assessee perturbed by this order,and preferred an appeal(1 st appeal).On the dates of hearing in appeal the assessee shown the books of acounts to the Hon`ble CIT (A).The Learned CIT (A) was remanded the case again to the A.O.

But the A.O.didn`t allow the evidence (ie.Books of accounts)by invoking Rule 46 a

what should I do? pl.advice since the date of hearing falls due on 21 st may 09 by the CIT (A).and also request you to cite any case laws & verdicts on this issue.

regards,

Sathvedha B.Com.,FCA