We are paying service tax with method grossing up. that is the amount received is inclusive of service tax and accordingly discharging service tax liability

My question is whether this service tax paid from our pocket is allowable expenditure under income Tax

Which method are allowed for valuation of closing stock under the Income tax act,1961? Kindly give reference of any act,circular or notification.

who's liability to pay excise duty ,
in case a person purchase raw material(powder) and send it to other person for whole processing (making tablet) and packing.

Recd back in his premises then who is liable to pay Excise duty and who can take credit of cenvat.

Please also discuss sale tax liability in this case.

as schedule of dec cs executive examination declared. what is omr based examination. i do not have any idea?

My CA-Final attempt on May 2015.
Now i am not in a position to decide whether to go for CA-Final coaching or to start self study..
In IPCC i took coaching only for Accounts1.
If coaching required for CA-FINAL..
Which subjects shall i go for coaching..?

i am old syllabus professional enrolled student.as in dec2014 companies act,2014 shall be applicable.
so could you please provide me link for amended old syllabus ICSI modules?

dear expert,
what are the provisions (regarding payment, interest etc) which are to be followed by proprietary firm if it takes unsecured loans & from whom it can take such loans?


thanks a lot !

Please Friends Let me know which authors reference book is good other than study material to score good marks as per your experience.Please suggest for the same.

WHETHER T.D.S SHOULD BE DEDUCTED ON INCOME RECEIVED BY A PARTNER AS A INTEREST ON FIXED CAPITAL IF PARTNERSHIP FIRM IN A TAX AUDIT ?

Sir/ madam, i wrongly deposited service tax of rs 65 lacs into the a/c of my another company. The company in whose a/c service tax shoul have been deposited, tax is yet to be deposited in that a/c. i mean i had s tax liability of 65 lacs for A comp ltd but i wrongly deposited tax into the a/c of b ltd. How can i transfer this money to a comp ltd. Pls reply