what is defination of Capital goods. what are conditional for availing vat crdit on capital goods. on consumables which are used in factory on which VAT crdit is avialble or not.

Hi, i am a chartered accountant. I have cleared my exam in May 2008.But till now i cant get the certificate from the institute my chartered accountancy clearance certificate. Can you suggest how i have to proceed in this matter

In Office we pay monthly salary and account once in a month and pay PF & ESI accordingly.

In FActory we pay weekly wages. In this case how to account wages for the particular month and calculate PF & ESI. Since for calculating PF & ESI calender month wage will be taken. Whereas payment will be based on weekly which will not exactly ends up by month end.

Advance thanks for clarification

Can somebody sent excel format of E.R.1(Monthly return)?.My email i.d. is sandeepu354@gmail.com.

Thanks

Sandeep

Cheques become stale after the expiry of six months from the cheque date. The bank may dishonour the same and on confirmation from the drawer it can be paid.

However, i want to confirm the liability of the banker in case it makes payment against a stale cheque. Please mention the relevant section also.

We export against advance authorization by paying nil duties on imports. Please clarify

1. if we clear the exported goods by paying excise duty , can we claim refund of excise duties from excise department

We export against DEPB produring inputs from local market against Anex 1 ( without payment of excise duty). Please clarify

1. if we clear the exported goods by paying excise duty , can we claim refund of excise duties from excise department

Excise duty would be paid by us from our Cenvat account

Sir
Our Co. (A PSU) entered a consultancy contract with a company of Austria for receiving technical service (both onshore and offshore) regarding excavation of tunnel. as per contract the income tax liability in India and Austria will be borne by foreign consultant and service tax and all other indirect taxes shell be borne by us.
With reference to above contract what procedure to be followed by us with respect to blow mentioned points.
1. What are the withholding tax provisions as per Indian revenue authorities?
2. How calculate service tax liabilities?
3. In which format we issue tax withholding certificate to consultant?
4. How much TDS to be deduct from consultant?
5. As a finance personnel what point to be checked before points?
Please guide me I will be wholly responsible regarding above mentioned payments.

A.O. issued notice u/s. 142(1) on dt. 15/6/2009 to submit IT return for the A.Y. 2006-07. Also requested to submit copy of returns & Form No. 16 from A.Y. 1996-97 to 2008-09. Is it a valid notice. Is it binding for the Assessee to submit the required documents. Plz keep the querry open.

Suppose if a person having an age of about 44 years is unnecessorily harassed by promising an oprtunty for employment with certain level of remuneration what damage can he claim legally. Is there any Supreme court decisions connected with the matter.

I had heared one audit is sox audit? will anybody help me to know more about this type of audit...