Dear Friends,

Please clarify the following:

1. Service Tax liability can it be set off against excess Cenvat -Excise & Customs Credit ?

2. Service Tax on Freight (GTA) can it set off against the service tax credits?

3. Service Tax on carriage inward (with 75 % abatement - 25% on 12.36%) can it be eligible for cenvat credit.?

Thanks

Are loans & Advances and debtors tangible assets or intangible assets

A company was incorporated on 12.2.07. It commenced business only on 1.7.08.It had incurred expenses amounting to Rs.500,000/- prior to march 07. If the company prepares accounts for 2006-07 as per companies act, will it have to prepare a profit& loss A/c and writeoff this amt as per AS-26 or any other method can be followed?

Please anyone let me know how to put the Text in the background like a watermark.

Whenever I prepare some draft documents I would like to have the words "DRAFT" in the background like a watermark. The words should be mildly visible in the background and I should be able to type something over them. The watermark should cover the whole of the page.

How should I do that?

Thanks.

Please anyone let me know how to put the Text in the background like a watermark.

Whenever I prepare some draft documents I would like to have the words "DRAFT" in the background like a watermark. The words should be mildly visible in the background and I should be able to type something over them. The watermark should cover the whole of the page.

How should I do that?

Thanks.

1. Probation Period :
a) What is the rule for confirmation of a job?

b) Can a probation period allowed more than one year, as some one told that any employee who had completed his one year service is confirmed employee and liable to get all the benefits of permanent employees please advise ?

c) What shall be happened if some one leave his job during probation period?

2. Notice Pay:- If any person leave the job with in duration of notice period what will be the deductible amount? Onle basic or CTC pls advise.

Please quote the legal ref also

thanks

Can any one tell me the best use of Scenario function in Ms excel?

Sir,
I have cleared PE II, and have also completed 18 months of articleship. Right now i am doing MBA(Finance 3rd Semester) from ICFAI Business School, Bangalore.
I want to complete CA simultaneously. Am I eligible for appearing for CA Final exams?
Is here any rule regarding sunday test or postal test scheme and also what is the min. no of articleship period has to be completed for appearing for CA Final exam?
Waiting for reply
Thank you

Amount incurred by the compny for recruitment expenses such as reimbursement of expenses for travelling from Residence to Office for Interview, accomodation expenses paid if coming form outside. Whether such expenses are liable to FBT or Not?
Plz reply.

Thanks
Regards
Pratik

please advise whether provision of excise duty on closing stock would be made on sales value or the cost of the product