CA Milap Mehta
28 February 2008 at 14:54

deduction of bad debt

is it necessary that a person must be declared insolvent by court b4 deducting bad debt in case of share brokings?


Income Tax
28 February 2008 at 13:49

KVAT input credit

Dear All,
Kindly confirm whether we can take input credit on following items for a Company in Karnataka engaged in manufacture of Industrial springs.For Details Below

1) Time attendance software for Workers
2) Angles & Flats purchased for Racks
3) M S Table
4) EPABX & telephones installed in factory
5) Trincular Stereo microscope
6) Grinding blocks for CNC grinder

Regards


Aisha
28 February 2008 at 13:34

HRA allowance

Is it possible for govt to give HRA allowance even if the employee doesnt stay in a rented house(stays in self occupied property)... and can the employee deduct the same.


Aditya M
28 February 2008 at 11:56

CENVAT credit on outward transpotation

Sir,
My querry is with regard to the availabilty of CENVAT credit to companies who provide outward transportation to distributors after the sale is made in their distibution centres. Can outward transportation be treated as input service? As per notification, the liability to pay service tax is on the receiver of service for goods transport by road. if the company is required to pay the service tax to the govt, can it claim input tax credit on teh service it has availed and paid tax on? If yes, how will this be taken?


Sumit
28 February 2008 at 11:26

require Vat rate urgent

I require vat rate (Maharashtra State)applicable in following items.
CATEGORIES
1) CLOCK
2) LANYARD
3) NEON SCLUPTURE (LIGHTS)
4 HIGHBALL SET (GLASSES)
5) DOF SET (GLASSES)
6) FLASK
7) LEATHER COSTER
8) HARDY LIPSTICK
9) TATTOO STICKERS
10)RINGS(STAINLESS STEEL)
11)WRISTBAND
12)HARDY PINS
13)CUFFS (STEEL)
14)DOGTAGS
15)WATCHES
16)BELTS (CANVAS,LEATHER)
17)SHOES (CANVAS)
18)SUNGLASES
19)KNIT TOPS (HOODYS INCL)
20)JACKETS (LEATHER AND DENIM)
21)CAPS
22)TROUSERS- CARGOS
23)DENIMS
24)KNIT BOTTMS( HAREM, 25)LEGGINGS,SHORTS,SKIRTS)
26)TOWELS
27)BAGS(LATHER AND WOVEN)
28)AIRFRESHNER
29)HANDSET
30)CEREMIC SHOT GLASSES


Priya
28 February 2008 at 11:12

General knowledge

DO ANYONE KNOW IN THIS WORLD THERE IS ONE COUNTRY IN WHICH ONLY FEMALES ARE THE EARNING PERSON AND ALL OTHER MALES REMAIN AT HOME AND DO HOUSEHOLD WORKS?
IS ANYONE KNOWING ABOUT THIS?


CA Umashankar Vaishnav

RESPECTED SIR /MADAM /STUDENTS,

I HAVE RECENTLY KNOW ABOUT CHANGE IN CA CPT COURSE RULES THAT THE NEXT EXAMS OF CA CPT WILL BE CONDUCTED TWICE IN A YEAR INSTEAD OF TAKING EXAMS FOUR TIMES IN A YEAR.

I ALSO WANT TO KNOW THAT IS THEIR HAS BEEN CHANGE IN PASSING REQUIREMENT LIKE THAT :

MINIMUM MARKS FOR PASSING IS = 100/200, AND NEGATIVE MARKING IS 0.25%.

IS IT STILL REMAIN OR THEIR WILL BE A CHANGE IN ABOVE SHEDULE .

PLEASE REPLY QUICKLY!

THANKS!

UMASHANKAR VAISHNAV

C.A.-FINAL


chinta v bhaskararao
28 February 2008 at 10:05

Transfer of CVD, ED

My client is a construction company and importing some material from chaina, according to contract aggrement the CVD, ED shall be born by them and they shall provide their employer to avail the same, What are the Document Procedure required to maintain my Client? Please Clarify me. (my client not regestered with Excise and Customs). Seeking your suggestion.


Rakesh
28 February 2008 at 09:02

MAFA Notes

If u can help in MAFA pls send some reference books name for MAFA i am very week in this sub and due to this i havnt clear my exam in last attempt my email is rakeshdarji2005@gmail.com


srinivas
27 February 2008 at 21:57

Income tax - valuation of perquisite

what is the value of perquisite in case of unfurnished accommodation provided to an employee of a bank which is a govt. of india undetaking ?

please send in your answers to

srinivasanupama@gmail.com






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