MAYUR JOSHI
25 March 2009 at 13:29

How to start practice

After qualifying CA i am working in a company from last three year. I have got enough exposure about accouting, Auditing, Corporate Tax, FBT, Service Tax, VAT, Excise etc.

Now i am looking to switchover in practice field. I don't know how to start it? From where i will get work? How to start partnership with existing firms?

If any one will give me feedback i will be thankful.


RAMU
25 March 2009 at 13:29

EXCEL

Dear Sir/Madam,
My quary is as below:

In excel if I type 100 they how it will appear "one hundred "
Menas please tell me formula how character are convert in to figures

Thanks and regards,
R.dutta,
E-Mail: rddutta@yahoo.com


sandeep
25 March 2009 at 13:23

VAt on Garment washing charges

We are export of Readymade garments.
We get our garments wash from washing house.
Is there any vat applicable on washing charges? We are not providing any material to the washing house.

Regds


Anoop Nair
25 March 2009 at 13:23

VAT or CST

Hi,
One of our vender supplied the materials to our client site in the same state where the vender office is located. And they are billing the same to us. we donn't have office in the particular state where the material has been delivered. We are situated in another state. What will be the tax component that the vender can charge to us. whether it is VAT or CST??

Requesting your expert opinion in this regard

Anoop Nair


CMA. Subhash Kumar Jha

Sir,

One of employee has submitted a fees receipt of his son as per following :

1. Tution Fees : Rs. 7500/-
2. Laboratory Charges : Rs. 7900/-
3. Institutional Fee : Rs. 8200/-
4. Exam Fees : Rs. 1600/-

Can u precisely tell me which of the above should be valid under tuitution fees for 80 C deduction ?

Pl reply urgently.

Thanks

Subhash


Bhagwat Dayal
25 March 2009 at 13:16

notification/Circulars

hi,

Can someone tell me what is the difference between notification and circular

Regards
Bhagwat
bhaagwat@gmail.com



M.D M.D .M

WE ARE A SMALL FIRM CARRYING CONSTRUCTION SERVICES ALONG WITH ERECTIONING & COMMISSIONING SERVICES.

WE ALSO PROVIDE OTHER TAXABLE SERVICES LIKE ENG.CONSULTANCY, BUSINESS AUXILLARY SERVICES, RENTAL FRM IMMOVABLE PROPERTY ETC.

WE HAVE A LIST OF COMMON INPUT SERVICES USED FOR ALL THE ABOVE ACTIVITY.

WE AVAIL CENVAT ON INPUT SERVICE AS A COMMON POOL IN OUR ACCOUNTS .

WE PAY SERVICE TAX ON CONSTRUCTON ACTIVITY AFTER APPLYING THE RELATED DEDUCTION AS PER NOTIFICATION 01/2006 DT 1-3-06.

THE CONDITION TO APPLY THE ABATEMENT IS YOU CANNOT AVAIL CENVAT CREDIT FOR THE INPUT SERVICES USED FOR THE ACTIVITY.

WHETHER WE CAN AVAIL CENVAT ON INPUT SERVICES USED IN CONSTRUCTION ACTIVITY AND UTILISE IT FOR OUR OTHER TAXABLE SERVICE -TAX LIABILITY


abinaya
25 March 2009 at 13:08

Self generated goodwill - tax effect

In a firm one partner has retired and goodwill is generated. Whether there is any effect on income tax?


abinaya
25 March 2009 at 13:07

Self generated goodwill - tax effect

In a firm one partner has retired and goodwill is generated. Whether there is any effect on income tax?


SUSHIL
25 March 2009 at 13:06

TUETION FEE


IS FROM 01.04.2009 WHILE CALCULATING THE TUETION FEE EXEMPTION OTHER FUNDS & FEES (IN ADDITION TO TUETION FEE) CAN BE TAKEN INTO ACCOUNT?

IF YES THEN WHAT WOULD BE EXEMPTION LIMIT AND RELATED PROVISION.

THANKS

SUSHIL