WHAT ARE THE AREAS IN WHICH CA STUDENT WHO WANTS TO GET JOB IN THE COMPANY NEED TO EXPERTISE ?

REPLY WILL BE HIGHLY APPRECIATED !

At the time of scrutiny of a private company it was seen that a shareholder holding more than 90% holding had taken loan from the company. That loan amount was held to be deemed dividend u/s. 2(22) (e).Thereafter a notice u/s. 148 was issued to the shareholder, who in response to same filed a revised return, agreed to the addition and paid tax in relation to the amount held as deemed dividend. Against that revised return notice u/s.143 (2) was issued. Assessment was completed accepting the total income as per revised return. But now A.O. has levied penalty for concealment u/s. 271(1) (c). Is A.O.'s contention right? How can the assessee cancel the penalty levied?

My client is trader in Ink registered under MVAT. He has his purchase in local @4% and Sales in Local as well as CST. We file halfyearly return. This year he is having refund in 1st Half. I need detailed guidance in Refund Claim and documents and reports to be submitted for refund and in which format, and if any change to me made in filling Form 231. It would be helpfull you can send any formatted xls file on my id ketang2@gmail.com
Thanks & Regards
Ketan - 9220644724

Dear Friends,

The course namely CFTM (Certified Foreign Trade manager) offered by
"The Institute of Certified Foreign Trade Managers of India" gaziabad
has any worth in the market;

if so, for whom it is better i.e. for finance people, for marketing people ...?

i am little bit confused about this course, can you please suggest me....;
is it a worth to do this course along with CA or any course ?

i am waiting for your suggestions,
with regards,

Amresh

Hello friends,

I am putting written contex of mail received from my client, he received from a very gud Airlines.....

Congratulations!
It gives me great pleasure to inform you that you are a proud winner of BlackBerry Smartphone Pearl under the 15th Anniversary Promotion launched by XXXXXX Airways.

Since the promotion comes within the purview of section 194B of the Income Tax Act, 1961, you would be required to pay Tax Deducted at Source (TDS) on your prize which is Rs. 7725/- (i.e. 30.9 % of Rs.24999/-). On payment of the tax we request you to furnish us a copy of the demand draft and the tax paid challan for our records alongwith your (a) Full Name, (b) Residential Address, (c) Contact Details, (d) PAN Card Copy and (e) Postal address (where you would want the prize to be sent)

Now the thing is that how can my client deposit TDS and/ or the other way to deal with this kinda thing from such a reputed airlines

i a person get 20000 for his capital asset as advanc and later(after 2 ) for computation of capital gain can indexation be applied for advanc received.

Can any body reply to my doubt - After reduction of Central Excise duty from 14% to 10% What is the status of Rule 6(3) (1) of Cenvat Credit Rules,2004?, as we are having an order in hand of exempted goods (by notification. Following points to be cleared -

Cenvat credit applicable ?
Or 1st cenvat credit taken & at time of invoicing which rate is applicable for reversal of cenvat credit ?
Or separate record maintain for Cenvat credit invoice -

Electrical Panels to be used for Water Treatment Plant -

[ previously following notification is applicable ] -

NOTIFICATION No. 3 /2004-CENTRAL EXCISE 08.01.2004



G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary

In the public interest so to do, hereby exempts –

(I) All items of machinery, including instruments, apparatus and appliances, auxiliary equipment and their

Components/ parts required for setting up of water supply plants; and

(ii) Pipes needed for delivery of water from its source to the plant and from there to the storage facility,

Falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from whole of the duty of excise leviable thereon under the said First Schedule, subject to the condition that a certificate issued by the Collector/ Deputy Commissioner/ District Magistrate of the District in which the project is located, is produced to the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, having jurisdiction, to the effect that such goods are cleared for the intended use specified above.



Explanation.- For the purpose of this notification, water supply plant includes a plant for desalination, demineralization or purification of water or for carrying out any similar process or processes intended to make the water fit for agricultural or industrial use.

2. This notification shall come into force on the 9th day of January, 2004.



[F.No. 354/159/2002-TRU]

(G.S. Karki)

Under Secretary to the Government of India

Best regards,



Mr. Vikas -

which one is better ca or cs,,,,and what is difference between between this two courses, can you please ans this

What is the procedure for registration under Indian Partnership Act

At the tome of scrutiny of a pvt. company it was seen that a shareholder holding more than 90% holding had taken loan from the company. That loan amount was held to be deemed dividend u/s. 2(22)(e).Thereafter a notice u/s. 148 was issued to the shareholder, who in response to same filed a revised return and paid tax in relation to the amount held as deemed dividend.Against that revised return notice u/s.143(2) was issued.Assessment was completed accepting the total income as per revised return.But now A.O.has levied penalty for concealment u/s. 271(1)(c). Is A.O.'s contention right? How can the assessee cancel the penalty levied?