We have purchased a machine and have taken cenvat. After few month using in production that machine we have sent to our branch for two month for production purpose. In this case, we have to pay excise duty on this. If, yes which value?

The financial year has been closed in Tally 7.2 version.



I do not want someone to accidentally make any more entries in that financial year as all the figures have been finalised and audited. Now I would like to block the accounting staff from making any more entries or edit entries for that financial year.But they should be able to view the transactions.How should I do it in tally. Please explain step by step.



Thanks.

1. Is donation in any form money or materials from its members of a Club for construction of their own building exempt from Service Tax?

2. My Club's income is Rs. 16 lacs. Is the base limit of 10 lakhs for exemption available to us? I mean whether the Club has to pay ST on 16 lacs or 6 lacs (It has been paying ST on full value since the introduction or ST)

3. Suppose, if we have paid excess ST how to get back the amount from the Govt?

1. Is donation in any form money or materials from its members of a Club for construction of their own building exempt from Service Tax?

2. My Club's income is Rs. 16 lacs. Is the base limit of 10 lakhs for exemption available to us? I mean whether the Club has to pay ST on 16 lacs or 6 lacs (It has been paying ST on full value since the introduction or ST)

3. Suppose, if we have paid excess ST how to get back the amount from the Govt?

Hello everyone
I want to ask about some post qualification course which enhances the value along with c.a in the market.I am basically confused over CFA or MBA.Further would MBA through distance learning hold any value?Also Is CFA from ICFAI Tripura hold any significance and is it approved?
Please suggest me what should i do MBA or CFA or some other course and from where?

In a financial organization the EPS has been caclculated as
Net profit available to equity shareholders/No. of ordinary shares outstanding

An organization X ltd. is also having Debentures and Preference Shares besides ordinary equity in its Capital Structure

The organization is calculating EPS by taking into account EBIT as earnings available to equity shareholders instead of(PAT - Preference Dividend). this makes there EPS goes high as well as the market price per share and the value of the firm.

But in actual they are paying [PAT - Preference dividend(1 + CDT) - Retained Earnings] to equity holders.

is this procedure correct???

please also tell me what could be the intention of that organization in doing so???

Please tell me what is the difference between tacit contract and implied contract. Please give me some examples of these contracts.Thanks in advance.

Hii....am attempting PCC exams this June , with regard to tax i am prepared in it according to AY2008-09...so i want amendments in tax for AY2009-10....can u please suggest where can i get it.....

Plz help me....I would be very thankful to u....

Dear Sir,

I want to know does service tax on rent of commercial property is withdrawn or not . If so from which date.

Thanks.

u/s 194c the liablity of tds arises if any payment exceeds Rs.20000/- or cummulative credit or payment exceeds Rs.50000/-. my question is if a single payment exceeds Rs. 20000/-say Rs.25000/- but total payment during a F/Y does not exneeds Rs.50000/- say Rs.45000/- whether TDS has to be deducted on Rs 45000/- or only on that payment that exceeds Rs.20000/- ie on Rs.25000/-

pls reply