Sir if i have no taxable income,then wat is last date for filing return..is there any penalty..

Dear all,
wat is the diffrence between disa and cisa..which one is best for ca who is want to going in practise..wat is duration of this course..my ca final exam in november so when n where i apply for this? Plz reply as soon as possible..thanx in advance.

Hello every one. I am student of Final year CA. I wanted to know about other courses in the field of software like ERP which help in future for getting a good job.

I have cleared my PCC exams. My articleship of 3.5 yrs completes in Mar'10(including leave for 3 months). So I can give my final exams in May'10. I wanted to ask whether industrial training of 1 year would include the lave of 3 months or it would be 3 months over & above the 1 year allowed.

A company has purchased computer software worth Rs.30 Lacs. Can company claim depreciation @15% considering it as general plant & machinery? or it has to claim the depreciation @60% as per the income tax act?

hi friends,
when the aricleship period starts for PE-II completed students?
is it declaration of thier results? (or)
is it commencing from after thier final registration ?

please tell me.

All Experts.... pls. reply....

I am CA final student. I have a query about export sales made by HEOU.



1. When an Export sale is to be booked in Books of account, we have convert it in to Indian Rupee (base currency) for booking sales. As per accounting standard (AS11) we have to convert it by using exchange rate on the transaction date i.e. Bank rate.
2. According to Excise dept., we have to use exchange rate as per Government notification for calculation of excise duty.

3. If we follow point 1 & 2 sales as per excise records & sales as per books of account will be different; and at any time (e.g. during audit) excise dept. will ask to match the sales as per books of account.


Now, my questions are…



1. Is it necessary to use exchange rate as per Government notification for calculation of excise duty? If Yes, why? Because excise duty is to be paid on “transaction value” and there is no specific mention in Central Excise Act to use exchange rate as per Government notification for calculating excise duty (unlike in Customs Act, where there is specifically mention to use exchange rate as per Government notification).

2. If we have to use exchange rate as per Government notification for calculation of excise duty, how can we match the sales data as per books of account and as per excise records, as required by Excise dept.? And will they accept the argument for difference in sales.

Matang Parekh

Dear Sir,
I'm working in a Trading Concern regd with Central Excise.
We are liable to pay lorry freight.
Hence it attracts Service Tax.Pls kindly let us know under what type of business we shud register withService Tax.what is the rate of service tax we have to pay & how it is calculated.
Experts on Service tax may please answer this query.
with best regards
M.Narayanan

i just study about venture and consignment at cpt course. Having some problems about those subject. plz help me.

dear sir,
if a doctor ( consultant physician) receives gifts in kind from diagnostic centres will it be considered as perquisites arising from the excercise of the busines. and business covers profession.