For the last 2 assessment years, the expenditure on which tax has not deducted at source/not remitted within the due dates needs to be disallowed in its entirety.

This is particularly severe in cases of 194C deductions wherein the entire expenditure is disallowed if a small % i.e. 1%/2% is not deducted / remitted under the said section.

I would like to know if anybody has filed any suit questioning the legality of this draconian provision.

regards,
Sankaran

Hey hi....
I am appering for CA- Final exams in May 08 and now on examination leave.....
So prima facie have started with the studies but its too directionless and unable to set targets and sequence in which i sd do the ppration of the subjects......
am still not very sure about whether sd i do number of subjets (2-4) daily or do a subjets at a time and sd i go for theory subjets first or practical ones.........
plz plz someone plz guide me .......
looking fwd for reply.......
thnkx

Whether it is compulsory to pay advance tax in the event of MAT

sir,
I have completed my PEII during november 2006. And I have joined my articleship with effect from 01.04.2007. Whether I am eligible to attend may 2009 exam.
And what is the difference If am registered as auditclerk. Will it make any difference in articleship tenure and when is the attempt if registered as audit clerk.
What is the difference between audit clerk and articled clerk.

my relative who has shortlsted some CA firms for articleship, today asked me to send him my bio-data/resume through email.
Sir, plz suggest me

a)what points should i include in my resume?

b)What should be the format?

c)an illustrated example of resume;

SIR,
I WANT TO ASK THAT WETHER THERE IS ANY RULE THAT ITT TRAINING MUST BE COMPLETED WITHIN 6 MONTHS AFTER GETTING ARTICLE SHIP IN PCC.
PLEASE ANSWER AS SOON AS POSSIBLE, THANKS FOR YOUR RESPONSE.
THANKING YOU,
DHAVAL JANTIYA

Who is better Sanjay Aggarwal or Sachdeva for the coaching of ca final ?

how much is the 1st rankholder's marks in CPT (nov 2007) attempt?
wat is the last rankholder's marks?

One assessee is both a manufacture and a trader of the similar goods. Suppose the assessee is manufacturing shoes and selling it as well as it is buying shoes from the other manufacturer and selling it. For carrying on this business the assessee is availing some input service. My question is whether the assessee can avail the credit of the service tax paid on the input service received? Please refer any case laws or provisions to support ur answer.

When we pay our vendors for transportation of goods, vendor charges his service charge + octroi. VAT is applicable for the sevices provided, but is it applicable on Octroi Charges too...Please help....