What do you mean by Free Float Indices?
Is it related with shareholding pattern of the Company, in any way?

Hello Friends
Actually I want to ask, when we increase the authorised share capital of the Company we pay the fees under Schedule X of the Companies Act, 1956. So can we treat this fees as Deffered Revenue expenditure and write off per year as 20%?or
whether we will debit it, totally to the P&L A/c as an expenditure of that year.
Is it Capital Expenditure or Revenue expenditure?

I am in another state to visit ICAI & collect Eligibility Certificate. So can any body recommend me any site relating to Elegibility certificates where I can Downdload it from my place

Hai friends,
Can please anyone tell me at what rate of duty should i assess for Basic customs duty and CVD for these two goods :
The under mentioned goods are imported :
1. Micro motors - Value in FOB 10,000$.
2.Soldering Irons and Guns - Value in FOB 5000$. other factors, Air freight 400$. Rate of exchange 1$=Rs.50. Customs duty - 10% Advalorem, CVD - 16% Advalorem. Education cess as applicable. Effective rate of duty on Soldering irons and guns through a customs notification is 5%.

what to do if someone charge service tax on the bill & elligible for TDS. In such a case, on which amount TDS will be deducted whether on amount inclusive of service tax or exclusive of service tax.
pls reply with circular issued by CBDT in this connection

a product has been imported by one party (A)& the same is given to other party(B) for value addition for specific cost, service tax is paid on this cost component ,
as the same party distributes product in the market also. at the end of the year profit is shared between the two equally,

does this share of profit is subjected to service tax in the hands of B, if so who is held responsible for the payment A/B
Matter is very urgent please reply with proper reference.

i am student of pcc and my attemt is nov,2009.i want ask you what is actual period serve by me in articlesheep traninig at the pcc level .and my traninig started 17-12-07 ,iwant ask u what is date of my complition perid of article sheep for pcc level.what is relaxation period

Case 1 - Assessee earned income in construction of Designer floors, turnover is 15L. If Tax Audit applicable or not? Case 2 -Assessee only designs the floors and gross turnover is Rs.15L. If tax audit is applicable or not? In both the cases assessee is not having any professional qualification but his employees are.

Hello Friends,
I have passed my PEE-II this attempt May-08. I have in problems that i do dummy article training or not, because i have 2 years experienced with a renowned C.A. firm in jaipur.please suggest me that what will i do?
And also in jaipur any ca who give me dummy training please let me know?

VALUE ADDED TAX



1) While Production of Finished goods we take the Input Vat Credit on Raw Materials purchased for the production of finished goods in the factory.

After production we transfer those goods to different states through form ¡§F¡¨


„« How we will set off the Vat Input Credit if the finished goods are not sold in same state or some of the goods say 20% sold in same state.

„« Whether we can transfer the Vat Input Credit to other State in which we transfer the finished goods

„« Whether the Vat paid for administration work in sales office same can be taken as input vat credit.

„« If the Vat Input Credit is Excess than Vat Output Tax than the remaining Input should be carried forward or refund can be claimed.

„« Vat Paid on Capital Goods in factory as well as in Sales office whether the same can be taken as Vat Input Credit.

„« Whether Vat Input Credit taken on Capital Goods will be eligible for deprecation.

„« Vat Input Claimed & Payment of VAT by Work Contractors.

„« What is the set off procedures of CST with VAT.