Dear Sir
whether a Chartered accountant holding COP can show services provided by him on his visiting Card/ sign board of office/ letter heads. For example a CA shows following line in his visiting card/ sign bord / letterhead-
services provided: Income Tax, Accounting, Auditing, service Tax

whether a CA do this or it amounts to misconduct ?

Kindly resolve my query.

In the Service tax return ST-3 form column F gross amount received against service ,Is need to be filled ...... If i want to avail the exemption under notification no.6/2005.


some person is saying fill column F(I)C ii but my point is that it is for amt recd for exempted service but in my case service is taxable but i am taking the exemption as SSP.

what to do plz help

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please provide me Daman & Silvassa Vat return excel or word formate on raj.g.kumar@relianceada.com

Can someone tell me what basic salary we have to pay to workers on role for eg if an employee having gross salry of 3500/- can we keep basic as Rs 1000/- and other allownace and convey 2500/- and deduct PF on only Rs 1000/- pls advise

We have a unit in Gujarat, where the minimum wages is revised to 162.40 for our category of industry. My question is should this minimum wages be kept as basic Wages on which PF is to be deducted or we can split this 162.40 into seperate allowances and deduct PF on the splitted amount, if yes then what should be the ratio like 30% or 40% or 60% of the min wage as basic pls advise

some capital goods purchased on 01-07-2007. The excise duty paid thereon was Rs. 200000.00
As per Rule 4(2) of CENVAT Credit Rules, 2004, CENVAT Credit on capital goods may be taken in the financial year in which capital goods received to the extent 50% of excise duty paid. The balance 50% can be taken in any of subsequent Financial Years in which goods are in possession.

> So, Rs. 100000.00 can be taken in the month of july-2007 (i.e. Financial year 2007-08)

> let these capital goods scrapped on 30-06-2010.

Q: in which Financial year and in which month, balance amoun of the CENVAT credit may be taken?

How does the AO come to know whether the person has to pay income tax in the previous year itself?

if profit added by the buyer to resell the goods is as a % of cost price to him ,then the vat paid by him should be included in the cost price???? or

the cost for adding th eprofit will be excluding vat paid??

As per provisions in the companies act, it is specifically mentioned that if a company incurs loss during the year, it can still declare dividend out of past reserves provided it fulfills all the 3 conditions.

1 condition out of that is - Max dividend which a company can declare in case of loss is - Average Rate of last 5 years dividend paid or 10% of paid up capital, whichever is less

Then how come a listed company like Indiabulls Securities (Auditor - Deloitte) declared 100% dividend for FY09 even though it reported net loss for that year.

Could some expert please enlighten me with the rules for distributing dividend in case of loss.