the company buys food coupans for its emplyees from a third party and remits the amount along with service charges. whether TDS is applicable in this case? If YES, on what amount it is calculated?

Hi,
An asset purchased and wrongly debited to p & l Account. Subsequently it was traced out and capitalised. Now what is the accounting entry to be passed for the Depreciation not effected in the earlier accounting records.

If A Company Import machineary and for duty payment utilization EPCG licenance then import machine duty free

Queary regarding machine cost which are depreciable inclueding Liceancy value...?

Dear sir/Madam,

Presently i m engaged in audit of export house and i want to know that the com sends free of cost sample and charging excise duty on it.How will be treated in accounts.

If it shows sales then in case of written of the balance attract any law to written off.
Please tell me.


S.K.Sah

Hello Freinds

In our case we had been paying Full Service Tax since 2007-08, without claiming any input credit of service tax and also not showed it in the return filed.

Now, on scrutiny we reveal this mistake. So, what remedial measures we can take while filing return of 2008-09.

Which perioud credit can we claim in this return.

Whether we have to file a revised return and if so then upto what perioud a revised return can be filed.

Thanks in anticipation

Gourav Mehta

Respected Experts,

Please provide me the list of all names u/s 80C, where one can claim dedcution from his gross income with there respective maximum investment limit.

Please also suggest other ways to claim dedcution from gross income.

i want to transfer my articalship to another city can i do it and send me the naw announcements and send me that date till i can transfer my articalship send me fast on my mail id jackeysingla86@gmail.com

we are registered under central excise and
we need to send back the inputs back to
the supplier for repair.(these inputs are not charged to excise duty as the supplier is working under excise exemption) i would like a clarification as to the procedures we need to follow , documentation etc.

If total purchases of any firm exceed Rs. 40 Lacs and sales is less than 40 lacs Is tax audit required?

Can leave encashment carry forward to the next year?
What are the applicabilities for leave encashment to a concern?