can a CA-final student write "CA-Final" and "accounting consultant" on his visiting card?

Currently almost state had imposed electricity duty on electricity consumer. It ranges from 5% to 15% depending upon the state. Looking at the nature of taxation it is service tax on service provided. All tax paid to on goods and services under Central Government rule are VAT able under various provision of similar act. ( Like Excise Duty and Cenvat Credit).
Similarly state had imposed electiricity duty on electricity consumer. Looking at current scenario VAT credit is not available. I would like to understand the understanding on the constitutional provision and nature of electricity duty.

Don’t we think that it should be adjusted against the local sales tax.

DEAR SIR
HOW CAN I CHECK MY E-DEPOSITED (E-PAID)ONLINE TDS STATUS BY INTERNET??
THANKS & REGARDS
AMIT SHARMA

As we know when auditor is appointed u/sec 224(1) in AGM then within 7 days Co. has to inform the auditor.But if Co.delayed in informing the auditor then what will be the consequence..??..
thanx in advance...

I have data of IDT of batch started for may 2009 attempt, can anybody post the amendments in IDT after may 2009...

Hi,
I want to know that is there any limit mentioned under the Income Tax Act for deducting TCS on sale of Scrap.

Suppose A firm sold a scrap of empty boxes which is used for packing to a waste purchaser(Kabadia).
Now i want to know whether there is any liability on the part of the company to deduct TCS out of Sale proceeds.The company/Firm which i am taking about manufacture cloth from yarn & there is no Excise Duty applicable on that Firm/Company.
Sale of Scrap is about 40000-50000 per year.

Kindly Help

Thanks
Vishal

AS THERE IS PARTENRESHIP FIRM ONLY HAVING SOURCE OF RENTAL INCOME THE PARTNESHIP IS BETWEEN DAD AND SON AND THERE IS COMMERCIAL PROPERTY CO-OWN BY DAD AND SON WITH REGISTARION AND PARNTESHIP DEED, THE RENT IS 12000/- PER MONTH WHICH IS DISTURBETED AMONG PARTNERS DAD AND SON 50% SHARE SO MY QUESTION IS THAT WE HAVE TO FILE THE ITR 5 RETURN IN THE NAME OF FIRM SHOWING RENTAL INCOME OR BUSSINESS INCOME SHOWING RENTAL INCOME FROM HOUSE PROPERTY IN PROFIT AND LOSS ACCOUNT AND CLAIMING EXPENSES AND ARRIVING AT NET PROFIT KNDLY EXPLAIN IN DETIAL AS FROM LAST THREE YEAR WE ARE FILING RETURN IN ITR 5 OF FIRM SHOWING RENTAL INCOME AS BUSINESS INCOME

Dear Experts

Last month we deducted and Paid TDS for Foreign consultant under sec 194j 20%(Without Pan) .Now our auditor has refused to provide certificate for remittance due to wrong selection of TDS i.e instead of 195 we deducted and paid in 194j.

Kindly suggest me.

Hi All,

Am a MBA in Finance & working as Asst. Mgr - Accounts in a MNC. I wish to go for CA. Can it be possible because I have heard that it requries regular articleship from a regd. CA for 3 yrs, but am a working guy & having my family dependent on me & my salary. If I go fo this articleship I have to leave my job which is not possible. Can anyone suggest me what to do in this case.

Co issues supplementary invoices for which it is liable under sec 11AB.As per said sec interest will be payable till the date of payment of duty on supplementary invoice.

Company pays the duty on supplementary invoices within due date however postpones the liability of interest on the same, which it pays at the end of the year.

Is there any time limit within which such interest needs to be paid? Is there any implication such as penalty or confiscation for non payment of interest within time limit applicable if any?