what is the form 16 & for whom it is applicable & in what conditions it will be applicable.

The AO served a notice u/s 148 at the address on which the return of income was filed with the department for that period. The basic question is based on following points.
1. That address on which notice was sent/ served is more than 6 years old.
2. During last six years more than six returns were filed with new address.
3. During last six years the department has sent more than four other notices or orders at new address.
4. The notice sent at old address was thru peon at old address.
5. No notice sent thru Mail or registered post or thru speed post at old or new address.

The question is whether the notice sent u/s 148 at old address will be presumed served or not.

hi,
is we r the manufacturer of excisable goods and we are registered also for service tax as some time we provide the services of repairing also. now in last year we haven't provided such kind of service. Now can we take the service tax set off against the excise duty payalbe. One more thing tht for taking service tax set off submission of the same is required every month with service tax authority.

can u suggest me the accounting treatment for import purchases when the payment was made in advance

hi I am gopal joshi. i cleared PE-II in MAY 2008. i submited my ca final form at icai mumbai colaba branch at 14 may 2008 but until i not found registration letter,identity card and fees payment letter of Rs.10000/- but i received ca news letter of july 2008 so my friends say that you are not registered so i am very nervous. please give me any good advice.
my e-mail id is gopalj7@gmail.com

hi I am gopal joshi. i cleared PE-II in MAY 2008. i submited my ca final form at icai mumbai colaba branch at 14 may 2008 but until i not found registration letter,identity card and fees payment letter of Rs.10000/- but i received ca news letter of july 2008 so my friends say that you are not registered so i am very nurvous. please give me any good advice.

Dear Members,
Please advice/confirm.How far it is permissible under companies act,if the company bestowed the tile of director to its employees such as director(finance),director(human resource) etc.Please also clarify the exact position under Comapnies Act whether such practise is permissible.

Regards,
Kumar

DEAR SIRS,

KINDLY ARRANGE TO PROVIDE THE INFORMATION ABOUT CUSTOM TARRIF FOR FOLLOWING:

1) WHETHER WASTE HEAT RECOVERY SYSTEM IS EXEMPTED UNDER CUSTOM - IF WE IMPORT FROM CHINE / JAPAN.

2) IF IT IS EXEMPTED THEN UNDER WHICH CUSTOM TARIFF HEADING WE CAN IMPORT.

THANKS AND REGARDS,


DEEPAK MITTAL

mittald@shreecementltd.com

Is there any reduction in the CST rate for 2008-09????

There was a dispute among the partners of a three year old firm running a business. The dispute was settled and four partners out of the six decided to retire and a MOU was signed in this context by all the six partners. Each of the retiring partners has invested a sum of Appx Rs 30 lacs in the firm over the last three years. At the time of retirement the immovable properties were revalued and as a result of such revaluation each received Rs 2 crores. What is the position under the IT Act? Whether the surplus will be taxed as Capital gains?