What is the treatment of Foreign Travelling expenses by our company officials for the purpose of Project work.
A)Whether capitalise or not
B)For Annual accounts in notes of accounts expenses in foreign currency these expenses are required to separately disclose as merge in Block
C)Income Tax treatment

i took loan of rs 10 lacs for pur of plot of rs 25 lacs. intt on the loan for 2 yrs was paid to the tune of rs 3 lacs. now plot is sold for 32 lacs [stcg 7 lacs]. whether intt can be taken as part of cost of plot ?

i m payning my staff thru reimbursement expenses like fuel, telephone, car hire charges, driver salary

on the above expenses whether i need to pay fbt or not

HI,

I WANTS TO WORK IN PWC OR E&Y,,,,
,, CAN, ANY ONE TELL ME WHATS THE RECRUITMENT PROCEDURE AND WHAT KINDS OF QUALIFICATION AND ELIGIBILITY REQUIRED,,CURRENTLY I AM WORKING IN A AVERAGE FIRM AND MY PCC EXAM WILL BE HELD IN MAY 2010

1. SHOULD I DEDUCT TDS FOR THE INVOICES I RECEIVE FOR PURCHASE OF SOFTWARE WHICH CONTAINS SERVICE TAX COLLECTED IN IT?
2. SHOULD I DEDUCT TDS FOR THE ABOVE IF IT HAS VAT TOO?

Hi All,

Can anyone give me a confirmed date as to when the results of the Nov. 2008 exams are going to be declared? I've been hearing its as late as 27th of this month and that is scary!!!

We are importing our RM for Mfg purpose. And finish good are sale in india as well as export. We take CENVAT credit of CVD + Cess on CVD and Additional duty.

Now, we have excess RM and we are planning to export same RM to our inter company. So please advice and how to process.

Can we go for claim Drawback or rebate clime?

If yes, what would happen to the credit we have taken in register?

Custom Authority is asking for a certificate from Central Excise authority stating that No Cenvat credit is taken for the items being exported.

Early response in details will highly appreciated

Thanks

1) Raw material order cost @ 100 /- per kg plus cenvat 4 % & AP Vat 4 %.

2) Ordered qnty = 1000 kgs

3) Material received is 950 kgs but the invoice is for 1000 kgs .( 50 kgs damaged condition and rejected )

4) Payment made is for 950 kgs only .


Can you plz suggest the Accounting entries as per Accounting standards ...

Dear all

Please advice on below matter.

We have imported consignment form Austria.
and vessel already arrived on Nhava Sheva Port.

Now, We are planning to ship consignment directly to USA without receipt on material at our Factory.

So Please advice it is possible ?
what is processor ?

Kindly tell me the job oppurtunities for the CS program.

And also tell me the role and pay scale we get after finishing this.

Is there any neccessity to be an commerce graduate in degree level?

Kindly guide me friends.

Thank you.