As per the notifications published dtd 11.4.2011, by Cost Audit Branch; Cost auditor should be appointed within 90 days by e-filing form 23-C on www.mca.gov.in

Now what is the procedure if company has not filed that within 90 days? From where can i get that detailed procedure ?

Is there any procedure that we can perform back dated / by paying penatly ?

My Client is a manufacturing company. He used to export material under Rule 19 of Excise Rules under undertaking. ARE-1 is made & submitted to Excise department. Then Proof of export is submitted in due course.
In case of FOC export (some samples & testing purpose) I advised to pay duty & then export. Since duty was paid, normal domestic clearence invoice is made & ARE-1 is not made & nor we inform anything to Excise department.
But same material has been held at port & superintendent of customs is saying ARE-1 is must. Pls clarify

i want to know that which practise book referred for Income tax concpets and practise.

Can any one please tell me that what is the Tax Liability Slab & how any company will come to know that whether they have to pay tax Monthly / Quarterly / Half Yearly

Thank you

there is long term capital gain on the previous year.this gain is kept with bank & lock that period or it is not used as per the section of the income tax.


but assesses is not able to pay tax on long term capital gain.

yet still no notice is issued to assess see.

to minimize the interest & penalty ,what is the duty of the assesses?

can he himself do take initiative to writing the letter of hardship?

how is it make sense?

in case of amalagamation in the nature of MERGER ..whether we should deduct provision for dividend from total assets while calculating intrinsic value ?

i have completed my ca ipcc 1st group in may 2011 attempt and 2nd group on nov 2011 attempt . i have registered for articles on 20th august 2011.
so is it necessary to complete 2.5 years of traning (i.e total number of days worked excluding leaves) for appearing in ca final attempt in may 2014.
or
only registration before 2.5 years is necessary. total number of days actually worked is of no relevance for giving final exam in nov2014.

Dear Sir,

I had made a FD in joint Account.I want to know wether I am free to show the proportion of interest and Investment in the respective personal account the way I want to.


Further in whose Personal file should I be claiming the TDS refund.

It would be great if you could make me aware of any relevant provision in the IT act.

I have got the digital signature registered with the I Tax Deptt. When I proceed to sign the return in the I.T. Portal with .pfx file it gives a message-
" Can not reed the file for signing C:\Fake path\ITR4_ABVPL8198C.XML" I NEED TO BE GUIDED as to the mistake I may be committing.It is urgent

I will be thankful

(V.K.Gupta)

Dear All

One Trading company (fashion accessories) transfer goods on challan to
another Trading company(pantaloon, reliance etc.) who further sales to
end user (customer).My question is on the first company sales tax
liability , if 2nd company make a Local sale then first company needs
to pay DVAT 12.5 % , and if 2 nd company make inter state sale then
2nd company would book as F- form sale and collect F - Form from the
2nd company. Is it correct ?

or otherwise ..can we consider (local sale) as consignment sale and
do not pay DVAT 12.5 % as 2nd company has already paid DVAT 12.5 % to
deptt. while selling to customer..and in our books we show as
consignment sale and show balance stock (lying with 2nd comp store) as
consignment stock.

I request to my expert colleagues to guide me the right procedure for
2nd company to minimize the sales tax liability.

Thanks & Regards
Saurabh Kumar
Chartered Accountant