Anonymous
15 February 2013 at 11:31

Registration of a.d code?

What is the procedure for registration of A.D Code with customs after getting the bank letter from the bank?

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niteshkhurana
15 February 2013 at 11:19

Tds

will tds bw deducted on flex printing and hoardings. bills given by party include vat

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Veera Narayana Reddy.K
14 February 2013 at 12:35

Cisa

Dear Sir,
I cleared my IPCC both groups and my planning go for CISA. My qualification is 10+2 and degree 2nd year pursuing. Can i go for CISA? Is my qualification is eligible for that? if not what are the qualifications for CISA? Is thinking is correct or not? My final will come May2015

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CA Abhishek Singh

Hello everyone,

it is normal in case of a pvt co. that members who are also directors transfer funds from company's bank a/c to their personal bank a/c for personal use.

since loan or advance by a company to its directors holding more than 10% of shares is treated as deemed dividend and is taxable in the hands of the director and company is also supposed to deduct tax at source.

can we do the following tax planning
1. appoint another person as member with say 1% shares and whenever director/members need funds they can do so by first transferring from co a/c to to his a/c and then they can withdraw from him.

Is it practically possible or there is any better way of tax planning ??

waiting for the views of the experts

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Radheshyam Bhutada
13 February 2013 at 17:44

Service tax liability on xerox service

Dear Expert,

Seeking your expert openion on following issues:

Clent providing xerox per page @ Rs.1/-

1. Whether Xerox covered under Service Tax.

2. If cover, then pls specify Service Head

3. is any abatement for paper, ink used in Xerox.

4. Position before Negative list & After.

Thanks, Waiting for your valuable reply.

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Anonymous
13 February 2013 at 17:21

Ca final registration

RESPECTED SIR,, I have completed my IPCE 2nd group in the nov.2012 atempt. i am presently doing my articleship tenure...
I wish to know that till which time i could register myself with the ICAI as a CA FINAL student...please tel me the last date of ca final registration.... my ca final atempt is due in nov.2014. please let me know that should i get myself registered as a final student nw...????

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Amit Kumar Jha
13 February 2013 at 16:59

Capitalisation of assets

Company purchase a assets in the name of director but payment had been made through company bank account
In that situation weather can capitalised asset in Company books of account and any dis closer is required for that

what should be done in that situation

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Anonymous

Dear Members Please suggest me,


I have enrolled for GDCA course(goverment dipolma in cooperation and accountancy.) , should i have to inform ICAI regarding my enrollment ??

If yes, then in what way should i inform The Institute.



Thanks a lot.

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Anonymous
12 February 2013 at 20:33

Question point of view..

1.service tax provisions for due date for payment of service tax?
2.time limit for payment of service tax?

will the reply to above 2 questions will be same or different. and if different then what?

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Jivan
12 February 2013 at 20:20

Penalty u/s 271 (1) (c)

Dear Expert,
An assessee sold plot of land and not offered the same to tax at the time of filing his Return of Income, later he received notice for assessment U/s 143(3). In assessment proceedings A.O. added Capital Gain Income into his total income and assessed accordingly. Due to that addition there was additional tax liability, which assessee paid after assessment proceedings. Now AO issused notice under Sec 274 read with 271(1)(C) to levy penalty u/s 271(1)(c). What is the way out to avoid penalty or at least reduce it to minimum.

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