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Ajay Chaudhary
16 July 2007 at 01:27

efiling problems

While registering at the IT Dept. site for efiling which DOB should be used for HUF assessee. DOB is compulsory for registering at IT Dept. site. In ITR-2 form, we need to put 31/03/2007 as DOB for HUF assessee.


sunil
16 July 2007 at 00:47

freight on export shipment

sir/ma'm

sir in many case i have seen that the exporter recovers lesser freight from buyer than it actually pays to the CHA.
whether it is a correct practice in view that it directly effect the FOB value as FOB is increased & thus extra export incentives are received.
whether FEMA permits such contracts to recover lesser payment on account of freight??


Ahmed

IN ANDAMAN & NICOBAR THE GOVT OF INDIA HAS GIVEN A INTEREST WAIVER FOR LOANS/OD ABOVE RS. 2.00 LAKHS FOR THREE YEARS AND LOAN WRITEOFFS FOR LOANS BELOW 2.00 LAKHS.

PLEASE LET ME KNOW THE TAX TREATMENT TO BE GIVEN FOR THE INTEREST WAIVER AND WITEOFFS OF LOANS.

THE ABOVE BENEFIT IS GIVEN FOR TSUNAMI AFFECT TO ALL THE BUSINESS LOANS/ OD. 2/3RD OF THE BURDEN WILL BE BORNE BY GOI AND 1/3RD BY INDIAN BANKING ASSOCIATION.


CA. S.B.Shah
15 July 2007 at 07:07

"BANK empanelment 2007-08"

Respected sir,
kindly solve the query related to uploading of MEF form:
since last two years our mef application number remain same but from this year we have found changed new mef application number !! why it is so? Is earlier form for two yrs purpose and now altogether changed? similarly from this year we don't get/find existing data as appeared in last application!! is it true this is fresh form which remove last data as well as repeated applicaion number or else, pl. guide?


Rahul Murarka
15 July 2007 at 03:30

Rank in CA Final

Well, I am looking forward to score Rank in CA Final taht too in single digit.. My CA Fianl is due on May'08.. Can anyone guide me on how to approach?? Which theory papers should i take up first?? any other suggesstion will be highly appreciated..


Bandaru Rama Rao
15 July 2007 at 02:28

Future for a SAP Professional

hi Sir/Madam(S),
I have decided to go for SAP.But my doubt is if i work in a SAP oriented job for a period of 5yrs or so,If in future if i wanna come back to core finance job will i be treated as a fresher as i dnt hav the experience in Core finance.Please answer my query and help me out.


Bandaru Rama Rao
15 July 2007 at 02:28

Future for a SAP Professional

hi Sir/Madam(S),
I have decided to go for SAP.But my doubt is if i work in a SAP oriented job for a period of 5yrs or so,If in future if i wanna come back to core finance job will i be treated as a fresher as i dnt hav the experience in Core finance.Please answer my query and help me out.


sunil

sir/ma'm

i m facing a situation wherin the rawmaterial supplier pays the advance to jobworker & deduct tds as per sec194c & deposits the same in time.
subsequently due to certain reasons he gets back the raw material un processed also he get back the advance paid.
now what will bw the treatment of tds in books & in the tds return & tds certificate???
whether ts deducted can be reversed?


s. k. mohan
14 July 2007 at 08:51

FBT on Tour and Travel

Upto FY 2005-06 FBT was levied at 20% on total travelling expenses. However, from FY 2006-07 travel exp. has been broken into 3 parts. 1) Conveyance @ 20%, 2) Hotel, boarding & lodging @ 20%. 3) Tour & Travel @ 5%. My question is, what expense should be covered by tour and travel. Should it cover only fare or can it also be stretched to cover hotel, boarding and lodging exp. also.


CA VINOD JAIN
14 July 2007 at 06:20

DIVIDEND INOCME

how to show dididend income in ITR 4 , which is exempt us 10 (34)