Company has availed cenvat credit on Machinery which manufactures exempted goods.The company has not utilised the said credit till date.

Now the company wants to export the said machinery.Can teh company export the same against DEPB. If not than can the company claim the refund of cenvat credit of machinery not utilised till date

can we deduct Municipal Tax for calculation of service tax from rent received if Municipal Tax & Propriety tax same thing, depends upon the Jurisdiction, whether covered by corporation, municipality or local panchayat etc?

Dear Sir,

We have given contract to advertisement agency for advertise our product. They advertise our product & have given their bill ( including advertisement matterial supply by them purchase from third party) Rs5000 (for Service provide by them & Rs. 15000 for material supply by them). What is the rate of TDS deduct from their bill is 2% or 1 % and which amount i.e Rs.20000 or 5000.

What is the difference between Propriety tax & Municipal Tax ? can we deduct Propriety tax when service tax on rent payable ?

I QUALIFIED CA IN MAY 2008 AND GOING TO JOIN A GOOD CA FIRM. MY QUERY IS, WILL I HAVE TO FACE ANY PROBLEM
IN FUTURE IF I WANT TO SWITCH OVER TO INDUSTRY AND WHETHER EXPERIENCE IN CA FIRM WILL CONSIDER OR NOT.

I QUALIFIED CA IN MAY 2008 AND GOING TO JOIN A GOOD CA FIRM. MY QUERY IS, WILL I HAVE TO FACE ANY PROBLEM
IN FUTURE IF I WANT TO SWITCH OVER TO INDUSTRY.

Hi pawan..
many thanks for your rply... yes i also had the same impression dat il be eligible to appear on may 2010, as all my friend who cleard with me will be appearing on may 2010, but i have only one query then y the registration letter which i have recevied fr, inst. says that il have to complete twon and half year of articleship for appearing to ca final.
do i need to ask a clarification fr dis or it is implied or may be this is the mistake on their part.
plz help me in this.
il be highly grateful..
regards

it is a pvt ltd, compnay and we are using common assets for running business. can we transfer right of usages of the said assets and book relvant maintainance expenses on the basis of usages.

if so, please help and send me a draft agrrement or a letter of understanding for accounting purposes.

thanks

what is maximum expemption limit of intrest from a saving bank account from tds..deduction plese advise

RFA n HRA Both can Be Claimed.