NITIN BANSAL
03 February 2009 at 23:12

CREDIT OF INPUT SERVICE

CAN ANY ONE TELL ME WHETHER CREDIT OF SERVICE TAX PAID ON MEDICLAIM INSURANCE POLICY FOR ITS EMPLOYEES BY A MANUFACTURING CO. IS AVAILABLE OR NOT ?

PLZ REFER RULE OR CASE LAW, IF ANY


vijay
03 February 2009 at 23:09

Company

Please any one tell me is there any way to find the name and address of company, whose registered office is at Nanded.

Can i get the details of company registered in my city either from MCA Website or elsewhere.


surinder kumar

It is stated that as per ICAI guidance notes, Exise duty provision is made on Finished goods having no effect on the profit & loss account, Is it true? what entries to be passed while making the provision of excise duty on FG. Please reply.


NITIN BANSAL
03 February 2009 at 21:42

TDS

can any one tell me that whether liability to deduct TDS arise or not when payment is being made for membership of hotel (i.e. The Grand ,Intercontinental )


Rajat

I recently read somewhere that AS7 (% completion method) is not mandatorily applicable to construction companies who develop housing/commercial on its own account and then sell to public. In other words these construction companies are not bound to compulsorily follow % completion method. Is it true?

Is AS7 applicable only to contractors who undertake construction contract for their clients.


Ganesh B

Hello! Please provide the following?

What is the interest rates for
delay in payment for service tax?
And how to calculate them? Please
explain in-detail?


Meekha
03 February 2009 at 20:04

Direct Tax

Can any one please explain me the following:?

_1_ In a house belonging to Mr.X, his cousin is living without paying any rent. He says that since his relative is residing there without paying any rent, there is no rental income chargeable to Income Tax. Is he correct?

_2_which of the following assessee is charged to income tax in the assessment year following the previous year:
(a) a non resident business firm which shipped goods on 1.5.08 at vishakapatnam port in Andra Pradesh;
(b)An employee left India to USA on 1.8.08 with no intention of returning;
(c)ABC firm which discontinued its business on 1.9.08
(d) An employee-assessee of a University who worked during 1.4.07 to 30.03.08.

Here Assessment year is not given so how do we answer this? And what would be the answer?Please help Sir.


ritu
03 February 2009 at 19:26

exams

hey is it true that ca pcc exams are postponad to june from 1 to 15th june


shreya aparaj
03 February 2009 at 18:37

plz help!!!!!

hi this is shreya from bangalore.
can anyone tell me which is the best coaching centre for cpt in bangalore. plzz m badly in need oif it. urjent!


Sandeep Keswani

I have 2 queries:-
(1) For an assessee who is engaged in trading of shares, whether transactions of derivatives (F & O) should be considered for calculating turnover for the purpose of Sec 44AB ?? Take an example:- Turnover from trading in shares is Rs. 35 lakhs, Turnover from F & O transactions is 10 lakhs. Then whether Sec. 44AB is attracted ?
(2) F & O is not delivery based. Therefore only the profit or loss is recorded in the books and not sale / purchase. In that case how to compute turnover of F & O transactions for the purpose of Sec. 44AB ??





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