Hi to all my CA. friends

I want to confirm that an assessee who is running the business of playing and hiring of 7 trucks and earn more than rs. 3 crore in a year and on that amt. tds deducted by the service receivers. Is it possible not to take tax audit u/s 44AB of IT act, 1961 as receipt are more than rs. 3 crores

sir please suggest me why don't we impose ST on Tradeing.It is also one kind of service which provide by supplier to consumer or whoever it is.
please explane me what is difference between tradeing and service

what is the definition of contractor as per tds law.

we have imported raw material and under ex bond we have sold to a party.. is local tax applicable on sales and wat is the accounting treatment?

Dear Sir,

One of my cleient(Individual) having more than one FD with Scheduled Bank and which are yielding interst for Rs 5500, Rs 6800 and RS 8900 .

In this situation, Banker tryed to deduct tax at source for Interest amount to Rs 8900.

He don't have any other source of income ,what are the remedied available to him . Is submission of Form No 15 H enough or not?

Hey people i know it is quite weird but can anyone suggest that if i wish to open a shop (sole proprietorship) in Delhi (jewellery's shop).What will the formalities to be fulfilled and what registrations will have to be taken.Please suggest.Its quite urgent.

Thanking you in anticipation.

Suppose one person is exporting goods of Rs. 30,00,000 p.a. Is he entitled to DEPB. If yes, how much ? To whom he should contact for Availing DEPB credit ? Can he avail any cash assistance as an export incetive from DGFT etc. ?

Few insurance companies are not ready to provide some insurance products to companies due to insurance underwriting constraints. But some other insurance companies are providing the same product.

Is there is any common guidelines for this ?

Hi all,


i have one doubt please clarify the same.

One of my friend doing a business of construction of building. he buying the materials like sand, steel, cement etc., for tht that he is paying VAT also. he is not selling the same to other. he is using the same to construct the building.
whether input credit can claim in this areas.

prasanth

RESPECTED SIR/MADAM,
I AM A STUDENT OF C.A.FINAL IMY CURRENT QUALIFICATION IS:C.A.(INTER)PASS,B.COM 1st DIV, M.COM 1st DIV, AND HAVING COMPLETE KNOWLEDGE OF COMPUTER.
PRESENTLY I AM DOING MY ARTICLESHIP UNDER A REPUTETED C.A. FIRM IN WHICH I GETTED SALARY BEING RS.2,500 P.M. SIDE BY SIDE I PREPARE MY SELF FOR C.A FINAL EXAMS.
I HAVE ALSO COMES ONE OFFER FROM CADBURY INDIA L.T.D FOR THE POST OF ASS. AUDIT OFFICER SALARY BEING RS.200,000-3,00,000 P.A. SUGGEST ME YOUR'S BEST ADVICE
THANKING YOU!
UMASHANKAR VAISHNAV
C.A.FINAL